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Currency Currents:
GOLD – DOLLAR BIG CHANGE IN CORRELATION?
Nov 06 2009 08:43 am (EST)

Story By:
Black Swan Capital LLC

Key News
The world’s biggest central banks are starting to unwind emergency measures introduced earlier this year to stave off a second Great Depression. (Bloomberg)
German factory orders rose for a seventh month in September.  (Bloomberg)
 
Quotable 
“The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that those who are ignorant of the past are condemned to repeat it.”
          Henry Hazlitt
 
FX Trading – Change in Gold-Dollar Correlation
We recently warned of the potential for changing correlations, no sooner was the ink dry than we noticed a a big one concerning gold and the US dollar index…
 
Click here for today’s audio/video Currency Currents.
 
Have a great weekend. 
 
Jack Crooks
Black Swan Capital LLC
www.blackswantrading.com 
 
Trade the corrections ... buy the dips ... position for the long-haul.
 
We do it all in our Currency Investor newsletter that’s geared toward newcomers and experienced investors who are looking for a conservative approach to the foreign exchange market. 
 
In plain language we deliver global macroeconomic analysis and actionable ideas geared toward exchange rate fluctuations.
 
Our analysis is comprehensible and our recommendations consist of ETFs, so don’t get turned off by buzz words like “exchange rates” or “foreign exchange” – this investing strategy is as easy to implement as buying and selling stocks.
 
Plus, at $39 per year it’s a deal you’d be hard-pressed to find anywhere else. Thorough global analysis plus complete investment guidance ... and all for only $39 per year? You can’t beat that with a stick. Click here to read more ...
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