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Subject My friend at FXCM says: "dump ´em, dump ´em NOW (USD)"

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Original Message I am not much of a FOREX trader anymore, but just now I got another email confirming some gut feeling I had for a while:

"I am telling you we are urged from all around to advise against USD all the way now. Short USD. EUR/USD pair is going through the roof shortly, Chinese are dumping, it has already started. Just dump ´em, dump ´em now. Take the loss, it is not going to get better"

This from someone I used to play 18 holes on La Manga (Spain) with every week.

We have not seen each other for about eight months but please take my word for it: he is a Forex Ace broker (Swiss). Has a villa right here, and two ex-wives. Pure commitment.

In short he is saying the Dollar will tank in the next few weeks and he is advising his clients to close out all USD assets and switch to EUR.

Let he who understands take heed.

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