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February 14, 2011

The US Dollar & Mubarak: An Unwanted Relic Of The Past That Everyone Agrees Must Go

Based on his recent public comments, Fed Chairman Bernanke seems determined to give the U.S. dollar the reputation of Egypt’s Hosni Mubarak: an unwanted relic of the past that everyone agrees must go, but stubbornly clings to a privileged position. The dollar is currently the world’s ruling currency, but, as with Mubarak, I believe that growing public discontent will spur regime change quicker than most pundits expect. - in europac.net

Related: PowerShares DB US Dollar Index Bearish (NYSE:UDN), PowerShares DB US Dollar Index Bullish (NYSE:UUP)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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