SI
SI
discoversearch

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: LTK007 who wrote (10967)9/11/2008 3:11:25 AM
From: GST2 Recommendations  Read Replies (1) | Respond to of 71484
 
<i do NOT believe CBs are stronger than the traders world> I agree 100%. What central bankers can and will do though is wait till the herd has a nervous feeling and then they will all shout together, as loudly as possible, BOO, hoping to turn the herd in another direction and let them stampede off as herds are wont to do. But if the herd only turns because somebody said 'boo', then you are likely to see the herd looking back over its shoulder and wondering 'why are we running this way, when we know we should be running that way'? At some point the herd comings stampeding back and runs right over the central bankers -- no matter how loudly they shout BOO



To: LTK007 who wrote (10967)9/11/2008 11:21:28 AM
From: Real Man  Read Replies (1) | Respond to of 71484
 
Ah, Max... We now have to add the G7 meeting in March 2008 to this chart
for yet another reversal <G> As long as CB cooperation exists,
i.e., they want the same thing, they can swap gadzillions.
While the Bretton Woods was abandoned, it seems from this
chart that major currencies are allowed to fluctuate within
certain limits. Now, gold is another story. <G>