Currency Update

I have been a dollar bear for quite some time and I am completely surprised that one of my first blog posts is so popular right now.  I mean I wrote it September 12, 2007 "Diversify your cash holdings - SELL DOLLARS"

So here is a chart looking at some of the more popular currency ETFs against UUP, the strong dollar ETF.



I love being right from an investment perspective but what does this say about our nations finances and the policy makers ability to deal with economic disruptions.  It really makes you wonder if the USA is on the right path or should we abandon Obama-nomics in favor of some good old fashion fiscal discipline?

When was the time anyone heard little Timmy Geitner speak of a strong dollar policy?
Posted by Bradley Fluetsch at 3/9/2011 6:01 AM
Categories: Economics
Tags: USA America currency dollar yen pound Canada Obama President Geitner
 

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