Keep Your Eye on The Ball

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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The bankers dilemma is upon us. Does one banker/trader bet that oil             goes substantially lower in the next five years - note monthly chart. (Keep in mind that we have reached peak oil             in the US - yes even with shale being considered. We should be following China's example with our domestic production and build a 10 year reserve). Does one banker/trader bet the dollar goes substantially higher? (Note monthly chart. Note that if we were held to the same standards as Greece, the dream would end). Does one banker/trader buy US stocks? Note monthly chart. Or does one banker/trader pay fixed on the 5 year swap at 1.70 and receive floating price of a blend of BTC             , CL             , SLV             and GLD             . Note monthly charts. What does one banker/trader do with his/her 5 year crystal ball? My bet is paying fixed at 1.70 and receive floating price of BTC             , CL             , SLV             and GLD             for the next two months. All hands on deck.
This is great.
Contrary to what people are trying to sell you, the dollar has not broken out of it's wedge. Blah blah carry squeeze. The squeeze started at 84. Strong hands are selling more. It is worthless and too many people know it.


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