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

To: Real Man who wrote (1326)	10/6/2007 8:07:49 AM
From: Box-By-The-Riviera™	Read Replies (2) \| Respond to of 71405

interesting. i'm told vietnam is no longer supporting the dollar.. they can't take the inflation, qatar has reduced dollar reserves from 90 to 40 percent..., saudi for the first time did not lower rates in lock step with the fed.... the handshake is starting to fall apart....

To: Real Man who wrote (1326)	10/6/2007 8:16:24 AM
From: stan_hughes	Read Replies (1) \| Respond to of 71405

I agree, we may be getting close to the magic tipping point. IMO it won't take too much more official BS out of Washington (e.g. job creation for the dead using the birth/death model, and domestic inflation only being 2%) to put US credibility on a par with something along the lines of the Philippines under Ferdinand Marcos. Some might even say that we're there already. When people cease to believe official numbers, that throws the door wide open to speculation and rumor about what the real figures might be, which only leads to market chaos

To: Real Man who wrote (1326)	10/6/2007 8:37:54 AM
From: re3	Read Replies (2) \| Respond to of 71405

can BB regain some credibility by being neutral with rates the next time around ? currencies don't normally move a percent and a half a day. but the loonie did on friday and it seems like "yesterday" that it was "only" 85 cents. now 1.02 wow, all you american traders could have just bought fxc...shoulda coulda woulda ! so maybe the US dollar move is overdone ? if foreigners move away from US assets, what are they moving to (in size that is?) do you think the Cdn loonie is sustainable at being higher than par with the US ?