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

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To: Tommaso who wrote (23615)12/20/2004 4:28:35 PM
From: mishedlo  Read Replies (2) of 110194
 
As for me I expect several things that might do it

1) rate cut in UK
2) intervention in the US$ by Europe and Japan
3) Bush raises taxes (ups limit on SS taxes)
4) Consumer spending falls off the cliff
5) technical rally in the US$ when a breakout fails
6) just too damn many US$ bears
7) SS reform just plain dies and along with it a $2 to $6 trillion price tage.
8) actual spending cuts in congress

All of those are dollar related and any or all of them could lead to dumping of gold some are very unlikely but all are possible

Mish
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