NFTRH Update, Precious Metals & ‘Inflation Trade’ After Fed Roll Over
Here is what the US Fed did to the currency it is supposedly a steward of yesterday. The USD plunged below an important support level. If this breakdown holds below 80.50, it measures to the mid-70’s. Enter an ‘inflation trade’, in which we’d look to fan out from the precious metals and include other commodity and global stock items.
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September 19, 2013