Whatever happened to King Dollar? I guess he was dethroned and summarily decapitated because the euro is now the dominant currency in the world.
A weak dollar is fantastic for exporters, but also for commodityfags. You can see the virility in the gold an oil markets, as a result of the dollar weakness. Whether this paradigm can hold is anyone’s guess. Best case scenario, the fucking dollar implodes Zimbabwe style and we call get rich holding our gold bricks, and shit.
Aside from commodity related stocks, the market is weak today. Hey, chin up there Jimmy. It’s Friday and time to inebriate yourself to the point of blacking out (extra vomit).
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This scenario is worth waiting around for: “Best case scenario, the fucking dollar implodes Zimbabwe style and we call get rich holding our gold bricks, and shit.”
Long gold, energy and FXE – you have your strategy until Trump resigns or is kicked to the curb.
Wasn’t the dollar too strong? How do you grow American jobs and manufacturing if they stuff we make is too fucking expensive compared to every other manufacturer around the world?