Tuesday, February 21, 2012

EUR/USD - Remains Steadfast by the Institutions

Just track an up vs. down day for US equities.

Nothing has changed. EUR up, USD down, market and oil up, dah dah dah same old same old.

But Europe is not a problem anymore, right? Wrong.

Europe will be a big institutional problem again as soon as you invest your money with the insti's.

The complete idiot Greek default and ECB scheme to inflate the EUR will not help the EUR/USD right?

Why is gold/USD up today? Exactly the same reason.

Good luck if you trust your "broker!"