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from Joe Russo:
Continuing from part 1, Why the Paper-Price of Gold and Silver Matters, as promised, we’ll start with a chart of the dollar and discuss the various heights to which this dirtiest of all shirts can elevate itself.
Since basing at 78.91 back in May of 2014, the fed-injected steroids really kicked in. The dollar value has surged more than 16% in nine months – and is now trading north of the 90-handle.