It’s So Easy In Hindsight

My friend Ted sent me this story yesterday – a flashback from November, 2007.  All you really need to know is the headline: “Rappers join models in insisting on Euros as Greenbacks fall further out of fashion.”  In hindsight, I can only facepalm myself, and wonder how I didn’t recognize one of the greatest contrarian signals of my generation.  Rappers & models….
note: to be fair, the Euro (vs USD)  is only now trending below the Nov 2007 level, so if the rappers & models were quick and nimble with their FX trading, they could have made out great on the trade.

Kid Dynamite is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to If you click on my links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
Kiddynamitesworld Blog