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

To: saveslivesbyday who wrote (1073)	9/20/2007 8:04:16 AM
From: zamboz	Read Replies (1) \| Respond to of 71445

Exports will increase. However, the price of oil will hurt.

To: saveslivesbyday who wrote (1073)	9/20/2007 8:32:58 AM
From: Real Man	Respond to of 71445

From a dollar crisis? None. They are short term thinkers, so they decided to bail out bankers under political pressure, trying to yap to support the dollar. Tough yapping and a 50 bp cut just don't go together, the dollar is dropping. 78.80 now.

To: saveslivesbyday who wrote (1073)	9/20/2007 9:07:05 AM
From: Real Man	Read Replies (1) \| Respond to of 71445

The Fed tried to TALK tough, while cutting 50 bp. They just lost all credibility. Now tough talking won't work. This is very dangerous imho. Treasuries are getting sold today along with stock futures and the dollar. This might just be the beginning of the HELL to follow: 10-15% 10-year rates, DOW=5000, USDX = 40. Trade deficit number will sure be bad with oil hitting 82. How much treasury paper do foreigners hold? Most of it.