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


To: westpacific who wrote (9156)3/2/2004 11:37:45 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
how long does US$ correction last in your opinion?

I say 2-6 weeks more, closer to 2
what say, you?

this is purely euro and jyen
not so much Canadian$, which is at 74.5

/ jim



To: westpacific who wrote (9156)3/2/2004 11:44:41 AM
From: Jim Willie CB  Respond to of 110194
 
an interesting angle was presented in a morning CNBC interview
a guest postulated that a large amount of hedged money has shifted from gold positions to crude oil positions
he estimated that the effect was fully $3 for oil contracts

I believe we are now seeing sector rotation among key commodities in the game outside the dollar

/ jim