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

To: Gary Mohilner who wrote (2950)	12/14/2007 4:11:03 AM
From: Real Man	Respond to of 71463

It's not a given that other countries will lower their rates despite inflation or continue buying the dollar, but I agree with you that if the dollar plunges to, say, 50, and fast, the World economy could go into a recession or depression.

To: Gary Mohilner who wrote (2950)	12/14/2007 8:08:07 AM
From: Real Man	Read Replies (1) \| Respond to of 71463

Well, it appears USD is moving up, and gold is selling off. I'm putting some hedges on in my trading account against my investments, which are physical PMs. I guess I was a bit too early buying the dip, and we may have a bigger dip with the spec position in gold remaining near past extremes. In particular, with some gold options contracts. So, trying to take advantage of this dollar rally to get more gold through the hedges -g- Da Fed provides subsidies for gold purchases at times. -g-