The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (24953)	11/28/2009 5:29:57 AM
From: Skeeter Bug	Read Replies (1) of 71475

gg, for now, maybe. on wednesday, we say the dollar collapse 1.18% and the s&p up only 0.5%. at that rate, it would take a 6% drop to juice the 3% increase in the S&P - about 33 points. i don't even think baghdad would consider that a good risk/reward. the market is toppy and waaaaay over valued. the first shot of the unlimited debt / deflation card was delivered thanks to dubai. the central bankers have a lot more to deliver when they choose to deliver it. the markets will collapse when that happens. i think they pick Q1 to do the dirty work. in the mean time, they will try and keep the sheep happy for xmas dinner and new years, imho.

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