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

To: LTK007 who wrote (10473)	8/16/2008 12:25:30 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71455

It is difficult to accept that the dollar crisis is over. There are actually too few dollars around. Looks like the demise of the EUR opened the spigots, finally... Players trying to cover dollars sell everything else, in several rounds, this includes currency alike metals. I looked around and found that particular in the less liquid metals there is little buying interest, even at todays deflated prices. Palladium traded at 600 and is now a lot below 300, and still no buyers... Some folks like me who bought the dip and looked for a bounce which didnt occur sell again. Selling begets selling... has it been a big bubble, in the end? They called it dislocation into soft currencies, raw materials and away from financial assets and this dislocation is correcting itself. As for the oil: The best cure against high prices are high prices.