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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (80389)7/8/2008 7:54:13 AM
From: Real Man  Read Replies (2) of 94695
 
Might be. On the other hand, with banks crashing the currency
crisis could be close too. That kind of BK is fully
expected after decades of bubble blowing. Oil is just
reflecting that, a sinking USD, as folks are in a rush
to cash their worthless paper for something... anything...
As money becomes
worthless, we'll have to use crude, corn, coffee and stuff.
But it's not too late to can the Fed and anchor the dollar
to something. <G>

Message 24736857

Yo! Foreigners are mostly LONG AGENCY (FNM, FRE) bonds!!!

bloomberg.com
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