$ is Obama’s last priority
Dear Investor I wrote on 7th Decemebr uncanilly predicting short term upturn in dollar cycle ( Link: http://investmentacademy.wordpress.com/2009/12/07/alert-imminent-decline-in-market-with-rally-in-dollar/). Arguments were simple. Dollar carry trade has reached to very high level of $560 bn in very short less than a year. Technically Dollar was in oversold territory for a long period and recovery in US economy [...]