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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: GreatestGameOnEarth who wrote (2083)7/25/2006 3:17:38 PM
From: ecrire  Respond to of 50729
 
Ok, need your help: "Billions trump millions". Supposedly applies to US$. What does it mean? If it's supposed to be dollar bearish, it's wrong sofar(dollar rallying). His musings are cryptic, for sure.



To: GreatestGameOnEarth who wrote (2083)7/25/2006 4:25:36 PM
From: Jamey  Read Replies (1) | Respond to of 50729
 
Just thinking out loud... It seems that the FED (central banks) are tightening the dollar and really want to shrink the deficit by inflating the $USD all the while selling just enough gold at opportune times to hold all commodities down while at the same time shrinking the dollar. IMO, an impossible task for one reason. They don't have enough gold to keep the game afloat although short term this is the only game they have going for them. I know they sell short gold and probably don't have half of the reserves they claim. That is another reason I believe they will eventually get caught.

I am still commodity positive long term and dollar negative all the way even though Slider is hinting that the $USD is the game to be in. Now for us small guys if Slider's prognostications were true we should be looking at stocks that would benefit from a higher dollar.

Santi