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The smart money won't be moving into US dollars. Get over it....

  1. 24,765 Posts.
    The smart money won't be moving into US dollars. Get over it.

    That's the silly money - so for the life of me I don't know why you're calling it smart.

    The manipulated US job figures shows the US economy is useless. Official unemployment is 10.2%. Using the same measures as in the early 1980s unemployment would be over 20%. See shadowstats.com

    There is also NO way the Fed can possibly increase interest rates.

    So smart money will hardly move into a currency that is being devalued to zero through the printing presses and with an zero or near zero interest rate policy.

    Your header should have been "Is this the silly or lemming money moving early."

    By the way, financial media spinners and bankers call money moving into US dollars smart.

    I correctly call it silly or when there's an occasional rush for US dollars following pathetic US economic figures lemming money.
 
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