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Former Bear Stearns trader Greg Mannarino discusse the race to the bottom between the dollar and the Euro.
Mannarino states the dollar has entered a terminal phase and is being continually attacked daily by Ben Bernanke and the Fed.
Mannarino states the ECB’s new plan for unlimited sterilized bond buying will cause the Euro make a sustained bullish run relative to the dollar, which will be classically debased as Bernanke ramps up UNSTERILIZED asset purchases and quantitative easing.
Greg concludes by stating that there is a deliberate attack on the dollar, and that the dollar is going to win the race to the bottom!!!
The dollar is being CRUSHED BY A MAN NAMED BEN BERNANKE!
MUST WATCH!!