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


To: Nikole Wollerstein who wrote (20566)10/24/2004 8:29:56 AM
From: THE ANT  Read Replies (1) | Respond to of 110194
 
People better get away from their preconceived notions.In the end I think the third world currencies will do the heavy lifting against the dollar.In the 60's and 70's houses in Brasil were more expensive than the US and jobs in Brasil paid more in dollars.The last 25 years were an illusion in many ways.Keep your minds open.



To: Nikole Wollerstein who wrote (20566)10/24/2004 2:21:55 PM
From: ferrogy  Respond to of 110194
 
Rouble-Central Bank stops supporting dollar

This is from Friday
rbcnews.com

Hmmmmmm...
"The expert said that the Central Bank's activities could be attributed to the dollar's decrease on international exchanges and growth in the gold and currency reserves in Russia. However, the Central Bank's leaving the market at the end of the week was quite unexpected. The specialist thinks that the Central Bank is currently concerned about its obligations on preventing inflation."

Conversion quotes here...
micex.com
(Moscow Interbank Currency Exchange)

Steve



To: Nikole Wollerstein who wrote (20566)10/24/2004 2:27:25 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
What is the interest rate now for deposits in Russia - or better to buy bonds?