OK, ok, the photo is a bit hyperbolic, but it raises an essential point. Whether or not you view the trending weakness in the US dollar a good thing, it makes sense to protect your money from further downside.
Why, you may ask, should you hedge against USD weakness if you never leave the US or [...]
September 4, 2009 · 16 comments
in September, gold, investing, market reports, penny stocks, precious metals, silver, stock picks, stocks, wealth protection
September and October are traditionally weak months in the stock market, but it is the “September Effect” that fears professional and technical traders the most. Yesterday (September 3, 2009) gold prices jumped up 17% per ounce in gold trading, closing near the key psychological resistance point of $996/oz. No surprises here, perhaps as the last [...]