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Thursday, January 5, 2012

The Albatross of the Euro

The fall of the Euro is having world wide effect. It is not just limited to Europe or the US. In this article, it shows how Asia is being impacted. This is showing how interconnected we are to all the other countries, and showing that the economy is now going global. This article also shows more indication that investors are going to go in the commodities market as the Euro continues is precipitous decline against the US Dollar. Gold price may rise due to this crisis as European investors are seeking somewhere to store the wealth.

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