5kDow

Enjoy These 'Dollar Days' - But Will They Last?

Money supply is expanding at a 17% clip. This short term correction in commodities reminds me of when gold peaked out in May of 06. We are in a multi-year bull market in commodities and we will likely see gold move higher back above $1,000 once we reach support. The fundamentals of our dollar are continuing to weaken and we'll see it reverse course once these shorts are done covering.