I Told You So - 24 January 2018

Remember all those missives about New Gold and the effects, always ignored by Orange Julius Caesar and his minions? Well, mainstream pundits are beginning to notice:

... the world believes your national currency -- and the world's reserve currency -- is suddenly not worth what it used to be. Moreover, the dollar's decline could eventually have some very serious knock-on effects on the president's precious stock market performance.

Moreover, all that looming inflation, by Democratic Socialists of course, has been here for years. But, of course, it's driven by the 1% dumping all that idle moolah into stocks and bonds. Being the New Gold means you have to pay attention.

... if the greenback's rout deepens and pushes crude oil past the $70-a-barrel threshold. This isn't the kind of round number Mr. Trump will want to brag about on Twitter.

I told you so.