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


To: stan_hughes who wrote (1361)10/7/2007 1:25:30 PM
From: RJA_  Read Replies (2) | Respond to of 71456
 
Stan, I was out walking with a friend this morning... his take on currencies and PM's is as follows:

1. Hillary has a lock on the Dem Nomination, and therefore on the Presidency.

2. She will put someone sensible in as Treas Sec, like Bob Rubin.

3. Taxes will be raised.

4. War in Iraq will be ended.

5. US will move toward budget balance.

6. Markets will look ahead and see this.

7. Therefore USD will strengthen, effecting Gold and foreign currencies.

My response was, well, yeah, but meantime we have the decider still in occupation with supporting minions, and till that ends anything goes.

However, as we get closer to election, some of that support may slip (the ones who can count, and are up for re election).

Thoughts on above?