US TREASURY : THEY ARE CRAZY

THE US TREASURY WILL ask for 140 billion dollars only next week.
They are just crazy. It seems they won`t stop this madness until they crash the dollar.

That`s today market capitalization of BANK OF AMERICA.

They are just crazy.

Dollar carry trade will keep placing presure.

Gold is feeling very comfortable above 990$ and 1000$. Commercials closing shorts on gold.

There is no "green shots": Unemployment ( the official) will go up to 12% next year. Real unemployement will be even higher next year.

I am still wondering if the dollar crash will be this year or next year. I would really expect to see the dollar 8% lower against major currencies soon. Maybe before end of the year. Maybe even more than 8%.

I wonder when this madness will stop.