Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (63549)	4/22/2003 9:40:52 PM
From: Real Man	Read Replies (1) of 94695

The dollar dropped 22% from the high so far on net foreign investment of 450 billion per year last year (which was offset by the record trade deficit). Investment was in bonds only. Guess what happens when they sell over 6 Trillion cummulative in bonds + some 20 Trillion currency derivatives that blow up in the process? Pre-bubble level is 60. Dow/gold ratio is going from 42 at the bubble peak to 1. I expect Dow and gold to meet at 3000. The Fed has discovered a brilliant financial engine - just print and support asset prices. Lasts forever, doesn't it? (Not!) -g-

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next