Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (130008)	10/18/2001 8:03:05 AM
From: Tom Smith	Read Replies (1) \| Respond to of 436258

a rash of defaulting/devaluating currencies would push liquidity to safer haven USD, yen and Euro as well as gold. So the computer models favor the USD. Japan will continue to sell yen and buy dollars with the Euro and gold picking up the scraps, at least initially. Since the banksters are in charge, the properly positioned in the financial sector should make a killing due to a stronger than necessary USD. US manufacturing will be relegated to step-child status and take a proper whipping. This all begs the question, how do you wean a gaggle of sniveling, whining banksters from the money tit? What is Mother Fed to do? On the other hand, there are oceans of fiat out there and the world is not the safe place that your grandfather fought and died to make it. Only when folks start demanding delivery/payment in physical and every bankster confidence trick has been exhausted will the world move to a global, probably commodities based currency.....that or WW3.