It now appears that the United States has finally succeeded in its efforts to destroy confidence in the U.S. dollar. Certainly this was no easy task.
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Recession ending? Don't bet on it.
In a G2 world (the US and China), he who is the piper calls the tune and China holds a US$2-trillion mortgage on the U.S. and is not happy.
China's latest export is inflation. After falling for years, prices of Chinese goods sold in the United States have risen for the last eight months.
Question: I know I can protect my portfolio against inflation by investing in TIPs and against market volatility by diversifying my investments. But h...
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