US Dollar lowest against Euro and 12 year low against yen ready for a new bull market
Akash Soni
Mar. 15, 2008

Something interesting is about to happen. The gold and oil will start collapsing like never before. Look for $50 a barrel oil and $750 an ounce in gold. Bull markets topple and another bull market start quietly when no one can even think of that happening.

Think about it, who can dare to say in the public that US Dollar is about to start a bull journey that will last for decades. Who can now say the Dow Jones Industrial Average will make a new all time high in the next eighteen months? Who can predict now that home prices will start moving up again at least temporarily?

US Dollar is ready for an upward explosion. The reason is simple. US is the biggest consumer engine that acts as the economic locomotive for the rest of the world. US is in deep depression. But that is well discounted in US Dollar valuation. Now Yen, Euro and other currencies will have to adjust to a slower world economic growth.

Oil for example has $40 in just fear and speculative premium. The reality is that demand for oil is collapsing as world economies experience deep recessions.

US Dollar lowest against Euro and 12 year low against yen ready for a new bull market
Akash Soni
Think about it, who can dare to say in the public that US Dollar is about to start a bull journey that will last for decades. Who can now say the Dow Jones Industrial Average will make a new all time high in the next eighteen months?
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