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as investors shun the dollars, stocks and gold show gains

11/12/09 10:57

Just as long as it was not the US dollar, investors were looking into buying anything back in the month of October.

The value of the dollar had shown a seven month slide, but gained force as investors ended up migrating to other market places and were fretting about the repot that crude oil could possibly be priced in other currencies very soon.

Formerly known as the vehicle for global trade, this particular move would surely create significant and drastic side effects that would make the dollar's role be a hobbled one.

Link: The New York Times > Log In

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