So that’s gone “exactly” as suggested yesterday, as the U.S Dollar blast higher against the EUR , GBP and CHF. Gold gets completely wacked ( 24 dollars down as of this moment ) and U.S equities “almost” look like they are finally gonna run out of gas.
I am knee deep in profits across the board.
This move should have some legs ( as noted yesterday – the US Dollar should really take a ride here coming out of such a significant bottom ) and it “almost” looks like the old school correlation of USD up = U.S equities down / risk off and a flight to safety may be in play.
Can you believe that the largest contributing factor ( in my view ) is fallout of public sentiment on Obama and this absolute catastrophe called Obama Care?
I dug into it last night to get a better understanding of what exactly the implications are….and it could very well be Obama’s “final undoing” considering what Americans are now faced with respect to their health care planning.
I really can’t see any kind of short-term fix, as the website is one thing fine…..but the fact that thousands of Americans “current and existing health plans” are now being cancelled as per the new laws?? By law??
I thought the idea of drones flying in American skies was starting to look a little “dictatorial”, and now this??
I need to hear from Americans currently living IN AMERICA……I have to know….what do you guys think?
What can be done?
Seriously, I’d encourage anyone there in America to comment as it’s difficult for me to really get my head wrapped around this. How is this affecting you and your families?