Lo and behold, it's another free-fall in the dollar in the wake of the "Geithner
Goes To China to Beg for Creditor Mercy" trip. DXY
now down 81 bps to 78.34, the low of they day. Gold up $6 and change. Crude oil back to positive after trading down most of the day. And the beat goes on. The president of Russia, Dmitry Medvedev
, is openly talking
about a multi-national currency that would reduce dollar risk. Everything from the Brazilian real to the British pound is gaining ground against the buck.