arigolden

arigolden

US Dollar long for the last year. Still believe this trade has juice and should continue: bullish short-term supported by a simple idea of investors flocking into safe haven currencies and further supported by more short-term weakness in Canada: 4 months of negative GDP, talks of a looming recession, lower crude with a wider than anticipated impact and a very hot...

arigolden

China's -32% drop seems to hint at the market letting out steam with a government that has shown us time and again over the last few weeks that it will do anything to keep the bull market running. Seems like all have bottomed out (or are close to a bottom) -HSCEI Index (down -21% in 1 month) -CSI 300 (down 30% in 1 month) -Shanghai Composite (down -32% in 1...

arigolden

Greece is not the real risk. The real risk is the EU losing further members and experiencing further defaults down the line which has fully exposed the theoretically sound idea of the Euro and the Eurozone experiment as being unsustainable from a pragmatic view. With investors rattled globally, they will pile into safe-haven currencies. CHFCAD looks attractive...