USD : April Showers Bring May Flowers ?
mayday Mayday MAYDAY
There is a friendly little Debate here at Goldtent on the fate of the Dollar Near Term.
Some say it is Collapsing, some say it is Coiling for a Run.
Then there is the weirdness with the Dollar AND Gold dropping together .
Some say this is a temporary aberration, Some say it makes sense as the Euro Rising is now Bad for Gold as it represents stability.
Some say screw the Dollar Index …Gold is Married to The Japanese Yen.
Some say Screw all the Toilet paper Currencies…Gold will now rise against all these imposters !
Whayt Do you say ? Sell in May ?
Too much chaos to sell in this May . Seems like past years the crowd has been jumping out earlier than May to beat the line up. We wait for the French elections now.
Sell what. Stocks will see a retreat but will it take PM along?