So you’re saying watch the obamaites (didn’t GE recently pick up some oil production?) to see if they throw in the towel and finally go into oil (because of their basic greed) to know the outcome of the dollar? XL Pipeline, etc?
So you’re saying watch the obamaites
...........
no the obamaites don’t have jack to do with it. (of course when things go well —they’ll take credit for it.)
Just watch the value of the dollar.
Everyone has been screaming rightly about fiat money since 2008 while the dollar has been tracking generally sideways.
Sometime in the next year however, we should get a breakout either to the upside or to the downside.
(I think the breakout will be to the upside and the upside break will be because of oil.)
but we don’t know. All we know is that the dollar has been basing for 5 years. whether that base is just a stepping stone to the next leg down or a secular bottom for the dollar remains to be seen.
but we should know in the next year or so.
So you’re saying watch the obamaites
...........
no the obamaites don’t have jack to do with it. (of course when things go well —they’ll take credit for it.)
Just watch the value of the dollar.
Everyone has been screaming rightly about fiat money since 2008 while the dollar has been tracking generally sideways.
Sometime in the next year however, we should get a breakout either to the upside or to the downside.
(I think the breakout will be to the upside and the upside break will be because of oil.)
but we don’t know. All we know is that the dollar has been basing for 5 years. whether that base is just a stepping stone to the next leg down or a secular bottom for the dollar remains to be seen.
but we should know in the next year or so.