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The world is LONG the dollar


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#1 nimblebear

nimblebear

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Posted 03 June 2013 - 09:16 PM

And every one of them is on the wrong side of that trade. As it will no doubt drop below 80, and then on toward 70, just like the ISM today caught everyone with their pants down, the dollar will do far worse than the same. Gold will soar, and stocks are going to drop like a rock in a lake. QE will have to keep pumping wildly out of control. And interest rates will do the opposite of what theyve been doing through all of QE up to now.
OTIS.