USD Trades Heavier and Look for North America to Follow Suit

Tomorrow is the 55th anniversary of the end of Bretton Woods. R.I.P. It was an economic agreement, pegging the dollar to gold and the other currencies to the dollar, and establishing the World Bank, and the International Monetary Fund. Ultimately, however, it was political in nature. It was an exercise in the Golden Rule. He with the gold makes the rules. The US, the world’s only meaningful…