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Strategies & Market Trends : The coming US dollar crisis
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To: LTK007 who wrote (11614)9/23/2008 7:29:59 AM
From: Real Man   of 71456
 
Well, Max, POG is above 890 (so far), so... we just might
get some flatness. The key to success of Hank's COMI scheme of
dezombifying the banks and reliquifying the credit market are
the foreigners, or foreign CBs NOT walking, or, worse yet,
NOT running... However, derivatives might only pile up even
more if these attempts are successful. I will be the first to
admit that if they don't run from the dollar, the attempt will
likely be a success, at least short to intermediate term.
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