...umm...sydneyguy....you must be in a different trading universe than me but everyone is DEFINITELY not short USD...they are DECIDEDLY short the EURO against USD (and also against JPY)..
...this positioning has the consequence of causing weakness in GOLD all year because a large segment of trading community equates GOLD as being anti-USD and pro-Euro ...
...this positioning has also caused 'growth stocks' to be sold/shorted while 'defensive stocks' have been bought/LONGED...the metal stocks are all considered 'growth stocks' ...and the banks/high yield stocks are considered 'defensive'...
...the only thing promoted this entire year has been the eventual collapse of the Euro and the Eurozone as if this is a certainty this year ...
...the USD has thus been promoted as a 'safe haven' currency ...LOLOLOL
heading south, page-58
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