BEN BERNANKE'S STRONG DOLLAR:

Demand for U.S. Cash Surges (Michael S. Derby, 12/08/10, WSJ)

The drubbing delivered to the dollar on foreign exchange markets over recent months obscures the fact that global demand for U.S. currency, in its elemental form of cash, has been growing at a strong rate.

According to data from Wrightson ICAP, the most recent four-week moving average for currency in circulation grew at a robust 10.3% annualized pace.

There's only one safe harbor.

Posted by Orrin Judd at December 9, 2010 6:01 AM