At this stage.. choices on the menu are:

1- long gold

2- long treasuries

3- short US equities

4- short commodities

Long gold/treasuries seem the obvious choices…  how will QE change this? US assets get back on the long side? I really thought they would melt-up.. was the melt-up the 3400 spx?

How does the US dollar fit into this? Wasn’t the rational a lower dollar would boost commodities? Time lag?

“Obi Wan QE… you are my only hope!” –Princess Nasdaq