New Reserve Currency

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China (the world's largest currency manipulator) is calling for a super soverign currency. Also, Frenchie Trichet says the ECB is considering tightening it's monetary policy. This is adding to the bearish bets on wampum. I would like to remind everyone that kermit is sporting the same batting average as 'Tanke ( \ˈtaŋkē\ ). This is usually what happens about 6 weeks after Trichet postures:




In other news, the DXY (USD) is about 70 cents away from reversing higher (imho). The Short Crude / Long Gold hedged trade I talked about recently is trying to lure me in.