Futures on the dollar index decisively under 96;
95.725 down 0.596 (-0.62%) last
Euro up another .63% at 1.1418:
From ZeroHedge:
Gold Gains As Fed QE Commitment Crashes Dollar
In what seems to amount to implicit debt monetization, The Fed's commitment to buying $80 billion a month of Treasuries appears to have awakened some further anxiety over the future of fiat.
Gold is surging, the dollar is down...
...bonds are undecided and of course Nasdaq is flying...
At what point do these two series converge?........MORE
Recently:
June 4
The Dollar Continues Its Stately Decline
May 26
"King Dollar Be Could Double Topping..."
Also March 16's "What would be useful for the cause would be a plunge in the dollar", posted in the middle of the big spike (at 98.09) as folks scrambled for bucks:
