Wednesday, September 1, 2010

Who drives a Fiat?

You never give me your money
You only give me your funny paper
and in the middle of negotiations
you break down
- The Beatles (hat tip Josh Schneck)

This is a picture of the dollar index. Looks like a bear flag to me. Is it any wonder gold barely fell on a day when stocks soared?  Fiat currencies - funny paper.
This is the euro index. Think the euro index should be the exact opposite of the dollar index? Think again, Poindexter. This one looks like a bear flag, too, albeit smaller.

Out of college, money spent
See no future, pay no rent
All the money's gone, nowhere to go
- same Beatles tune

1 comment:

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