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

To: Giordano Bruno who wrote (3781)1/31/2008 9:43:46 PM
From: Real Man  Read Replies (1) | Respond to of 71463
 
If they keep the peg and don't lower, they create 50 bp. rate
differential, which will be immediately utilized by the carry
traders - short the dollar, long the Saudi currency. Pocket
0.005% by investing.... nothing. So?



To: Giordano Bruno who wrote (3781)2/1/2008 5:53:05 PM
From: Real Man  Read Replies (2) | Respond to of 71463
 
You can see what 83,500 Oz (worth $77M) 10 a.m. dump in London can do
to gold. Sigh. No wonder many bugs are conspiracy theorists.
They can't alter the dollar, not for long anyhow. -g-



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