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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Friday 15 January 2010

$/eur


The dollar has had a 3 week counter-trend decline but looks ready to resume its rally.So far there has been no sense of panic amongst the $ carry trade community but further dollar strength may undermine the "reflation" trade

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