The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: maceng2 who wrote (50077)	2/22/2013 6:05:17 PM
From: ggersh	Read Replies (1) of 71475

Friday night, always when the BS appears... Farewell Eng£AAAnd: Moody's Downgrades The UK From AAA To Aa1Submitted by Tyler Durden on 02/22/2013 - 16:36 And another AAA-club member quietly exits not with a bang but a whimper: MOODY’S DOWNGRADES UK’S GOVERNMENT BOND RATING TO Aa1 FROM AAA Someone must have clued Moody's on the fact that the UK is about to have its very own Goldman banker, which means consolidated debt/GDP will soon need four digits. In other news, every lawyer in the UK is now celebrating because come Monday Moody's will be sued to smithereens. Cable not happy as it tests 31 month lows, which however also explains why the Moody's action has another name: accelerated cable devaluation. Those who heeded our call to short Cable when Goldman's Mark Carney was appointed are now 1000 pips richer. Also, please sacrifice a lamb at the altar of Goldman: It's the polite thing to do.

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