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: stan_hughes who wrote (389)7/17/2007 9:11:28 AM
From: Real Man  Read Replies (2) of 71446
 
New multi-year low for the clownbuck. But... repeat after me -
a save is coming, a save is coming, the Fed will save us....
the dollar will bounce.... It's all positive. -g-

Let's see. What tools does the Fed have to protect us from
a dollar decline? They have no reserves. They can jack up
rates, but that won't help, cause it's waay too late right
now.

The foreigners
sold 11 B just 1 week in June, and what a scare it was.
They will just keep holding these trillions of MBS and buying
more, forever, even as housing market continues to
deteriorate. At least, let's pray they do, cause if they
don't, things will get really nasty in a hurry -g-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext