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


To: Real Man who wrote (1029)9/18/2007 9:18:41 AM
From: zamboz  Read Replies (1) | Respond to of 71442
 
the dollar will start dropping fast and will keep dropping. Nothing will stop that
Until we get new leadership in this country. I bring it up because it is not that far off in terms of investing. Anticipation of a Clinton White House might impact the market early next year. I.E., competency and fiscal responsibility may be behind the dollar again.



To: Real Man who wrote (1029)9/18/2007 9:31:42 AM
From: stan_hughes  Read Replies (1) | Respond to of 71442
 
Are you really Jim Rogers? You seem to hold a lot of similar views LMAO

I watched the crusty old fellow on Bloomberg around 6AM this morning "talking" to Carol Massar and Mike Patterson -- he was absolutely priceless

A link to a very edited version of the substance of what he said is here, although it leaves out all of the good parts and certainly doesn't capture the full flavor of the rants --
bloomberg.com

Basically he ripped new ones in all the WS fund managers for on the one hand paying themselves $10-20-50 million dollars while they were raping the economy, whhereas here on the other hand these same people are now crying for a bailout because the corrective phase has got them losing money. At least twice Rogers suggested that these people should be giving their $10-20-50 millions back because they've been admitting that the gains were all from leverage smoke and mirrors and never generated any actual net wealth gains in the first place

I loved every minute of it -- if they put up a reprint video of it on Bloomberg you definitely have to watch

EDIT -- I found the video -- bloomberg.com