SI
SI
discoversearch

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 : The coming US dollar crisis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Real Man who wrote (287)6/29/2007 9:08:57 PM
From: stan_hughes  Read Replies (3) of 71426
 
Just to play devil's advocate, I will toss a bull case defense at you that I read yesterday -- oldprof.typepad.com

Now that blog entry may not align with your or my view as to how much systemic risk is baked into existing asset prices, but it does offer some perspective as to who might be buying this market and what logic they're using to justify it to themselves.

To be perfectly honest I was kind of hoping they would have a better argument to put forth than the Fed Model, but there you have it. The issue of whether the Fed model can become even more theoretically undervalued whilst you get bled dry waiting for it to re-align (or be discredited) is not addressed.

In the final analysis I guess it comes to down to what you've said before, i.e. it will likely take the overwhelming of the Fed itself to bring the house down. Hard to believe that's going to happen next week or next month or even perhaps next year, but to quote an appropriate Chinese proverb, "long journey begin with single step"
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News