You Won't Make A Dime Chasing the Headlines

Following the lead of QE to infinity, so it will be.

Headline: EU rescue fund should be increased: Belgian finance minister

The European Union's permanent rescue fund should be larger than the money available currently and the increase could be made before 2013, Belgian Finance Minister Didier Reynders said on Saturday.

Source: reuters.com

Headlines “explanations” while often quite entertaining are basically useless. You won’t make a dime chasing the headlines. Follow the money for the real news.

The short Euro "play" is progressing nicely.

Euro and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:


It's termination, which again will surprise most, will be foreshadowed in the U.S. dollar market.

U.S. Dollar Index and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest


Gold and silver will be flying when the money flows in the dollar turn. Not much else to add.