The Dollar will show us the way. A bounce seems imminent which will kill all ASSETS runs from Silver,GOLD, OIL to Equities and Credit (BONDS).
The all encompassing question is not whether the Dollar will bounce but if the bounce will be of cyclical nature or in other words if the authorities can avoid this. The end of QE2 could be the catalyst for the event chain......let's see whether we have another sell in may and go away year in 2011....
On the other side, it the FED can uphold the downward momentum in the Dollar then we could see some price explosions to the upside (SILVER, GOLD, OIL !!)
When the DOllAR rises it will lead to corrections of different degrees in various asset classes.medium to high DEGREE
medium to high DEGREE
low to medium DEGREE
No comments:
Post a Comment