Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

I keep thinking commodites like Gold and somewhat oil actually dropping in value if one prices them in euros not dollars.

Somewhere in not to distant future dollar/euro exchange ratio will tilt back favoring dollar as signs of US economy improving and those commidities will be much cheaper then today in dollars. At that time frame, US market will be priced much higher in anticipation of cheap oil, better economy and precious metals back to LT bear market.