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iPath S&P 500 VIX ST Futures ETN Message Board

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  • flyingzorbaman flyingzorbaman Oct 20, 2010 12:42 PM Flag

    Dollar plunge resumes

    I, for one, will be ecstatic when gold crumbles its way back to 1040. Gold has gone up while we have seen deflationary pressures in economy, ergo, it has likely been a fear trade all along.

    Take the fear out of the market, as many of you VXX holders have witnessed with it today, and gold will follow VXX down. As the fed tries to inflate the market a bit and the stock markets go up a little more, the bond markets will finally reverse course providing us with some real fuel to power these markets up over the next 12 months.

 
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