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Dollar Doubters Beware...
Dollar Doubters Beware...
by Gerardo Del Real
For months I’ve explained that eventually all central banks will lose the faith of investors.
I’ve explained that large amounts of capital rushing out of bonds will search for yield and that small amounts of that capital will be the catalysts for sustainable new highs in the price of gold and silver.
This process will take years to play out but the process is in motion and it’s critical to understand that of the three major central banks, the U.S. will be the last to be forced into the structural reforms that all three central banks will have to undertake.
Before those reforms however, the same economists, analysts, newsletter writers, speculators, and investors who have been calling for the death of the dollar and the U.S. stock market for years are in for yet another beatdown courtesy of the dollar.
A beatdown which has begun. The dollar is up almost 4% in the past two months and hit a seven-month high on Wednesday.
A recent Bloomberg article outlined how firms such as Alcoa Inc. cite a stronger dollar more often than any other impediment to profit growth, according to an analysis by Pavilion Global Markets Ltd.
To continue reading please click link http://www.outsiderclub.com/dollar-doubters-beware/2104