China has moved to only buying short term treasuries. There is no demand for the longer term securities so the FED announced it will buy them starting this week (this means that the FED has been buying them for some time). The exit from the dollar is in it's early statges. The dollar may surge agian if there are large stock market sell offs but the deal is done. The dollar is a dead man walking.
Oil: From Bubble to Bust - And Back Again? [View article]
Cheap oil will be transitory. Peek oil is real. Oil producers are not going to give away the last half of the oil in the world. Stable oil prices through the inflation or deflation will be well above $25. Anyone who thinks there is enough cheap oil left in the world is just begging for a monkey slap.
The Dollar Is Dead [View article]
Oil: From Bubble to Bust - And Back Again? [View article]