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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Maurice Winn who wrote (25854)11/29/2007 10:15:11 PM
From: TobagoJack  Read Replies (3) of 217576
 
when balance sheet shrinks, folks retreat;

when extended folks retreat, they retreat home;

when they retreat home, they go for home currency;

usa has the biggest hedge book next to japan, and japan is a slave to the usa;

usa dollars will become precious, and japan yen may become more precious.

but i am not into as much risk as before

not at this juncture

so must retreat to hkd, usd, and may maintain position in yen and cad, may not.

i simply do not wish for any downside

i am not at all interested in upside

because there are very few upsides up ahead
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