And yeah, I am a gold bug. I am a gold bug who’s been long the US dollar by the proxy of a leveraged Euro
Category: Currencies
Euro Rollover Continues
I exercised a lot of patience with my largest position, EUO, a leveraged bet that EUR/USD would roll over for a counter-trend pullback. Today’s crack
Was, Not Was… Wrong on the Euro
Well, a little patience goes a long way. I declared my wrongness for all to see because I like to do that. It reassures me
Wrong so Far on the Euro
Here once again is one of those pleasurable moments where I advertise to you in big bright blinking lights that I was wrong about something.
Uncle Buck is Pissed
Tramped out by Trump/Kudlow/Manooch and of course the worst long-term offenders, the Federal Reserve, Uncle Buck has a right to be irritable if not outright
Historic Commercial Net Short Euro Positioning
Per Sentimentrader, here’s the epic CoT alignment in Euros showing Commercial Hedgers burrowing southward in their net short positions. I patiently remain short the Euro
USD Bounce Prospects
The US dollar is still postured to potentially bounce in line with its massively over bearish sentiment profile led by some usual suspects on Twitter
Uncle Buck Waking Up?
It’s been a long dirt nap for ole’ Uncle Buck. Down, down and down some more as the reflationary world has partied on with Wayne
US Dollar: Hold the Bananas!
Hold up. Nothing goes straight down forever. America, under the guidance of Donald Trump is actively seeking out its bananahood, but the technical and sentiment
America is Great Again
Just don’t look behind the curtain at the little man pulling monetary levers who just happens to be conspiring meeting again this week with his
USD Ticks a New Low
So much for “great again” America. If Trump manages to somehow get reelected and he opens his pie hole about the economy you will know
Uncle Buck’s Death Cross
Note: Posting will be light over the next couple of days as I hit the road. Here is the US dollar index as of a
The Foil to the Chicanery Twitches
Uncle Buck twitches and the reflation trades flop. Let’s go Trump, time to start brow beating the inflator-in-Chief at the Fed again. Take to your
Uncle Buck Testing Support Again
The US Dollar index bounced and flopped below resistance and is now testing not so compelling support again. The March low was a negative place