Daily Archives: February 18, 2009

The New Currency Trade: Gold Vs. All Else

Investors have taken to terming the flight from risky assets into gold a newworld’s banks on track — bedeviling investors across the globe — has produced a safe-haven trade into the likes of Treasurys and the dollar. However, the dollar’s success is, in some ways, a mirage, improving only because other major world currencies have…

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