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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TrueScouse who wrote (11345)4/5/2004 1:32:02 PM
From: gregor_us  Read Replies (2) of 110194
 
The Commodity Trade is in for a Rough Patch, Here.

I'm not ready to get back on the oil, coking coal, iron ore, copper train just yet. The USD really does look like it wants to hurt some people here by going much, much higher--say over the next 30-90 days.

I like the idea that a robust spike in the USD is the precipitating event that sets it back on its original crash course. There is of course nothing, nada, fundamental to any USD strength...

...except this...

if the US economy enters a new recession, it will be a contraction. And contractions spit out a reduction in the money supply--eventually.
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