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


To: Real Man who wrote (12074)9/30/2008 2:56:00 AM
From: SARMAN  Read Replies (1) | Respond to of 71456
 
Here is Ron Paul's take on the dollar.
Ron Paul: Bailout Will Destroy Dollar, World Economy

prisonplanet.com
Watch the clip.



To: Real Man who wrote (12074)9/30/2008 7:21:06 AM
From: TH  Read Replies (4) | Respond to of 71456
 
Vi,

Thanks for your thoughts. It is clear that only a coordinated effort by CB's can support the Dollar, I just wonder when it ends.

As for the bailout package, the hunch is that there will be another attempt later this week. I expect a difficult week for equities, even if we get a bounce. The bounce won't last, as a lot of funds will sell to meet redemptions.

As for gold, I still maintain that it is just as managed as every other corner of the market, but it appears that the available physical is drying up, again. Awareness that there is no bullion to buy will be the ultimate driver of those multiple hundred point up days in a row that many are expecting.

GT
TH