With all the joy concerning the dollar: supposedly because Bernanke is-- "going to raise rates"....the FED had better not disappoint!
In effect, the dollar is telling one story. The bond market is telling another... And stocks, as usual, are putting their own spin on things with constant talk of: "The Pause."
Meanwhile the FED and it's market shills are selling down commodities like there is no tomorrow.
But will higher rates "do the trick" for the dollar? After all merely raising rates does nothing for the twin deficits...and the unfunded, unpopular and unwinnable Neocon Wars. Isn't that in the mix somewhere?
And the mop up of Greenspans liquidity mess...will not be good for the economy or the markets.
So this notion that "it's all over" and IT'S TIME TO SELL YOUR GOLD ....could be a little bit of wishful thinking...
But it's wishfull thinking that the FED is backing and maybe even encouraging in the markets these days...
