“It’s going lower, last Friday the US dollar closed at a new low against the Swiss Franc. You need a $1.18 to buy a single Swiss Franc. I think you are going to see much more of the safe haven money going into other currencies or precious metals and the dollar is going to lose that bid, especially if the Fed launches QE3...If you look at the economic relapse that’s going on right now, look at Friday’s abysmal job numbers, look at the housing numbers, understand that all of this is taking place with record monetary and fiscal stimulus. What happens if we remove those supports?
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