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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (43419)7/3/2003 2:13:56 PM
From: zonder  Read Replies (2) | Respond to of 57110
 
Honestly, I have been mystified long enough that so many people were actually willing to settle for those bond rates, with so little return. Must be a bad case of baseless belief in all that "deflation" talk...

Re Bernanke's speech - I have been short USD ever since, and have made a small fortune from it:

Message 18263284

When a Fed governor talks about printing money AND its consequences (i.e. lower USD value), there are only two options:
(1) He is an idiot
(2) He WANTS the USD to go down

I think it is the latter. Hence I shorted the USD.

That crap about "strong dollar" meaning "a currency difficult to counterfeit" was hilarious. I could hardly believe he could say that with a straight face. It was like the Twilight Zone.