Bobby; And all, several months back I did a good many post about
keeping an eye on the $USD , and that if it started failing we would
have ramifications going well beyond the stock market.
The full impact of the falling Dollar won't be felt at home for some
time, all the rhetoric about how it helps exports is just that,
rhetoric.
In effect the power brokers have seen no way out but for central
bank intervention to bail out Japan. This bail out is at the
expense of the $USD, and will be paid for by U.S. tax payers.
The market drop we see here is based on USD, the drop the
rest of the world sees is much more than we see. Our market
looks in a complete free fall as they see it in relation to,
their currency.
In the US in the last 5days the DOW has almost been flat,
except for the volatility, but in Japan they see it as having
dropped almost 20%.
In deed huge derivative swaps are going on right now ( leveraged
at that ) were the big bankers can swap currencies at almost the speed
of light and buy the DOW 20% below what you or I can buy it
for. As long as this can go on they can then sell it off at
a profit to any mullets who try to come in, indeed they can
make money selling it to the shorts who cover thinking
they have made money. All in all the drop in the dollar will
come home as you will see everything you buy 6 months from now
costing a lot more.
By the time the FED says my goodness we have inflation, 80%
of the savings of the American people will be gone.
The price of Gas will be jacked up 50% as unemployment lines
swell and the National debt sets record highs.
When will people catch onto the fact that the Federal Reserve system is just a front for an elite inner circle of international organized crime.
Last I would expect the market to now follow the dollar,
and with out an eye on 3 major currencies you can forget what
the index says..sum up and average the Pound, the EU , and the YEN
vs the dollar as a yard stick for the last week, then discount
the market indexes by that amount to get a picture of how others
see our market, & keep in mind the power brokers can buy our
stocks at that discount.
It's all more crooked than a snake.
Jim
|
