Dollar vs. Euro...........

[the nature boy]

actually the real article you want comes from the Feb 7 edition of the magazine called "Let the Dollar Drop" but that is 'premium content' so you'd have to pay for it or go through an university to legitimately access it.

did you read the article I posted above from the same magazine?

 

[collegiateLifter]

did you read the article I posted above from the same magazine?

its interesting and i know theres a bunch of guys here who are angry about the lack of a gold standard, but it doesn't really address the current state of the dollar in depth. BTW some people would argue that the dollar is todays "gold" but perhaps not for too much longer.

 

[bigschweeler]

...to address the trade imbalance. A weak dollar makes US goods cheaper to purchase overseas. In order to even out the trade imbalance the dollar is manipulated to inch lower against the euro and other currencies. Hence the price of gold has gone up. Usually the US dollar is the foundation for all other currencies, but when it slips there is an increase in gold as it is seen as a back-up for currency.