The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: stan_hughes who wrote (1350)	10/7/2007 2:01:32 AM
From: RJA_	Read Replies (2) of 71456

>> if they do raise, they will only make themselves that much more attractive to the carry trade and drive their own currencies even higher, adding to the demand destruction of their long term export capabilities. Stan, you have a gift for putting things clearly. A week or so ago Norway CB raised interest rates to 5%. It is a small country (5 million or so) and no ETF. It is a petro currency. I am looking for a country that will not destroy the "store of value" function for its currency and some iquid asset/store of value to diversify into other than precious metals... just for some balance. Any ideas? RJA

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