Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (74485)	1/30/2007 11:30:13 PM
From: Real Man	Respond to of 94695

Pound is junk as well, and so is Euro. They just wanted to enjoy shipping out Euros for goods from China, like Americans do with dollars, so they introduced it. They need to pretend that Euro is stable "hard" currency first, though, before they really start to debase it and export inflation. -g- The Euro was only rising because of its increased use in credit derivatives. It now accounts for about 1/2 of those, so I agree, the Euro rise about done. That's 57% of USDX -g-