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swmnfarmer2878522
Frequent Contributor

Dollar is still the bull

Since the ML broke we should head for the UML

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5 Replies
BA Deere
Honored Advisor

Re: Dollar is still the bull

Fearless Girl' Statue to Stay in Financial District (for Now) - The New  York Times

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erikjohnson61y
Esteemed Advisor

Re: Dollar is still the bull

Looks like lower highs and lower lows to me. Are other countries inflating their money supplies as fast as we are inflating ours?  

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BA Deere
Honored Advisor

Re: Dollar is still the bull

We have the blessing or curse that the dollar is the world`s reserve currency.  We recently printed $1.9 trillion and sent everyone a $1400 check with a small portion of it, we included foreign aid to pay the security guards in the rest of the world to turn their heads away.   If no one hears the tree fall in the woods, did it really fall?   How much of the forest is left?

sdholloway56
Esteemed Advisor

Re: Dollar is still the bull

Looks like the extreme short position in the dollar is only partly liquidated.

I’m not real enthusiastic beyond that, for now.

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