He pointed out that the exchange rate remained near its long-term average, and made a statement of the obvious: that the level of the euro could affect both euro-zone inflation and growth.

WSJ: Euro's Recovery Not Without Pain for Some

In the 433 months since trading freely following 1973's demise of the Bretton Woods exchange-rate system, gold has had a 7.1% average annual return, achieved solely from six relatively brief spikes.

FORBES: Magazine Article

For example, the Goldman Sachs monetary-conditions index (based on a weighted average of short-and long-term interest rates and the trade-weighted exchange rate) suggests that America's monetary policy is currently at its tightest since 1989, largely reflecting the strong dollar.

ECONOMIST: The stockmarket economy