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


To: ggersh who wrote (9523)7/13/2008 5:19:03 AM
From: Real Man  Read Replies (1) | Respond to of 71475
 
The smell of a start of US currency/banking crisis is certainly here
now, but the Central Banks smell it as well. Trade carefully
this week, as the move UP for the buck and the stock market
could start this Monday. If it actually happens, things will turn very,
very ugly in a hurry. See the thread head. But then of course, CBs
got 777 lives and teeth, and they gonna bite this one with
full force until death, so the probability is very low.

How ugly can this be?

USDX = 50

UST > 10%

FF = 7-14% (IF BEN RAISES, and he's not gonna)

SPX < 500

90% of all banks fail.

A multi-trillion dollar flight from US assets.