Dollar Long Squeeze
With much of the US financial sector outperforming much of the world and a massive net long speculation on the dollar, if the dollar continues to weaken it could cause a massive dollar long squeeze that could rocket the dollar much much higher. World capital is still flowing into the US and initial weakening of the dollar was due to optimism of a recovery due to global stimulus. It is now very apparent that a recovery is very unlikely before a massive debt deleveraging.
Bitcoin, gold, SPX are likely to fall as a result.
Bitcoin, gold, SPX are likely to fall as a result.
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