Waiting for the big Kahuna Message Board

STOCKTALK

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 : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TFF who wrote (77728)	11/23/2007 3:46:08 AM
From: Real Man	Read Replies (2) of 94695

Yep. We are in the midst of Argentina-type currency crisis, with the Japanese Yen now leading the pack of currencies higher. Fed cuts or prints, and the dollar drop will accelerate into a free fall - wait, it IS free falling. Waiting for gold to break its all-time high and go into overdrive. Gold is FEAR, and soaring gold is never bullish for stocks. Sometimes it's possible for stocks to soar in local currency terms, but never, ever in real terms. Usually, when a currency crisis leads to stocks soaring in local currency, it is much more severe. 72 should provide a bounce for our beaten down currency.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next