June 2, 2012

Why Are Investors Buying The US Dollar?

People are so worried about European debt that they’re buying the dollar. People are buying the dollar not because the U.S. is sound but because the euro zone is in worse shape. - in CBS Market Watch

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

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.