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

To: the navigator who wrote (3329)	1/14/2008 4:42:29 PM
From: Bubble Watcher	Read Replies (2) \| Respond to of 71455

I think the dollar was intentionally depreciated to address the balance of trade. I think the target price has been reached. I would not be surprised if this plan required the Fed to keep interest rates up and that resulted in the surprise which is referred to as the subprime problem. I think gold has been allowed to rise as part of that plan. I wouldn't be surprised to find the Treasury's gold assets are in good shape. I would think that the US could take advantage of automated factories with less union labor preventing it for manufacturing starting in the US. I would expect that things are timed for the political cycle to look good for incumbents (implies the democrats are in on it.) I expect agriculture, factory automation, factory building, and railroads to look pretty good for a couple of years. I would think foreign direct competitors of US firms which can take advantage of factory automation and cheaper dollars would not be good to own. Of course this ASSUMES that the plan exists, is somewhat successful, and doesn't hit any "black swans." BW p.s. Anyone who was surprised by the subprime fiasco, didn't really understand FANNIE MAE's ads a couple of years ago to the effect "we are making sure people who are not credit worthy can get home loans."