Foreign Affairs Discussion Group Message Board

STOCKTALK

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.

Politics : Foreign Affairs Discussion Group

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Watkins who wrote (150859)	11/3/2004 12:28:25 PM
From: Sun Tzu	Read Replies (1) of 281500

>> The all time low USD will happen much faster than that... Yes. Markets are discounting mechanisms. The real problem is that at some point, the falling dollar will have a very diverse effect on foreign debt market for USD. That this has not happened in full force yet is to a good measure because foreigners are afraid that liquidating their positions will push the dollar lower and cost them even more. BTW, I saw a Soros interview a couple of years ago when most people thought USD has gone low enough. He said he thinks the descent will continue for a few more years. That prediction was on the money. I wonder what he has to say now. For those who care to dig more... quotes.ino.com:801/chart/?s=NYBOT_DXY0&v=dmax finance.yahoo.com finance.yahoo.com Too bad I can't find longer term charts. Btw, while you are at it, feel free to check the demgraphic trends.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next