A recovery of the greenback has been inevitable for some time. Whether we're going to experience a full-blown reversal remains to be seen, however.
Recent Reports
Today we witnessed a virtual meltdown in the US equities markets with the Dow Jones industrial average currently trading off about 300 points plus on the day. At the same time we are witnessing the US dollar under pressure.
When the dollar grows this strong, it's almost impossible to resist. As the trading day winds down, the dollar has pulled gold down over $9.00.