Tuesday, July 26, 2011

Tuesday Longs and Thoughts on Default

All this talk of credit ratings and whether a defaullt COULD  occur is just amazing to me.

The US is continously defaulting on it's loans by printing money.    The USD index went from 95 to 73, in other words just a year ago, the USD was 30% stronger than today.  

That means the US has defaulted on 30% of it's debt, specifically harming those who work hard and save and invest.

Here are some long trades and rational basis shown in chart form:

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Insightful and Useful Comment!