700 billion reasons to buy ....

Gold?

Well not according to what is happening today. It seems that printing another 700 billion US dollars is bullish for the US dollar which is strongly rising.

Maybe if this was initially announced as a 1000 billion dollars bailout the US dollar would be rising even stronger and even stronger still if this was a 2000 billion dollars bailout package?

You see, today's twisted logic is that the more US dollars are printed the higher the demand must be for US dollars and so it follows that the US dollar should rise in price.