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September 22, 2011

Nibbling Again

The dollar broke sharply higher today and knocked the socks off most other asset classes. Stocks flirted with the August lows. Oil was drubbed for nearly $6. Gold and silver were hammered, with the latter off more than 10% at one point. Even copper got hit for a whopping 5% decline. And while many market pundits are quick to label these move as ...

 

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