Certainly looking like it. CHF to new all time highs against dollar EUR breaking 1.40 yen to 15 year low, boj be damned Aussie to post 1982 float high, 90 cents from parity gold at new record 1358 silver at new 30 year (?) record canadian dollar back towards parity there have been tremendous moves tonight. one of two things is going to happen - either this is IT in terms of the day of judgement for the usd that people have been waiting for since...well, goldbugs came about or there is an imminent collapse of worldwide risk assets right around the corner and this is a blow off top (like in 2007). the only thing i cant see that is insane as it was back then is oil. and i have a feeling someone's made a deal on that congratulations are in order for asshat bernanke - he really did his job well. inflation on the docket for every man woman and child in the world. starvation due to massive food prices, thanks ben. i hope this bastard roasts in hell for his contribution to mankind.