S&P announced that they might drop Italy's Credit rating - with all the problems still in Greece it looks like this whole debt scenario is escalating.. What does this mean for us .
a. Short term dollar strength
b. More retracement in commodity prices..
For now I still stay with a large percentage in Cash and my only new buys are Natgas producers..
PS: Europe is dry; Grains can run up if this continues...
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1 comment:
Euro is really weak during all those big loans to Greece and Portugal..
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