[politicket]

The dollar is only going up since it is the reference currency for the rest of the world - and it is the denomination with which multi-nation trades get settled.

Many countries are now in the process of deleveraging their bad debt obligations. They need U.S. dollars to do this. There aren't enough dollars - so the price of the dollar is going up.

The buying strength of the dollar still stinks. It just smells a little sweeter than the septic tank called the euro. The Japanese yen puts them both to shame - but that's bad news for the Japanese since it makes their exports much more expensive.

The U.S. dollar will be going up for the next little while - and then it will come crashing down very, very hard. This will be when countries stop buying our debt - and it's only months away.

[microgood]

So does this mean that when the money moves out of treasuries it is going back into equities or is something else in the works?

[pissant]

Oil is WAYYYYY down. Gotta love it. Drill now and drive it down to $30 barrel where it belongs.

[Freedom_Is_Not_Free]

The U.S. dollar will be going up for the next little while - and then it will come crashing down very, very hard. This will be when countries stop buying our debt - and it's only months away.

Added to my radar.