Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (43419)	7/3/2003 2:13:56 PM
From: zonder	Read Replies (2) of 57110

Honestly, I have been mystified long enough that so many people were actually willing to settle for those bond rates, with so little return. Must be a bad case of baseless belief in all that "deflation" talk... Re Bernanke's speech - I have been short USD ever since, and have made a small fortune from it: Message 18263284 When a Fed governor talks about printing money AND its consequences (i.e. lower USD value), there are only two options: (1) He is an idiot (2) He WANTS the USD to go down I think it is the latter. Hence I shorted the USD. That crap about "strong dollar" meaning "a currency difficult to counterfeit" was hilarious. I could hardly believe he could say that with a straight face. It was like the Twilight Zone.

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