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

To: Tommaso who wrote (6645)	4/28/2008 12:17:16 PM
From: SG	Read Replies (1) \| Respond to of 71463

Tommaso, A sad note from experience;if the currency moves against you in your Everbank currency play, the loss is not a U.S. tax deduction. SG

To: Tommaso who wrote (6645)	4/28/2008 12:32:50 PM
From: DebtBomb	Respond to of 71463

Thanks Tommaso. I looked at evergreen before and didn't like what I saw. The Fed may create a nice buying op coming up for commodities and foreign currencies IMO. He might try to knee-jerk oil and commodites down. I doubt it though....or else he'll plummet housing and financials, IMO. I would guess his main concern is getting housing up....and that would require more rate cuts and jaw-boning of more, IMO. Either way, he's hosed.

To: Tommaso who wrote (6645)	4/28/2008 12:45:57 PM
From: DebtBomb	Read Replies (2) \| Respond to of 71463

Buffett says recession may be worse than feared "This is not a field of specialty for me, but my general feeling is that the recession will be longer and deeper than most people think," Buffett said. "This will not be short and shallow. "I think consumers are feeling gas and food prices," he added, "and not feeling they've got a lot of money for other things." "In the retail businesses ... if anything, they've gotten a little worse," Buffett said. "Of course, things connected with housing, whether it's in brick or whether it's in carpet, those businesses have shown no uptick at all. Jewelry had a bad Christmas ... and it stayed that way." Buffett sees no respite from the housing slump. "I think this is going to be fairly long and fairly deep, but who knows," he said. news.yahoo.com