I think gold started declining after the dollar/yen's collapse overnight. |
In nature, there's nothing really new about it. It's something short-term traders might latch on to but I don't expect it to have any real impact. |
It's no secret that Florida's West Coast is booming and likewise, the yachting business is moving at full throttle. The purchase of Florida Yacht Sales enables us to further our position as one of the country's leading yacht brokers. Ocean Yachts, Riviera and Albemarle compliment our impressive fleet of yachts. |
People are reassessing how aggressive the Fed is going to be. |
They are definitely pricing in 5 percent (federal funds rate) by June and 5.25 percent as a possibility by the end of the summer. All this is going to play into the hands of a stronger dollar. |