Dollar Falls on Global Recovery; Copper Climbs to 13-Month H

Dollar Falls on Global Recovery; Copper Climbs to 13-Month High → bloomberg.com/apps/news?pid= … 6nyXsCmxho

Stagflation it is folks, like the yen from the mid nineties to about 2007, the dollar is backed by ZIRP (zero interest rate program) and is falling like a stone which means, the carry trade is now in dollars as commodities traders exchange dollars for yen or euros. Both Japan and the Eurozone are on the back foot from this shift which means we can’t export easily to the US. The Asian countries benefit as they use US carry trade dollars to buy up all commodity systems. The bailed out bankers are also in on the act and bid up the price of commodities so that we now have the worst of all possible worlds: stagflation.

Approaching the First Trillion in Global ETF Assets → seekingalpha.com/article/165628- … _lb_author

The New Carry Trade → elliottwave.com/freeupdates/ … Trade.aspx

The carry trade explained → ft.com/cms/s/0/f3aec6c2-b99e … ab49a.html

There’s one simple solution; a return to the gold standard. Transactions are done in gold rather than currencies. No wonder gold is so expensive.