Rickards’ Currency Briefing: Catching The Dollar Pivot Point Is Key
How long will the U.S. tolerate a strong dollar? Not much longer. With a strong dollar the U.S. imports deflation, hurts its own exports and kills export-related jobs.
A weak dollar will be the remedy for weak growth. The key for investors is to catch the pivot point from strong to weak. Stay tuned for a C.O.B.R.A. signal for this pivot.