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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (13205)10/20/2008 4:53:16 PM
From: carranza22 Recommendations  Read Replies (1) of 71477
 
Dollar is going up because,like our IBanks, it is too big to fail.

There is a s***storm happening globally, so IMO the thinking is that the Asians who hold so much of our paper cannot afford to let go of it for fear of causing a calamity. Assuming that to be the case, flight to safety to the clownbuck makes sense.
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