US Trade Deficit Hits $52.6 Billion in January


News Flash:

The U.S. Trade deficit widened to $52.6 Billion dollars, the biggest gap since October 2008.  While the trade deficit with the 27 nations that make up the EU dropped 11.7 percent ($8.5 billion), it increased, by 12.5 percent to $26 billion dollars.   As more and more U.S. dollars are exported, causing worldwide inflation, and violence, how long before other nations stampede out of the dollar?   When this happens, dollar denominated assets, like bonds, cash, and derivatives, are the last thing you will want in your portfolio.  In short, keep stacking!

More at http://news.yahoo.com/us-trade-deficit-hits-52-6-billion-january-133525871.html


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