Late last year Dennis Gartman was saying that the Dollar was on the course of a multi-year bull market. Now it looks like Gartman has flipped his view and catching up with what we at bhc investment have been saying since 2008.
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Comments by bhc investment on the “Strong Dollar” policy:
21 July 2008 [1]:
I didn't buy into Paulson's “Strong Dollar” policy for start -- is a total joke to me.
12 August 2008 [2]:
We are still within an inflationary recession. The USD has a rally, but is a bear market rally. It is NOT in the interest of the US to have a strong dollar. Paulson's “Strong Dollar” policy is a joke. The US needs to DEBASE its currency to get out of the mess it created.
19 October 2009 [3]:
While pursuing an unofficial “Weak Dollar” policy, it will tell you it favours a “Strong Dollar”. Stop listening to the Fed!
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