Well, in light of yesterday's blurb on Bloomy about USD bullishness and a lot of dollar-bearish analysis popping up out there by contrarian wise guys, here is weekly Uncle Buck once again.Hey, I am positioned to benefit by a near term decline in the dollar, and of course to be hurt by a near term rise. But it is a rising dollar that will signal the coming of yet more positive fundamentals for my investment stance (long precious metals, mostly gold miners) which means opportunity amid the pain.
So what is it going to be? I am certainly not as bullish the dollar as I was when the herd was rolling whatever it was smoking in USD, but this chart still does not show a heck of a lot of bearish, does it?
