The dollar has dropped under key support levels.

Japanese Yen, the currency of choice for the carry trade for decades has been supplanted with a new favorite: the USD.

Dollar Dead-pool means gold will continue to rise

Actions speaks louder than words, and it is clear by action that few people understand the ramifications of whats happening

Interestingly, the few who do for the most part are already wealthy – I dont think this is a coincidence – they do the opposite of the masses – are you doing the opposite of the masses, or are you following the great herd of sheep to the slaughter?

Carry Trade New Favorite: USD

This entry was posted on Wednesday, October 14th, 2009 at 8:03 am and is filed under Archived. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.