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Friday, February 18, 2011

Will the US Dollar Collapse???

The debt is huge no doubt but I am watching the US Dollar index.Currently 78.
If it holds the 2008 lows(72) I would not be concerned.
But should it break those lows then there could be a run on the dollar!
This would cause all commodities to soar in price and no doubt call for a New World Order currency to replace it.
Watch this chart closely in the coming months.
Use the 5 year tab to see those 2008 lows.

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