Euro & the Carry Trade

QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct? ANSWER: Yes. This illustrates just how big the short euro position … Continue reading →

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QUESTION: Marty, Socrates seems to be pointing to a C$ bounce. Does this imply that Carney will lose, or does it mean the bounce will be brief on his nonsense [...]
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California recently surpassed Japan to become the World’s fourth-largest economy behind the United States, China, and Germany. The International Monetary Fund believes California’s nominal GDP is $4.1 trillion, surpassing Japan’s [...]
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