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

To: kingfisher who wrote (19295)	10/2/2004 4:58:05 PM
From: Condor	Respond to of 110194

Hi Kingfisher, I was amused that the very first question Turk was asked, he didn't answer. Barron's: How imminent is this collapse of the dollar? Turk: I thought the dollar was going to be under a lot more pressure this year than it was. But it's an election year and that has the markets jammed up. Central banks are continuing to mop up all the dollars from the federal budget and trade deficits and the credit expansion that continues to go on in this country. Without the central banks willingly picking up those dollars, the value of the dollar would be in a lot deeper trouble than it is at the moment. C