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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tommaso who wrote (20473)7/26/2007 2:09:58 PM
From: energyplay  Read Replies (3) of 218125
 
The Federal budget defict is now only 205 Billion per year, way down from the 500 Billion of a few years ago. A little inflation pushing up tax reciepts next year could get the Federal budget balanced without new taxes.

A few selective cuts in the 2,000 Billion budget would not hurt either.

Of course, just cutting Iraq expenditures in half would put the budget into surplus.

Agricultural exports should help the trade balance.

I don't have much of a sense of how far the USD will go - maybe down 10-20%. That would put the Euro between $1.55 and $1.70.

That will tend to help the auto industry, and farmers, and US multinationals. Also anyone with USD debt ;-)

I think gold might move to about $900.

Note that oil is down in absolute terms, since the value of the USD has dropped. Maybe we will see $95 dollar a barrel oil ;-)
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