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Email this article: Don't catch recovery fever, says Peter Schiff
Posted: Thu April 5, 2012 4:57 pm
INTERNATIONAL. The first few days of April have seen a sharp dollar rally and decline in gold. This is rooted in deflated expectations of a third round of Quantitative Easing. Once again, the markets are responding to the headlines while losing sight of the fundamentals.
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UAE. AQR Asset Management Institute hosts inaugural debate on monetary policy impact on global markets; 64% of delegates felt that Quantitative Easing is highly likely to create an asset price bubble - where prices become disconnected from reality.
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