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The Magical Currency Tour
Contrarian Profits (June 4th, 2009) Writes:
Yesterday was an absolute “10” on the crazy meter, and yet “We the People” just continue to sit and take whatever the government and media tell us is “best for us in these uncommon times.” I’ve got some interesting words on this later in the letter… It’s time for me to get on my soapbox once again, so… At least I’ve prepared you! But first… Some currency news!
Well… Yesterday, I left you with the thought that the currencies were selling off, after the Asian central banks all made statements regarding their support of the dollar as the world’s reserve currency… Here are some further thoughts on that.
Roll up to the mystery tour… The Magical Mystery Tour is waiting to take you away…
Yes… It’s U.S. Treasury Secretary Geithner’s Magical Mystery Tour (which should be re-named the Magical Currency Tour)! OK… Remember yesterday I told you the Asian countries of S. Korea,
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