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

To: MythMan who wrote (376)	7/15/2007 8:42:08 PM
From: Real Man	Read Replies (1) \| Respond to of 71446

I don't think a peaceful decline is possible now after years of pumping and 500 Billion of leveraged hedge fund money doing LTCM and counting on it, it's either further up or a rapid BK. We've seen on Feb. 27 how rapid it can be. But, of course, that stuff was quickly corrected with an injection of liquidity and lowering margin requirements for Market Makers on CME. So, I think, either we have DOW-17000 by the end of the year, or we have an epic BK somewhere in between -g-

To: MythMan who wrote (376)	7/15/2007 9:36:52 PM
From: Real Man	Respond to of 71446

Furthermore, if liquidity is NOT injected on time, there is some risk of BK now, since it tends to be a rapid thing. -g- Given where the dollar is, I did expect the Fed to be a bit concerned doing more coupon passes now. They will do so at the last moment. Yes, I agree, the only thing that can stop this process is a dollar crisis, with foreigners actually dumping USD instead of buying and storing them, and that's why the Fed is concerned. Everyone can see "80" and abyss written on the dollar. Given the leverage, BK could arrive out of nowhere, with the Fed unable to stop it. There is this risk, and they need to print on time -g- With the market at new highs, they just might not print again this week, and such things could prove to be fatal quickly -g-

To: MythMan who wrote (376)	7/16/2007 1:09:49 AM
From: stan_hughes	Respond to of 71446

Mainly CDN$, Canroys and Canadian junior golds/zincs since early 2003 -- and staying there for the foreseeable future, too, although that party will also end one day