SI
SI
discoversearch

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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (5410)3/24/2008 7:18:45 AM
From: Real Man  Read Replies (2) | Respond to of 71455
 
Ascending Triangle .... 24, then off to the races?




To: RockyBalboa who wrote (5410)3/24/2008 7:50:13 AM
From: Real Man  Read Replies (1) | Respond to of 71455
 
Well, let's see. Fed used up 2/3 of its account. I think this
will go up a bit now due to lower rates and desperate measures.

What then?

2 things:

1) Fed will be increasingly reluctant to lend more, which
will lead to more meltdowns.
2) The market will start pricing currency risk, since
any substantial increase of the Fed's account is major
printing.

Quite a few folks including me expect SHTF at that point,
which is natural, as this was the last very desperate measure.
Be careful getting long that clownbuck. Some folks seem to
think a "dollar rally" and "deflation". I don't think so!
A melt is on the way...