#1 Mon, Sep 12, 2011 - 5:23am
USD Going Vertical?
The USDX has recently been going vertical in response to the euro (and CHF). If it continues today, it'll be bad for stocks, bad for europe, and possibly good for Ben Bernanke, who will have get the green light for his newest weapon against the economy: QE machine gun style.
For the moment, gold seems to be yawning since people still think the dollar is 'safety'. Of course, the bigger the bubble and the more QE, the more brutal the correction will be in a few weeks-ish.
Edited by: Aeonios on Nov 8, 2014 - 5:04am