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To: ubetcha who wrote (2431)1/6/2003 11:08:43 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 5423
 
sorry, USDollar decline will become a Vicious Circle

you can hedge all you want with clever sun, cloudy, rain images
but you should study the enormous forces at work in the world and american financial system that pulls apart as the dollar begins to decline, as it has been since spring/summer

I have cited countless forces
here are my favorites...
45% of USTrez debt is held by foreigners
they will sell as momentum picks up on downside
76% of Foreign Central Bank reserves are held in USTBonds
their economies will experience banking problems

not gonna argue with you on this
cite me just five reasons why it wont become an effing nightmare
I cited 25 reasons why gold will rise, with countervailing dollar decline

/ jim