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Is the USD selloff poised to reverse?
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Dxy 100+ coming soon
Look out below!
Oil markets are dictating the show. QE2 is highly deflationary, good luck finding anyone willing to burn oil for $90+
LOL @ Ben
good luck finding anyone willing to burn oil for $90+
Because they already have alternatives in place?
I must have missed "the great energy realignment" where Ford developed the IC engine that runs on seawater.
Maybe not in this country, but $90 oil may be looking pretty good in many areas of the world. Just sayin.....
And it'll take a crash in the values of their currencies relative to USD with which to purchase oil.
It's not that there is no other choice but to pay above $90. Businesses close the doors as the upper bounds which creep ever lower are met.
Watch and learn as prices slide below $60, 50, etc
Well Gold & Silver are down both profit taking and also suggesting a reverse in the dollar. I'm looking for a good dip in PM's so I can finish buying to my target.
Just be careful, the dip when it comes may be deeper than you think.
Something is rotten in Denmark ...
Or shallower.
Something IS rotten in Denmark.
They want to normalize inflation to just 2%? With the coming QE2.0 they will need to really whip the ass of the hedonist index to get to such a low number.
I bet they will put it down to 3D TVs appearing on the market. It's 3D, so getting a new set is like getting 3 old ones. Geddit? Geddit?
Except the old ones were 2D, so a 3D is 1.5 old ones. But it does keep the CPI down.
Sposed to hit a HEALTHY correction around mid Dec..............
With the NEW QE announcement, it just smells like DEAD fish.
I wanna but more PM's but I just feel like I'm paying too much here....until it goes up another $8 tomorrow?!
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