shakeout coming, page-17

  1. 1,252 Posts.
    I dont agree with you there morgan, well, not quite.
    The USD is still the worlds reserve currency. A lot of big, big players are gunning for its continued strength. Meanwhile, the owner of that currency is carrying on like its still 1945, strutting around all cock-a-hoop as if they've just won WWII again, and continue to abuse the monetary privilege the shattered post-WWII world gave them.

    The USD is heading to the graveyard IMO, but not for a long time yet. Before we get there there will be rebounds, sometimes really big ones. Elliot-wave posters such as Phillw have highlighted the action in current markets. Theres a chance for some deflation-like behaviour in the markets again soon. In all likelihood this will mean a panic move back into the USD for a while.
 
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