Ah well, back to fundamentals and maybe some brand-new bubbles. Nobody ever said this would be easy. Needless to say, the dollar short-term dollar shortage has been ameliorated.
Wow.
Long-term.
Doubt it.
But because the anti-bubble trends are threatened, while I still believe in the dollar-led deflation scenario, obviously it's a wait-and-see thing. Dollar index has been hit, through the 50-day MA, but still above the 100-day and nowhere near even July levels.
So maybe everything is still in place - except gold - but it's a shame. The trends were so nice and neat.
May you live in interesting times
No comments:
Post a Comment