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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (28276)2/17/2003 9:47:38 PM
From: Jim Willie CB  Read Replies (2) of 36161
 
a USDollar move from 100 to 80 will bring about the following:

- 30% cut in Dow
- $100 to $150 rise in gold, minimum
- increase in price inflation from imports & commodities
- rise in longterm USTrez rates from wide foreign selling
- damage to Asian banks who hold too much USTBonds
- a worldwide economic recession of serious magnitude

those who overlook the dynamics of a falling dollar,
and focus only on the benefits of a much lower valued dollar...

ARE RANK AMATEURS AT THIS GAME

they will anticipate a better environment with a lower dollar
but be surprised at the ongoing deterioration
without understanding it
and just get louder and louder by the month in frustration

investors inside the USA and outside react to change
dont you?

/ jim
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