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.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (3245)	12/11/2003 8:21:14 PM
From: russwinter	Read Replies (2) \| Respond to of 110194

<anti-USD just become another bubble?> Yes, and is why I've been cautious on precious metals lately. However, the ultimate irony is that the anti-USD bubble is justifiable and is of the Fed's own making. Much IS fundamentally based, but like all bubble that depend on Easy Al, look out. Which leads to my touche point: they will have to try and cure it! And all of you feel that's impossible ,they won't, can't ,etc, etc. Well OK, let's just see how far this bubble can go, will make prior bubbles look like a picnic. A number of the runaway indicators are up there on the lab tools, go for it. And that's been the issue I've been weighing the most myself of late. My scenario: an attempted involuntary or quasi-involuntary cure of this anti- USD bubble, inflation, runaway credit expansion, and on and on.

To: Wyätt Gwyön who wrote (3245)	12/11/2003 9:42:09 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

so this gives me cause for concern--could anti-USD just become another bubble? Of course. But When? We are a long ways off IMO. Look at our balance of trade, debt, loss of jobs, military spending, state budgets, pension plan deficits, etc etc etc etc and you realize the US $ can easily fall to 60 no matter how much Japan throws at it. This "strong dollar" policy of Snow is the biggest farce on the planet. Are other foreign governments laughing their collective asses off at this idiot? We have done everything possible to debase it, so IMO it is obvious they just do not care (and in fact may want it debased). Haim did a couple of posts that showed in his opinion that the US$ is oversold, undervalued. Too much scepticism and too little dont cares IMO for this to be the bottom of the US$. If we bounce I will short the damn thing and yes I am incredibly pissed I missed this last plunge. Kept waiting for a damn bounce that never happened. M