Longbob and MacLorry, it's evident you both are students of the game.
my take is the US$ is the prettiest of the ugly sisters, it seems to me the US$ could strengthen for some time to come as folks look for "safe haven" status.
but is being in US$ a good move? does the FED buying have no effect upon what a greenback is worth at some point?
buy low sell high is a pretty easy concept, but a mite harder in actual application from my experience
it seems the US$ is a very good place to be currently aka cash is king
but is it a smart move for the long haul, is supply vs. demand an outdated concept?
it seems to me the FED is vastly increasing the supply, but demand is as strong as it's been in some time.
if you can help a poor old country boy understand these simple concepts I'd be much obliged.
mind you I'm not asking for free investment advice, I'm just curious as to how and why the dollar is in such great shape considering the actions of the FED
