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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (96565)8/23/2008 3:19:33 PM
From: Tommaso  Read Replies (1) | Respond to of 110194
 
>>>not necessary that the dollar collapses much further<<<

Would you consider a 15% decline on average against other currencies to be "much further"?

I am going to make my own plans on the assumption that such a decline will probably happen. The UK may be even worse, as will a lot of other currencies, but I am looking for a 15% decline against SwissFranc/Renmimbi/Yen/Euro/Canadian $/Australian$ and possibly the Russian ruble and other non-euro European currencies plus some Asian currencies.

I won't be speculating directly in foreign exchange because that is like alligator wrestling.