Gold also actually increased in value when valued against the vast majority of world currencies but the US dollar was the only currency that it could not conquer.
What is behind this surge in value for the dollar?
Check out the infographic below to decide for yourself.
In August, Mohnish Pabrai took part in Brown University's Value Investing Speaker Series, answering a series of questions from students. Q3 2021 hedge fund letters, conferences and more One of the topics he covered was the issue of finding cheap equities, a process the value investor has plenty of experience with. Cheap Stocks In the Read More
Breaking Down the US Dollar’s Recent Bull Run
Infographic source: Gainesville Coins