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


To: LTK007 who wrote (11118)9/15/2008 4:35:56 PM
From: Real Man  Read Replies (1) | Respond to of 71463
 
A 50-75 bp cut should do the trick tomorrow. It's
a rule, although the markets just priced in 25, all
of it today. <G/NG>



To: LTK007 who wrote (11118)9/16/2008 9:20:38 PM
From: TH  Read Replies (3) | Respond to of 71463
 
Max,

Why the hell is gold NOT protecting from me from this Fed and Treasury madness?

And our dollar is bouncing in this tight range for three days? I guess the repatriation of all those dollars is putting in a bid, but how long can that go on for? I think all the assets are gone <g>

Seriously, this is nonsense. Why is gold not doing it's job.

We had no dissension with the Fed decision today, and from my perspective, that was a subtle shift in bias from the complete bullshit <we are going to raise> to <now the door is open to cuts if all this risk to growth materializes>.

Maybe I've just morphed into a full blown goldbug, but I seem to recall these actions are why I bought gold. And we are not even yet to the stage of facing the music on what to do about state and local bailouts. Gold is not smelling any of that, and gold is supposed to be a pig looking for truffles when it comes to that kind of thing.

GT
TH