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

To: Real Man who wrote (976)	9/14/2007 6:03:18 PM
From: RockyBalboa	Respond to of 71409

Of course, the 1.00 level is less relevant, fundamentally but the canadian dearer than the US will have a ripple effect, psychologically .. much like when the british pound established itself over $2.00 earlier this year and just stayed there, after the volatility was traded out of the chart. There s always the other side of it. People becoming concerned about the local economies, like in the UK today. Mortgage companies are infected by the Alt A flu´ and the pound goes under... the unlikely winner is the Euro which just defies any gravity.

To: Real Man who wrote (976)	9/14/2007 7:09:48 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71409

Global reflation efforts... The ECB has installed higher amounts of loans in their OMO, for a few months, and not only daytoday. This is not about plumbing some overnight settlement holes...this is about keeping the patient alive.. Like an alcoholic requiring higher doses on a prolonged basis... ecb.int Key figures for outstanding open market operations Main Refinancing Operations Longer-Term Refinancing Operations Other operations Settlement date 12-09-2007 28-06-2007 26-07-2007 24-08-2007 30-08-2007 13-09-2007 Maturity Date 19-09-2007 27-09-2007 01-11-2007 23-11-2007 29-11-2007 12-12-2007 Minimum Rate (bids) 4.00% --- --- --- --- --- Marginal Rate 4.14% 4.11% 4.20% 4.49% 4.56% 4.35% Weighted Average Rate 4.17% 4.12% 4.20% 4.61% 4.62% 4.52% Allotted Amount * € 269 bn € 50 bn € 50 bn € 40 bn € 50 bn € 75 bn (*): + [plus] indicates liquidity providing and - [minus] indicates liquidity absorbing operations.

To: Real Man who wrote (976)	9/15/2007 1:11:23 PM
From: Tommaso	Read Replies (2) \| Respond to of 71409

A bet against the USD looks to me like a pretty low-risk bet, so long as one is not using 20-to-1 leverage. I favor the yen, but gold may also work. I read something somewhere in the last 24 hours to the efect that Middle Eastern oil producers and Russia (or their banks) have been buying gold. Do you know anything about that?

To: Real Man who wrote (976)	9/15/2007 1:14:45 PM
From: Tommaso	Read Replies (1) \| Respond to of 71409

Not recommended! scripophily.net

To: Real Man who wrote (976)	9/23/2007 4:04:27 PM
From: RockyBalboa	Respond to of 71409

Here's some good news for the math impaired - it's easier than ever to convert your US dollars into Canadian dollars. They're worth the same amount! "$1US = $1CAD Of course, this is generally considered bad news for the United States economy. The Canadian dollar, called the loonie because a loon is engraved on the dollar coin, had not been at parity with the U.S. dollar since 1976, but it's been climbing steadily against the greenback for the past several years. blogs.courant.com