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 (7073)	5/8/2008 7:11:10 AM
From: Giordano Bruno	Read Replies (2) \| Respond to of 71456

May 08, 2008 Soros Agonistes George Soros has taken the unpopular side of many economic bets over the years. He has not only lived to tell the tales. He has made himself and his investors untold billions of dollars in the process. Now, as the markets seem to be recovering and the clouds parting, Soros claims that what we are seeing now is a bit of a "bear market rally." If that is the case, investors buying into it will be crushed beneath the wheel of a vicious market reversal. The Wall Street Journal writes that Soros recently said “The markets are breathing a sigh of relief but the fallout in the real economy is only now beginning.” Soros does not even bother to say that there is any light at the end of the tunnel. While Soro's view is a minority report, it is one from a man who has made his bones on good judgment set against bad economic forecasts. He looks at the world and says that the write-offs and damages to the financial systems have a ways to go. If he is right, all hell is coming. Douglas A. McIntyre