The U.S. dollar index is approaching support just above 104.50. That's a logical place for the dollar to bounce. If it doesn't bounce there, look out below. That would be bullish for #gold, other commodities. Unfortunately it would also heat up #inflation.
@RealSeanBrodrick off topic but what are your thoughts on the AIIB?
@EelGM Do you mean the Asian Infrastructure Investment Bank? Which AIIB?
@RealSeanBrodrick yes the Asian Infrastructure Investment Bank
@EelGM Well, Asiai outside of China certainly needs investment, and it's nice of China to pick up the tab. And you can't blame China for expanding its soft power. I think that many borrowers will find that the AIIB is a double-edge sword, but that's their choice, and it remains to be seen how it plays out.