Dear Eric,

The Fed will QE to infinity as will euroland.

Regards,
Jim

Fed likely to buy entire $600 billion in plan: Bullard
CIGA Eric

Yesterday, the need to use the full $600 billion was doubted. This doubt was flashed across the newswires in regular intervals. This perception, in turn, supported the dollar and the smashing of nearly every commodity and non-dollar ‘play’. This included the stock market. Truth be told, $600 billion won’t be enough. When further economic sluggishness demands more monetary injections, a similar doubting game will emerge to provide cover for paper control.

A top Federal Reserve official said on Wednesday the central bank is likely to follow through on its entire $600 billion bond buying program based on an anticipated weak economic recovery.

"As the forecast looks right now it looks like we’ll be purchasing at this pace through the end of the second quarter to add up to $600 billion," St. Louis Federal Reserve Bank President James Bullard told reporters on the sidelines of a conference.

Source: finance.yahoo.com ^[1]

More… ^[2]

Dear Eric,

This is the reposition after taking billions out of the short euro. The boys are now planning to play the long EU when the manipulators complete their long eu/short dollar positioning.

The foul destroyers leave footprints that very few outside of you plot.

The schemers can be plotted.

Respectfully,
Jim

Money Is Repositioning for Another Dollar Decline
CIGA Eric

The dollar’s decline against other major currencies will resume once the right money is properly repositioned.

Connected players will use the strength to reestablish their net short positions, while retail money, guided by well-timed and highly directed media analysis, is pushed (herded) towards the long side for the eventual slaughter. The flow of money is methodical and highly controlled.

U.S. Dollar Index and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:
^[3]

U.S. Dollar Index and the NonreportableTraders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:
^[4]

More… ^[5]