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

To: Cactus Jack who wrote (2230)11/13/2007 3:51:07 AM
From: Real Man  Read Replies (2) | Respond to of 71477
 
Maybe they give me another dip tomorrow to sell the Yen and
rotate to physical gold. That would be nice -g- The herd is
running into treasuries for now, until they realize those
bonds aren't safe either. Yen is up along with everything else
again against the dollar. That's a sea of change. The dollar
drop is no longer driven just by the carry trade, it's broad
based foreign selling of defaulting securities.



To: Cactus Jack who wrote (2230)11/13/2007 5:20:46 AM
From: Real Man  Read Replies (1) | Respond to of 71477
 
I think 4 digits for gold will be coming, then 5. Banks are
unsafe, brokerages are unsafe, currencies are unsafe,
government bonds are unsafe (still regarded as safe). This
is an early stage of a huge BK. Expecting much more to come.
Zooming gold price is never a good thing. We got a 50 bucks
sale. I'm buying it. BWDIK?


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