Dollar rise AGAIN

As I’ve said before a rising dollar will increase debt payments, the price of oil and restrain growth in developing countries. If the dollar runs away we will see fear of inflation and recession build fast. I would expect gold to de-couple from the dollar. Last night we saw gold find a footing below $1200. We may be entering a new “risk on” period. The Lira has lost a full 40% since the beginning of the year!

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