Sunday, September 11, 2011

The US Dollar Extends its Middle Finger




 As strange as it may seem to gold bulls and the anti-dollar brigade, there is the possibility we just got one big, "SCREW YOU!" from the US Dollar.




 It's too early to tell, really, as this isn't the first time the dollar has confronted us with an ostentatious display of force over the past thirty months. Still, it may be a good time for bulls to fall back, regroup, and dig some trenches.

 Volatility bombs will surely fly in the coming months.

 Those fortunate enough to have sat out during the "trading wars" from three years ago are going to get a lesson in patience and perseverance.  


Always perform your own due diligence. These are only my opinions.