Tuesday, October 31, 2006

dollar?


That, friends is Dollar Bill. Related to "DB" its interesting note from minyanville about the dollar white ties back to a post i had a few days ago about foreign inflows. The dollar has been gettin killed in both long and short terms...especially in last few days. Cheap dollar makes buying our securities and bonds more affortable. The two must be correlated to an extent...you would think that we draw in foreign inflows is exponenitally correlated to the dollars decline.

as a seperate note i bought some GSS today and am looking to buy GLD in next few days if it holds up.

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