Wednesday, October 14, 2009

Dollar is scraping bottom

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John M said...

Yes, and gold is due for a pullback. I presume that would hold for oil, too, since it's dollar-based.

Kishore said...

Carl, your bold prediction about the dollar index, $DXY, is very soothing.

The wealth and power of USA is tied to a strong dollar.

If the inverse correlation with the stock market continues to hold, the bulltards at Wall Street losing their shirt will be a small sacrifice for the nation as a whole.

vinaydh said...

Carl, BTW where's Andi with his no brainer short from yesterday?