The Dollar Starts its slide

As I had been writing about the COT report that commercials were shorting the dollar and finally it started rolling over. This obviously bodes well for PM's, PM miners as well as the stock market as a whole.

I had written about stocks not getting over 1200 without more easing but I think they are not waiting for the announcement.

So I have changed my mind about the target for SPX. I think this rally has legs and, just watch the dollar it tells the story here.

The DXY is down to 76.23 this morning, the SPX futures are up 13 and silver and gold are rallying as well.

If you are still sitting on the sidelines waiting for the fundamentals to improve you are going to miss out on this rally. We are coming from an extreme oversold situation and specs have been washed out, the sentiment is at extreme lows, the big boys made a shit ton of money on the way down and now when mom and pop are hiding under the covers they will make more money on the way up. Their game their rules, f u to the rest of us.

I'll keep you posted on the dollar shorts and the COT's in gold and silver, they will signal the next leg down. Make money both ways. Best of luck. 

Long Silver and SPX futures, short USD