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Strategies & Market Trends : The coming US dollar crisis

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To: dybdahl who wrote (13206)10/20/2008 9:57:58 PM
From: TH1 Recommendation  Read Replies (2) of 71475
 
dybdahl,

<I cannot stop thinking if there is something that Bernanke knows, that we don't>

Yes, I have been thinking the same thing. Like everyone, I'm watching to see if the decline in the Ted Spread and Libor really do materialize into a reduction in dollar demand and a trend reversal.

Something tells me that there is a big part of the <crisis agreement> we don't know about. I wonder if agreement to let the dollar strengthen, with some central banker help, is a defined part of the plan.

I look at how the dollar traded today and it looks like intervention. Ben is out blabbing about more free government money and we get a spike that sticks. Something is not right.

GT
TH
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