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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (25428)12/11/2009 10:28:58 AM
From: gregor_us1 Recommendation  Read Replies (1) of 71455
 
I only have moderate clarity about one aspect of the sovereign debt mess and in particular USTreasuries: it's been my view that USTReasuries will run into trouble before the USD does. How long the time-spread is between those two events is totally unclear to me.

We are in the recognition phase, for many assets and situations now. So, I see USTreasuries, when they run into real trouble, getting very ugly before anything very ugly happens to the USD.

Recognition phase action is very dangerous. It's the moment that the elm tree, which has been hollowed out for years with disease, is discovered by two 7 year old boys who figure out "hey we can push a whole tree over."

G
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