The Big Picture - Macro Perspective on the Capital Markets, Economy, Technology, and Digital Media

Macro Notes

"You ain't a beauty, but hey you're alright," for now as I refer to the US$ where the euro heavy $ index is up for a 13th straight day for the 1st time ever. As gold is currently being treated as an anti $ asset, (its an anti ALL fiat currency asset), coincident with the $ rally the RSI in gold is at the lowest level since Sept/Oct '08. As expected, the Greek election Part 2 will be held on June 17th. We now have another month to debate whether Greece stays or goes and if they go, how messy...