Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (109014)	3/11/2008 10:31:00 AM
From: Hawkmoon	Respond to of 306849

I think the most important aspect of this is that it seems to include coordinated central bank activity, not just the Fed.. And logic would dictate that the bears might think they can take on one Central Bank.. but it would be financial suicide to take on a coordinated CB effort.. Lord knows the ECB has reason to be concerned about the price of the Euro.. And they also know they "owe" us because of our interventions to support their currency during the strong dollar days back in the late '90s. And the Japanese are freakin' out as well.. They certainly don't want to see the Yen/USD break below 100 yen to the dollar. And if Jimmy Rogers is correct, he's expecting a sharp spike rally on the USD. And that should create a bit of panic in the commodities markets (which have been used as a hedge on the declining dollar). Hawk