SI
SI
discoversearch

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 : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (7697)2/11/2004 6:41:46 PM
From: Jim Willie CB  Read Replies (2) of 110194
 
here is a call for you to ponder on currencies

I expect that by midsummer, the FOREX will be concluding a nightmare is in the making, whereby a lower USDollar (versus Euro) will make absolutely no difference whatsoever in the trade gap remedy

so the Euro will run way past 135 and will not stop!!!
since it is the path of least resistance

it is all about the trade gap and fed budget deficit, NOT INTEREST RATES
the FOREX battle will be clearly set up as a two-front war

the Euro will correct, but the US-EU trade gap will not close

the JYen will go to parity, but the US-Japan trade gap will remain a total nightmare, and will not even come anywhere near closing
so the JYen will become the BOJ nightmare, squandering countless billion$
the JYen will go to 105 ($/yen 95) and will not stop !!!

I has said for over a year
the industrial mechanism is gone
a lower dollar will not rectify the trade gap
we have grossly insufficient mfg capacity to take advantage of a lower US$
not even close

so by midsummer, the FOREX will realize the US$ will go lower and lower and lower and lower and lower and lower and lower and lower and lower and lower and lower and lower and lower and lower

UNTIL MONETARY CRISIS
/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News