The dollar is finding strength once again presenting a thorn in the side of all things equities and hard assets.
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The Pound Sterling Hits an Eleven Week Low
July 8, 2013
The Aussie Dollar Hits a Three Year Low
July 8, 2013
Bow down to KING $$$$.
Indeud. Issuing debt is a currency other than one’s own is a bitch. Apparently, the Eurotards are just that. I found this quite funny (via Krugman from a while back):
http://www.economonitor.com/nouriel/2006/01/28/italys-tremontis-temper-tantrums-on-emu-in-davosa-sad-embarrassing-episode-for-italy/
http://www.nytimes.com/2011/11/25/science/earth/nine-spotted-ladybug-new-york-state-insect-is-back.html?_r=1&smid=tw-nytimes&seid=auto
9 spotted lady bug back in NY State … last time it was here, it kicked off the 1982 great bull market. .. BUY BUY BUY !
😉