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

To: Crimson Ghost who wrote (4355)	1/4/2004 3:36:39 PM
From: yard_man	Respond to of 110194

thanks for posting, but how is it "another take?" Some of the detail there explains Faber's near term prediction of a bounce for the dollar and bonds ... I think such a bounce will not be bad for gold however, because it will simply be a temporary adjustment to the "dollar carry trade" not resulting in any slowdown in the "reflation attempt." I also think it happens from lower levels than Faber thinks. Folks talk a lot about the US dollar -- but it's a global problem. Are the Japanese securing a better future by piling up USD reserves? Is China?

To: Crimson Ghost who wrote (4355)	1/4/2004 4:02:30 PM
From: russwinter	Read Replies (1) \| Respond to of 110194

<Indeed, the smartest money managers are borrowing in the US at 1%, taking their money out of the US, and swapping it out of the dollar. No wonder money growth in the US is so low!.> This has been my theory for awhile. Message 19618267 Message 19617776 I think this is going full tilt, and has already kicked in serious inflation and overheated economies, especially abroad. For Easy to deal with this with more money creation would bring about runaway inflation, at this point. They needed to tighten, yesterday! There is going to more and more evidence of this very soon. The bond vigilantes are about to speak loud and clear, and that's why I'm on "bust alert".