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

To: Real Man who wrote (6608)	4/26/2008 5:42:00 PM
From: ggersh	Respond to of 71456

Actually there really isnt anything an institution, i.e. Fed, CB's can do. The vault has been opened to the rest of the world. China and Middle East countries can stop "Financial Armagedeon" only by taking the money out of circulation and stop all building they are doing. Or just buy the U.S. Fed target rate IMO don't matter as I believe like BG of PIMCO that rates are going higher. I think you think that also as the begining of the Treasury meltdown has begun. Why get negative return when in semi-real world you can get upwards of 10%..... BWDIK

To: Real Man who wrote (6608)	4/26/2008 6:34:21 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

April 30 could be the next acid test for the currency. It starts with the BOJ decision, later the day the widely watched European CPI is due along with UK and European Consumer confidence. Thereafter some more or less meaningless US numbers (US GDP, Consumption expenses) come in and if that was not enough the fed decision is due in the afternoon. Looks like traders have a busy week; with payroll data due on May 2nd. The program would call for a further steepening of the curve with treasury losing a bit more ground, and lots of USD buying, at least until the fed decision. Equities could see a surprise run because of good numbers (+ the fed). Then it´s monthend and CTAs want to seal another good month meaning there must not be any significant reversals. They could come in May, circa May 13, when things get funky again.