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Strategies & Market Trends : The coming US dollar crisis
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To: RockyBalboa who wrote (21955)8/11/2009 6:45:21 PM
From: Real Man3 Recommendations  Read Replies (1) of 71456
 
Fed treasury purchases are scheduled to end in September,
which is the real reason the market is spooked before the Fed
meeting. They ran out of 300 bln of treasuries they promised
to purchase, just about. So, at 2:15 tomorrow we may either see
a dump or a blast, including gold blast, if the Fed announces more
QE. The USD rally then will be cut short.
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