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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (37460)4/21/2011 8:31:53 AM
From: Real Man3 Recommendations  Read Replies (1) of 71475
 
"where do we go from here?"

There is again no long term answer to this question,
as it is policy dependent.

I'd say madness continues until Ben stops or slows down
printing? He might as well speed it up, as we discussed
here. Then $200 will be an easy price target for oil,
and it will probably go much higher. -ng-

For now, let us watch as the dollar hovers near it's
long term support zone.

One thing is clear - there will be losses for everybody
in these markets in real terms until the bubble excesses
are worked out and a legitimate economic recovery begins to
take place.

This time could be at least 5 years away, IMHO. Moreover,
we could see another "crisis situation" a la 2008.
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