Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Monday, June 1, 2009

they Hyperinflation trade

I wanted to point out today that the overnight low on the dollar euro was 1.4245...

but then backed off to 1.4150
gold is lower
silver is lower
Copper was lower, and yet moved back.

Teresa points out that commodities are in an interesting stage of the sentiment cycle

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