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

To: stockycd who wrote (1584)10/17/2007 9:42:49 PM
From: Giordano Bruno  Respond to of 71455
 
Good question with todays inflation report the highest in six months.



To: stockycd who wrote (1584)10/17/2007 10:14:18 PM
From: Real Man  Read Replies (2) | Respond to of 71455
 
I think it may be answered by the BKX and the housing index,
it could be flight to safety from poor credit. That and
the dollar peg: a sharp drop of the dollar is forcing
countries that still peg their currencies to the dollar
to buy the treasuries. In particular, someone bought 70
Billion at the end of September. There was no such flow in
August, as the dollar index hardly declined. Maybe also
manipulation to some degree -g-



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