thanks jon nadler ..., page-14

Thanks Jon Nadler for alerting us to the coming US dollar bull market. I certainly appreciate the quality of what you write. If "investors" are bullish about the US dollar I guess that means I should be too. I suppose so many US dollars have been printed because everyone wants US dollars and there just weren't enough to go around. Now I understand.

Anyway, I enjoyed reading the following.

"Take the dollar, (many would say, Take the dollar, please! for example. Beaten to a pulp in 2008 and 2009 by investors. In the dog house, or, better yet, the funeral home, as far as every single hard-money newsletter vendor was/is concerned, were it not for a small little detail, as brought to us and to you by Bloomberg this morning:

Investors are the most bullish on the dollar since the collapse of Lehman Brothers Holdings Inc. on speculation the U.S. economy will expand at a faster pace than in Europe and Japan, a survey of Bloomberg users showed. The worlds reserve currency will rise over the next six months, according to respondents in the Bloomberg Professional Global Confidence Index. Sentiment toward the U.S. economy rose among the 1,612 participants in the survey, even as the outlook for global growth fell for a second consecutive month.

While this may sound like heresy at a time when we were assured that there would no longer be a dollar around (certainly not as a reserve currency anymore and certainly thrown out with the trash by China by now) there are actual reasons why the 1,612 queried professionals are of the opinion that they tendered. Come on now, they cant all be on Tim Geithners secret payroll"

At http://www.kitco.com/ind/nadler/mar102010.html