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Is the Fed really trying to kill the U.S. dollar?
Since 2008, the United States has engaged in historically unprecedented programs to stimulate the economy. We have experienced quantitative-easing program one (QE1), QE2, Operation Twist, and QE3, all of which has made available significant amounts of credit for the banks to loan out to the public. During that time, the common belief among many investors was that this intervention had killed the U.S. dollar, so one should be buying precious metals to protect themselves from the dollar’s collapse. Amazingly, I still hear this same mantra. And it is simply not true. In 2011, I called for a long-term bottom for the ... (full story)
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