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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Qualified Opinion who wrote (65222)	10/14/2014 10:05:36 PM
From: GROUND ZERO™	1 Recommendation Recommended By Hawkmoon Read Replies (1) \| Respond to of 221471

In normal times I would agree with you 100%, but these are not normal times... you have to look at the macro picture, all of Europe is going into a recession, especially Germany, even China slowed their growth from 11% down to just under 6%, the whole world wants their currencies to become weaker, and the only way they can do that is to buy dollars... so, I expect to see the dollar move from its current level of 1.260 basis the Euro down to 1.1200 basis the Euro by late 2015... gold is also going to suffer the consequences of a stronger dollar as will all dollar priced commodities... the dollar is now finding it's equilibrium after 6 years of FED downside manipulation... think of a balloon that was held under water, you let go of it and it will rise rapidly to the surface... this is what the dollar is doing, it was in an inverted bubble... GZ