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Strategies & Market Trends : The coming US dollar crisis
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To: stan_hughes who wrote (272)6/28/2007 2:00:42 PM
From: Real Man  Read Replies (1) of 71442
 
PMs are on seasonal sale until about July-August. Then the sale
ends. So much noise about the Fed not lowering. So what? The
other CBs will raise, and that will pressure the carry trade
still. -g- Rates are going higher everywhere, and there is
nothing the Fed can do about it. If they raise at this point,
they will completely kill the housing and the US economy.
They will hold and they will print. I think no surprise there.
The surprise will come when the market reaction to printing
is different. Some day we'll see a complete opposite of the
admiration and faith the Fed enjoys today
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