arlin

How Investors Can Trade the Dollar

I think the dollar is going to put in a higher low and then move higher to .95.....over the next two years.........with almost everybody bearish on the dollar,and all the news of "other global currencies" trying to come to fruition,I feel this move in the dollar would cause the most pain.also the Chinese are long term players,and In my opinion a stronger dollar would be what they are supporting,while they can divest some of the trillions of their own currency/labor manipulation.(in fact they're buying into hedge funds now,so they can gain some control of all the manipulation)The Euro is also at some strong resistance....(and remember they are in terrible shape as well).I also remember that during the market sell-off when banks and brokers were going under the dollar went higher(less debt/margin)
I think that gold is going to go lower first,and then move higher with the dollar.The huge inverse head and shoulder on gold targets 1300 area.
Ultimately the dollar tanks,but not for a while.