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Dollar Rallies by Most Since May Against Yen, Gains Versus Euro (from ATSNN)

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superdude

posted on Dec, 8 2004 @ 12:18 PM
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Not since May of 2004 has the dollar risen so high against the Yen, Euro, as well as a dozen other major currencies, as analysts reduced their predictions that the US currency would continue to decline
 



www.bloomberg.com
Dec. 8 (Bloomberg) -- The dollar rose the most since May against the yen and rallied versus the euro, Canadian dollar and a dozen other major currencies as some traders reduced bets the U.S. currency would decline.


Please visit the link provided for the complete story.


I for one have been watching this decline closely, and started to actually contemplate the purchase of Silver & Gold in fear that the dollar would no longer be worth anything at all.

This refreshing bit of news bodes well for the strength of the US economy, and the future of her great citizens.



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