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


To: Real Man who wrote (4925)3/12/2008 6:35:41 PM
From: RockyBalboa  Respond to of 71455
 
Todays moves have been exceptional not only in its size.
As you suggest we are near a crisis in that pretty all currencies move the same regardless how weak or strong fundamentally. In a crisis, correlations reach one.

A friend asked me, how is this possible that hardly anyone "takes profits" in currencies or gold, like selling some stock after a run up.
Well said I, "Here I exchange one currency for another. I dont buy stocks or an asset. Why should I realise profits by exchanging the position just into the currency which is weaker for years (to come) anyways?"



To: Real Man who wrote (4925)3/12/2008 7:52:58 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 71455
 
IMF forbes.com