Here in the America, your sins against the mighty Greenback have been recorded.
Each and every one.
Your debt has been checked. Your commodity hording ways have been looked on with animosity. Your coked out margin shall be used to break your fingers and repossess everything you think you own.
We loath everything you stand for.
In just short order the U.S. dollar will do what it hasn’t successfully done in years. It will rally.
At that precise moment, how many of you can say you expected it? How many of you will have your bodies dashed against the side of the cliff; your limbs broken and lifeless?
The stronger dollar will invigorate America. It will make us richer and fill our bellies easier. It will give us unparalleled access to the world. The day will come when we tread to Europe and buy up their ancestral homes, then burn the change in front of their faces, just as we did long ago.
A stronger dollar will give Bernanke an ample demand base to print to. It will give him room to breathe since a stronger dollar will take the wind out of the oil market’s sail. It will calm food prices and help some of the third world to get its populace back under control.
For our willingness to hold onto the currency of our country in her time of need, we shall be rewarded with lower prices. Those of you who dare to besmirch Lady Liberty will be flung into indentured servitude, irony permitting.
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And where forth comes this benificence?
________
From my magnanimity, naturally.
But mostly from overseas patrons terrified to death of the euro.
I concur. Now will PMs remain exempt from said dollar. This is the paradox I continue to debate.
Solid post, thanks Cain.
Probably, yes. There’s ample demand for both funding and safe haven’s from devaluation right now. It’s tough to pick one bet or the other, so picking both is a viable option for investors to diversify and take currency related risk off the table.
wtf, is something wrong with my CDS data?
Greece spreads going berserk @ 4721 (47%)
Portugal @ 1140 (11%)
Where are you getting it from?
CMA
http://www.cmavision.com/market-data
you need an account to access the info
they show a 20% rise in Greek CDS’s today alone.
it looks legit due to the continued debt talk halt and a weak GDP (-7.3% q2 y/y)
please comment on my latest kopg
much appreciated 😀
and China’s arent much better