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

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To: westpacific who wrote (79042)2/16/2007 3:11:33 PM
From: GST  Read Replies (1) of 110194
 
I can't think of anyone more bearish than I am -- I am absolutely bearish on the dollar and it is the dollar that underpins most the finances of most of the people on these boards. Selling assets to hold dollar will be the only thing worse than holding those assets which are dollar dependent. My view is this: If your wealth is tied up in the dollar then you will see your net worth decline in terms of purchasing power. You will see oil go up. You will see the price of most things you buy go up. And you will see the value of your currency and your assets go down. Can't get much more bearish than that.
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