FTAlphaville: Busting currency pegs, Saudi Arabia edition
Unlike China, Saudi FX reserves are twice the size of the money supply. Devaluation is unlikely unless this is The Big One, but this does show the pressure in the global financial system and the demand for U.S. dollars.
Metal Pairs
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FEEDGold has been having a great run, but is it getting too expensive? How
about compared to stocks? Let’s look at some ratio charts to hopefully get
some ...
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