Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Haim R. Branisteanu who wrote (79)	7/3/2002 10:55:51 AM
From: Jim Willie CB	Read Replies (2) of 89467

Haim, I read of increased dollar carry trade, as I expected what are you seeing out there in the trenches? the dollar took an accelerated move down in late June from 111 to 105 in a flash I suspect futures were used to take dollar down, euro up this is the essence of my described dollar carry trade my forward view is that the dollar will be around 98-101 by end of year and 88-91 sometime in 2003, maybe earlier than we expect during all this airpocket hyper-action, we should see a currency crisis never witnessed before and gold taking off I would greatly appreciate any thoughts and observations or maybe you are in some tornado shelter I hope not thanks, jim

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