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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.47-0.2%Dec 5 4:00 PM EST

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To: TobagoJack who wrote (31345)3/19/2008 4:39:30 AM
From: energyplay  Read Replies (2) of 218248
 
What will happen is that the goods exporting nations - Japan, China, Europe, and a few others - will step in to buy treasuries to keep the USD from becoming weaker.

The Europeans will be pushed into moving by their export industries. The ECB will cut rates to keep the Euro from soaring vs. the USD. The ECB will also want to forestall any problems in the Euro zone, like UB something.

Short term, there are too many people and funds short the USD, and they can't all get through the door at one time.
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