The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: TH who wrote (12865)	10/10/2008 12:32:37 PM
From: Real Man	Read Replies (1) of 71455

It's derivative related - carry trade risk aversion. Low interest currencies rally, high interest currencies get dumped. Yen rallies. Euro gets dumped. Gold is probably attacked in London, or forced COMEX longs liquidation. A relatively small market, and heavily manipulated. USD + UST dumping is the last thing Hank and Ben need, and the gold spike may trigger that. So, there could be a brutal attack on gold (on comex) to show everyone it's not a currency. G7 already did that in March with IMF gold sales.

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