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Bill Cara's Week in Review #20, 2011 Posted: 15 May 2011 03:02 PM PDT [7:30pm ET Sunday] The story this week was the mild swoon in the Euro. And, every time there was a sell-off in the Euro, the prices of equities, commodities and gold sold off a lot. So, yes, we are forced into all being currency traders. But that's a game dominated by central bankers and private bankers, so I guess it's fair to say they have us pretty much where they want us. This situation even led me to open Friday's blog with the famous Clint Eastwood movie quote, "You've got to ask yourself one question: 'Do I feel lucky?' Well, do ya?" |
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