'DEATH OF THE DOLLAR!' from the dollar collapse cult, inverted H&S in gold in the imaginations of people clicking the heels of their ruby slippers, gold bugs becoming more strident by the day, gold CoTs growing more bearish by the week, broad market participants in full pump mode, Mr. Bernanke featured on 60 minutes sounding a bit satisfied that policy is working, a modest down tick in the pace of job loss setting off bullish rationalizations... and all those worthless treasuries, sloshing around looking for buyers.One problem though, Uncle Buck did not get the memo. The dollar is thus far looking on track right from our target, the point at which previous decades demanded it had better hold. It is making its attempt while the band plays on, with all the usual horns blowing loud and clear.
