Malaz, Jim Sinclair has explained clearly why that is happening. He introduced his explanation with:
"Dear Friends,
Let us assume I was part of the present Fed team as head currency trader. My bosses, Chairman Bernanke and the Secretary of the US Treasury, wanted everyone in currency trading to take their eyes off interest rates and focus fully on comparative economic performance.
The Fed is injecting enormous amounts of monetary stimulation while Paulson, as a functionary of the Administration, may be considered the source of fiscal stimulation.
The strategy is to goose the economy in a vain and based off hope plan to save what is left of the housing market."
For the full explanation go to http://www.jsmineset.com/home.asp
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