Loading ...CURRENCIES
AT SOME POINT GOLD WILL HAVE TO FINALLY SHAKE OFF THE RIDICULOUS “PEG” TO THE STUPID DOLLAR INDEX WHICH IS JUST A MEASURE OF ONE BRAND OF ASS WIPE WITH ANOTHER BRAND
LOOKS LIKE THE DOLLAR IS IN RALLY MODE
TIME FOR GOLD TO SHIT OR GET OFF THE POT
This is why the FED delayed the rate cuts from when the market predicted they should happen (March),until probably June.(possibly May if the allow the true economic stats to leak out) They had to allow time for the other central banks to begin implementing their rate cuts. The Swiss just did and UK and ECU will be soon. The US couldn’t cut first or the dollar would have tanked. It still will, but this will delay it a bit and make the decline a little slower, at first. “Slowly at first and then all at once.”
Point well made. The currency charts just prove that the USD and EURO is all ONE big fiat currency with a long term correlation of nearly -1. Europeans can complain that the USD neuters their economic policies as reflected in their currency value) and some Americans claim the same (LONDON controls US Policy). IT’S ONE BIG F’N CLUB AND YOU AND I AREN’T IN IT! …. and this is just my opinion – will American’s let the EU/London take this country down the same path they’ve gone? What is happening with US ‘immigration’ has been happening for more than a decade in europe.