Brett Cole

Three Asset Classes that Can Actually Outpace Coming Inflationary Price Increases

While I have agreed with all your posts and made money on the reflation plays over the past year myself, doesn't the short dollar trade at least in the short run seem to be ultra crowded. I believe there was only 5% bulls on the dollar and 95% bulls on precious metals and commodities in Sept. (Reminder: There were less than 10% bulls on the stock market in Feb./March and looked what happened)...

In my opinion, even with high unemployment and problems with leveraged loans and CRE, Bernanke and co. will have to start defending the dollar, or else your base case unfortunately will come absolutely true.

Just throwing out the devils advocate position. (Either way its not a good situation at all. People are in for more suspense to say the least).