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

To: Real Man who wrote (5392)	3/23/2008 8:09:25 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71456

Vi I paid a look at your DX chart in the subject. At it seems is 75 in the DX doable, perhaps forming a new resistance. By then some specs should have gone. So far neither the yen nor the zero see a significant bid somewhere. I am also eagerly looking forward to the TAF activities. If anything achieves to take out pressure from the curve its that. Otherwise, it goes nuclear..., so far one can tell, they sell treasuries in advance, albeit only for a small fade.

To: Real Man who wrote (5392)	3/23/2008 8:11:58 PM
From: gregor_us	Read Replies (1) \| Respond to of 71456

Just Monetize, Baby. So, on one hand we have the FED preparing large participants for outright monetization. bloomberg.com And then on the other hand, we have a rather textbook correction in gold underway, that would seem to demand that the old, historical (nominal) high be re-tested. What's that: 840/850? Gold once again did a brilliant job of discounting the very hot action, of Q1. It made sense therefore that the FED meeting, coming as it did near the end of Q1, would be a profit-taking juncture. Message 24398732 This all makes for interesting ripples. Or, rip-tides. Perhaps POG only need threaten to go to 850.00, without making a direct hit. My personal feeling is POG does in fact kiss 850.00 at least once, in the next 90 days. The gold equities, however, like the energy equities may actually be the cheapest they've been in 3+ years. While I no longer invest long-term in the gold equities, I'm not averse to a trade. Pretty much zero has changed in the commodity bull overall, however. The crowd once again, like it has done the past 5-7 years, greets every terrifying correction like it was the end. I need two hands now to count the times oil has "collapsed" to "end the bull run." But let's give the USD its due for a little while. Here at 72.00 (a little above) on the DXY, I think it's fair to say downside risk has slowed. It will resume. But perhaps not for 2 quarters? Thoughts? Gregor