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

To: ggersh who wrote (9975)8/7/2008 4:18:43 PM
From: zamboz  Read Replies (1) | Respond to of 71456
 
I read something about Olympics shutting down Chinese factories and reducing commodity demand. However, the decoupling is far bigger. It makes sense they would "play nice" until after the Olympics.



To: ggersh who wrote (9975)8/7/2008 4:58:57 PM
From: Real Man  Read Replies (1) | Respond to of 71456
 
FCBs bought 34 billion US treasuries from July,30 to August,6.
They sold 6 billion agencies. This is exactly what drove
the dollar and the markets up. It's a boatload.
Apparently they are worried about the agencies, but not
about US treasuries. In the meantime, another billion was
printed, bringing the total this year to 18.5 billion new
monopoly money
federalreserve.gov


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