Bonds, Currencies, Commodities and Index Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Woody who wrote (12023)	5/13/2011 2:27:13 PM
From: Chip McVickar	of 12410

Hello Woody... Sure... here's my take for what its worth... June is a reversal month and the end of old trends begun in 2007-2008. Interest rates in the USA are effected by all the factors you read about in the news wires and specialists chatter... just name'm… gold, war time footing, inflation, stimulus, etc But... What I'm watching is China... What comes out of China...??? China is the big donkey... if they're in a bubble and screw up... that will reverse trends very quickly for interest rates and the dollar of the USA… China is the most important element not being talked about and generally considered impervious. So both interest rates and dollar will rise as China begins to make wrong choices… and ECU can’t get its act together. After China comes Bernanke...!!! Economic philosophical note: The Fed responded to the 2007-2008 crisis in the only way it knew how at the time and under the leadership available. The reversal of these polices under Bernanke will be different then what Greenspan/Paulson and the Bankers would have done. They must start this process soon… as they are only in power as long as Obama has the presidency. Was the journey that Iceland took by not backing its banks with state capital the correct way to handle the economic crisis handed to them by the big international banks and real estate markets; (i.e. quick destruction of the big private international banking system and quick refinacing of smaller local banks)... instead of how the USA, EU, England… decided how to face the crisis.... perhaps the wrong solution… in any case we will see the next set of correcting patterns begin to emerge in June 2011, and they will be positive. Bernanke responded in a way he understood to contain the crisis. As a theorist on the 1930s depression, he must already understand how to mop-up and reverse and help dig out the USA… and he surely knows what will be needed to start and implement his own recovery polices for the USA. And this includes reversing the dollar and interest rates. My own personal thoughts are that he will succeed... even if the choices he agreed to in 2008 were the wrong ones. bloomberg.com en.wikipedia.org Chip

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next