Weakening Dollar

The Real Value of the Dollar and Gold

Michael Pento | Posted 03.21.2012

Michael Pento

While it is true that the purchasing power of the dollar is a key metric to judge the direction of gold prices, the Dollar Index will only tell you what the dollar is doing against a basket of 6 other flawed fiat currencies.

Taps for the Dollar

Michael Pento | Posted 05.25.2011

Michael Pento

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.

Financial Health: No Cures Please, We'd Rather Be Sick?

Jodie Allen | Posted 05.25.2011

Jodie Allen

No doubt, the medicine needed to cure a chronically ailing economy can be mighty bad tasting. But hanging tough can often yield fast and substantial results.

Ten Dollar-Friendly Destinations

MSNBC | Posted 05.25.2011

No, that's not a mirage. The economy is faltering, the dollar is getting clobbered by the euro, and traveling to the far reaches of luxury is costlier...

Oil Pushes Past $101 on Fed View

AP | JOHN WILEN | Posted 05.25.2011

NEW YORK — Oil futures rallied again Wednesday, pushing briefly past $101 a barrel after the Federal Reserve lowered its forecast for economic g...

Protect Yourself From The Dollar Drop

Money | Walter Updegrave | Posted 05.25.2011

Question: I know I can protect my portfolio against inflation by investing in TIPs and against market volatility by diversifying my investments. But h...

Oil Prices Rise For Third Day As Dollar Sinks To New Low Against Euro

Bloomberg | Grant Smith | Posted 05.25.2011

Crude oil rose for a third day after the dollar touched a record low against the euro, increasing demand for commodities. The dollar's 11 percent sli...

Ahmadinejad Calls Dollar A "Worthless Piece Of Paper"

AP | SEBASTIAN ABBOT | Posted 05.25.2011

Iranian President Mahmoud Ahmadinejad said Sunday that OPEC's members have expressed interest in converting their cash reserves into a currency other ...

Crude Oil Hits $99 A Barrel

AP | Pablo Gorondi | Posted 05.25.2011

Crude oil prices rose above a record $99 per barrel Wednesday as worries about inadequate winter supplies in the Northern Hemisphere and news of refin...

Dow Plunges Over 300 Points On Weak Dollar

AP | Tim Paradis | Posted 05.25.2011

Wall Street plunged and Treasurys jumped Wednesday after the dollar sank further and credit concerns continued to weigh on investors. The Dow Jones in...

Dollar Hits Record Low Against Euro

Voxant | Posted 05.25.2011

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The Upshot Of The Dollar's Fall

BusinessWeek | Ben Steverman | Posted 05.25.2011

But in the complex world of currency markets, things are not always as they appear. While a dollar in the dumps might look like a stain on U.S. pride ...

US And Canadian Dollars Equal In Value For First Time Since 1976

ABC News | CHARLES HERMAN | Posted 05.25.2011

The Canadian dollar has reached parity with the U.S. dollar for the first time since 1976. They are now equal in value. The euro also soared to its hi...

Euro Breaks $1.40 Barrier

AP | Posted 05.25.2011

The euro soared to its highest level ever against the U.S. dollar on Thursday, trading above $1.40 for the first time since the currency was introduce...