“U.S. Dollar Hits an 11 Month High”
Don’t get
me wrong, I am not a long term dollar bull, nor am I a long term gold
bear. The above little headline, however, of the present, short term
reality does get my attention. While the talking heads may disagree on
what a stronger dollar means for stocks, bonds, gold, etc, the picture
is so distorted by what the Fed has done and what it ultimately must do
(more pumping of the system), that anything could happen in terms of a
reaction from various asset classes. Please read more... http://www.certifiedassets. com/inv/news/fed-tuesday- another-knee-jerk-day-for-the- markets/
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