Buy Dollars, Wear Diamonds----A while ago we wrote that the USD is beginning a new major cyclical uptrend of the sort that lasts few a few years. We still think the same but add to the reasons we outlined in these aforementioned articles two further facts. First, that a key lesson of the ongoing financial crisis so far is that central banks get what they want on their currencies.
Margaret Thatcher (1925 – 8 April 2013) Thatcher was the first — and still only — female prime minister in Britain's history. She rescued Britain from ruin & laid the groundwork for an extraordinary economic renaissance, during her 11 year term. Known as the "Iron Lady", a nickname that became associated with her uncompromising politics & leadership style, she simply would not allow Britain to be pushed around, particularly by military dictators.
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