THE SHORT DOLLAR, LONG GOLD AND OIL TRADE IS BAAAACK...!
THE SUMMER ROMANCE OF SPECULATORS WITH GOLD AND OIL COULD FLARE UP AT ANY TIME... PERHAPS AS EARLY AS THIS AFTERNOON'S FED "RATE CUT."
ESPECIALLY NOW WITH SO MUCH MONEY ON THE SIDE LINES LOOKING FOR THE NEXT PLACE TO JUMP...
THE OIL SELL OFF WAS HISTORIC, OVER DONE...AND MACROECONOMICALLY JUST DUMB...
BUT IT REFLECTED THE ODD "CASH PANIC" ANOMALY THAT HAPPEN IN SEPTEMBER...
BUT NOW THE WORLD IS AWASH IN CASH...BOTH OLD...AND NEWLY PRINTED BY THE FED...!
SO THE RECENT RUSH TO DOLLARS AND OUT OF OIL AND GOLD COULD ... AND LIKELY WILL REVERSE QUICKLY...
BASED STRICTLY ON MACROECONOMIC REALITY.
REMEMBER...REALITY=GOOD. ANOMALY=BAD.
