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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (69146)	9/18/2007 9:04:22 AM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

Even if the Fed does not cut this time, they will have to cut next time. So US$ is on the way out to be the reserved currency. No, it will not happen overnight. But it may happen sooner than most expect. I wonder what Wall Street would say then? I have to say Grennspan is right in this prediction<g> And I am wondering why when oil price is marching to ATH, while the gas price in the US is going down? The only explanation I could get is either due to the market expect the US economy slowing down, so the consumption will be down, or due to manipulation by GS, etc...