Currency Chaos

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This is going to be just a quick comment cleaner. Equities are nicely in the red for a change, with the ES down 9 as I’m typing this.

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Apparently Trump’s comments that the dollar is too high has sent a bit of chaos into the world, and one dark spot for me is a very strong gold market. I’m not so sure I’m going to hold on to that DUST position anymore, but we’ll see.

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The big surprise, just hours ago, is that Theresa May announced that for some reason the will of the British people was going to be subjected to a vote by both houses of Parliament, which might mean the entire BREXIT thing could turn out to be a non-event, thus the pound is soaring.

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Lastly, as mentioned, the dollar is taking it on the chin, with particular weakness vis a vis the Japanese Yen.

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