Strong Dollar The Theme Of The Day

In case you’re living in a dive bar, I thought I’d point out that today is all about the dollar not sucking as bad as everywhere else.

Silver is getting dismantled, and foreign companies are being carved open. Bond yields continue to compress. And I hope you didn’t take Cramer seriously when he told you to start buying up companies like McDonald’s – because that’s basically the archtype of “things that are about to get their faces smashed in.”

There is, however, hope.

Well, hope for me…

AEC and CLP are holding up pretty well. That won’t last, if we should go full on liquidation. But for now, at least, they are toying with my emotions, making me think “hey maybe I’ll avoid this shit bomb.”

Probably not.

Remember folks, cash. Just look at the DXY. Let that be your guide. Until we get absurd dollar strength and some serious blood flows from the commodity guys, there isn’t going to be any chance that Ben makes it rain.

In the meantime, I’ll just be hanging out here, counting my dollars, thinking about what I will buy for the 50% off “Going out of Business” sale.