Global Capital Reserves: Dollar, Ruble Continue Devaluation Tumble

Monday, December 29, 2008

Dollar, Ruble Continue Devaluation Tumble

The Dollar overnight has shown new signs of vigor in its devaluation drive. The Russian central bank has also devalued the ruble for the eighth time this month.

Here is the FT story on the ruble.

S Benard at 4:32 AM

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About Me

S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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