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Risk Back On

May 25, 2011

The euro is en fuego right now, as China comes to portugals rescue and sending the Euro way up. This is obviously sending the dollar down, and stocks, gold, silver and oil higher.

China’s play is interesting because they are not happy with the US for several reasons, the largest being Pakistan. They can take our crap US dollar, and chuck it into another crap asset – so for them its a break even. But they also send the dollar down, treasuries down, and all the commodities that they own up.

Forget the wars, tornados, TSA, debts, birth certificates or MENA…its stock buying time.

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