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


To: TH who wrote (11004)9/11/2008 12:02:47 PM
From: Real Man  Read Replies (1) | Respond to of 71484
 
It's a mid-cycle brutal correction, which has been very late.
So, it remains a long term buying opportunity. Gold will
be much higher 5 years from now. It will rise in all
currencies. Fundamentals for the dollar remain rotten,
and the global debt deflation will involve significant
monetization. Note that gold is in a bullish 9-year cycle,
the secular bear market has ended. The secular bull will
end with a bang.



To: TH who wrote (11004)9/11/2008 2:50:29 PM
From: Killswitch  Read Replies (1) | Respond to of 71484
 
My guess is what might reverse the USD rally will be an increasing perception that the FED will cut rates soon rather than stay on hold/raise.

The rumors seem to be beginning today:

seekingalpha.com

After we get past next week's FED meeting I will be watching the rate probabilities to see if the bets for 1.75% start to creep up. They actually do seem already to be creeping up very slightly over the past few days if you look at the far right edge of these graphs, but I will be more interested in seeing the December chart posted here after next week's meeting.

clevelandfed.org

P.S. Looks like the Aussie has clawed back to breakeven vs. USD today.