When Jay-Z and Giselle Start Giving You Currency Advice, Sell!
This Jay-Z/Giselle weak dollar story is sure getting a ton of play. Don’t know about it?
Supermodel Giselle demands to be paid in Euros from now on.
Jay-Z flashing 500 Euro Bills in his new video instead of dollars.
Famous quote from Joe Kennedy, “When the shoe shine boy is giving you tips, sell!”
Well here we have Jay-Z and Giselle making it known to Joe Bag of Doughnuts that the dollar is weak. Well guess what? Its a little late. Dennis Gartman has mentioned on Fast Money that he’s never seen such a one sided trade as the shorting of the US dollar.
So when Jay-Z and Giselle start giving you currency advice, it might be time to cover that dollar short.