The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (9407)	7/9/2008 12:34:30 AM
From: TH	Read Replies (2) of 71475

Vi, <they>, <them>, <those guys>, are the ones that allowed gold to spike on the Sunday night of the Bear firesale to JPM and then crashed the POG on Monday morning. If there we ever a time that gold should have soared, it was that Monday morning. <those guys> are real, and they have more resources for an afternoon trade than all the bugs will ever have. Difficult to win perhaps. You have been predicting a possible leg down in the dollar for the past few months. I don't see it. <those guys> are defending 72, and they are very clever about it. What makes you think that 72 is going to be breached? I heard a good comment on CNBC today (a rare event I might add <g>). They said that the government is not going to impose any financial regulation that would really put Fannie and Freddie at any real risk for insolvency. The point being that the government does not shoot itself, and Fannie and Freddie are the government, irrespective of any bullshit classification like GSE. POG stuck at 920. I wonder what it will take to smash through 950 or so. I really don't know. GT TH

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