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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 380.060.0%4:00 PM EST

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To: Elroy Jetson who wrote (43009)11/22/2008 5:44:35 PM
From: Wyätt Gwyön  Read Replies (1) of 218012
 
You do realize we're in an economic depression, don't you?

depression conditions apply to all countries, including US against which AUD and others have been marked down. imo the violent decline in AUD is mainly due to unwind of JPY carry trade. considering the clusterfark which is the US economy, personally i don't expect USD to be a great port in the storm going forward.
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