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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.89+0.3%Oct 31 5:00 PM EST

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To: GROUND ZERO™ who wrote (87998)11/17/2016 11:26:57 AM
From: Hawkmoon  Read Replies (4) of 218280
 
Yes.. That's what I'm taking away from it.. That there is a short-squeeze spending on the USD..

Deflation.. USD denominated Debt default (destruction of money)

Every loan denominated in dollars is actually a "short" position against the dollar..

Therefore, there is a tremendous demand for USD overseas..

I also think we're seeing increased demand for dollars from India where they just banned "high value" bank notes, purportedly to stifle criminal activity..

It's apparently creating a lot of chaos over there.. Hence Gold and USD are selling at a premium..

Not sure if that's responsible for the latest surge in the USD.. but could explain a lot..

zerohedge.com

Hawk
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