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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Eddy Blinker who wrote (95)	5/15/2007 2:58:14 AM
From: Real Man	Read Replies (1) \| Respond to of 71412

Well, I have created a nice bounce for the dollar by starting this thread. 82.5 - 83 is now a strong resistance, so I don't think this bounce will last much longer. Ben should get a furnace to burn our currency instead of his printing press, so he can manage doing that faster -g- Below 80 we'll get into a fast deterioration of the dollar, much higher rates, and the end of so-called "goldilocks" based on inflation lies. The bubble is all in bonds. Stocks are fairly valued at 4.7 % 10-year rates, but 4.7% 10-year rates aren't real at 10% real inflation. Not to mention all the ridiculous spreads for bonds, and some of them are blowing up at an alarming rate, which is exactly why the Fed is engaged in printing massive amounts of dollars. I think we are going into the crisis mode some time within 1-2 years, simply because I don't know what rabbit the Fed will pull out of their hat. No rabbits left. It's payback time, John Law style. The dollar is not going to strengthen when US economy weakens, it's going to fall off a cliff.