DislikedThere is no way that I will be even attempting any longs into this trend, its way too risky with these carry trades and whom I suspect is behind this dollar rally.Ignored
below 300$/oz. Everything has been change since then.. US Dollar
will slowly loose its status as everybody got tired that US cutting down
DEBT at the world expense.. Dollar heading much lower, not higher..
Don't even compare 1970 to today $USD status.. Nowadays Mexican
Peso doing better than a Dollar and so called "Carry Trade" has nothing to do with that..
Congress spending money like there is no tomorrow.. This Debt will never paid back, - EVER!
Partially because US GDP numbers are fake, bubbled up by mountains of DEBT, if you take this into
consideration then US have much higher DEBT to GDP ratio, which probably close to Japan numbers
and growing in Geometry progression like a snowball.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)