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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: TobagoJack who wrote (68076)11/13/2010 2:36:23 PM
From: prosperous  Read Replies (2) of 218088
 
Revolution is natural.

For US this is going to be a close race between when:
-middle/financially challenged class revolts
-China stops buying and starts selling US treasuries (they probably slowed down buying significantly)
-Japan/UK stops buying and starts selling US treasuries
-Europe successfully spreads financial STD to the world

The first to win the race drives fate for US $ (no ambiguity about direction, just the event and timeline), and then US spreads financial STD to rest of the world. I am at loss to put probabilities on events above and pick a winner :-) At that point what FED or anyone does is immaterial.
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