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


To: RockyBalboa who wrote (1308)10/5/2007 8:42:33 AM
From: Paul Kern  Respond to of 71407
 
Dollar Jumps On Strong US Payrolls Data

Last update: 10/5/2007 8:31:35 AM
(MORE TO FOLLOW) Dow Jones Newswires
October 05, 2007 08:31 ET (12:31 GMT)



To: RockyBalboa who wrote (1308)10/5/2007 8:46:40 AM
From: Real Man  Respond to of 71407
 
Easy - these numbers are manufactured to be just right. The
August number was revised higher. Fed needed justification
for a cut back then, so it was manufactured to be lower. These
numbers are just BS, they have no meaning, except to push
prices around -g-



To: RockyBalboa who wrote (1308)10/5/2007 9:32:24 AM
From: Real Man  Read Replies (2) | Respond to of 71407
 
But... we have to see if the foreign sellers who emerged after
the Fed's cuts will use this bounce to sell some dollar holdings.
Everyone knows these numbers are fake and worthless. Birth/death
model (not actual numbers) supplies between 200K and 300K.
Gold is already
trying to bounce. At some point lies will be called by Mr.Market,
and will actually go against the liars. Most likely it will be
the dollar market that disciplines reckless government and the
Fed.