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

To: RockyBalboa who wrote (5156)	3/17/2008 7:24:41 PM
From: Real Man	Respond to of 71462

Well, you are not the only one. There has been some damage to Fed's credibility in the past 7 months, I am afraid, as some dirty facts became obvious to everyone. I heard just 1 voice back in 2004, and that guy Bulldog was dismissed as a lunatic after he wrote this (first part of it only): dailyreckoning.com Over the past year these futures-driven wonder rallies in stocks became suspicious to everyone, especially after a couple of surprise cuts. -g- Not to mention that in the absence of control today probably would have been a massacre. Still posts his thoughts on Prubear forum boards.prudentbear.com His faith is that the dollar goes down far, all the way, because of this. I don't necessarily agree, but I respect his view, and the Fed is indeed at crossroads. One road leads to the dollar crisis, the other road leads to hyperinflation. The latter is the road of constant bailouts.

To: RockyBalboa who wrote (5156)	3/17/2008 7:45:31 PM
From: Real Man	Read Replies (2) \| Respond to of 71462

Perhaps, the most astonishing is to see a whole lot of bottom callers that emerge whenever the dollar rallies 1 percent, even today, and the dollar is DOWN today, actually. It dropped 6% in a month and is literally crashing. That, given pretty rotten fundamentals, and the never ending slide down. However, the top for commodities and gold has already been called, ditto the dollar bottom. And, when the dollar stabilized from the sharp fall this Fall in November- December, everyone came out and said it's gonna rise, cause it's not falling anymore. I gather, it ain't. Some day. -g- Guess what? The dollar is down from 82 to 71 in as little as 7 months, almost 14%. This IS a currency crisis, by a strict definition of a 25% annual fall.