Waiting for the big Kahuna 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.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (73380)	6/26/2006 9:59:02 PM
From: Real Man	Read Replies (2) of 94695

Yep, even though some deflationist folks think the dollar might rally as bad debt gets destroyed, the fundamentals for the dollar are simply horrible. The bubble imbalances are getting nurtured by the Fed, so anything is possible, but I just can't see the dollar rally when the wheels come off this train. I agree with a crisis scenario similar to Argentina. That is, unless the Fed chose to be tough. I don't think it will, and I'm not sure it will matter at this point. Message 22571839 Take a look at the gold chart in that article, and compare it to what it's doing in USD terms today. It's a message, IMHO US treasuries are unsafe! In a few years, the government will have to default. Given that this is the so-called "risk-free" interest rate in all derivative models, .... We are at a critical point. The Fed pulled a rabbit, by talking tough without (so far) any action. If they choose not to raise now, their credibility will be severely damaged.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next