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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (9607)7/17/2008 1:47:20 PM
From: TH  Read Replies (5) of 71475
 
Vi,

They can't?

Hmmm, I'd say they <are>. There is absolutely no reason the dollar should be holding at this level after the news of the past week, but here we are at the magic 72, and climbing.

I expected a massive dollar decline late today, but now I see the guns coming out full force to support the dollar again. You can't see the smoke and mirrors because they are hidden behind more smoke and mirrors.

This is intervention. It is not a <sometimes> thing that Ben describes. I believe it is to become a regular practice, for the simple reason that most of the world wants it to work.

GT
TH
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