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

To: Amelia Carhartt who wrote (12130)	10/1/2008 9:44:55 AM
From: zamboz	Read Replies (1) \| Respond to of 71456

Looks like it might test 80 again today.

To: Amelia Carhartt who wrote (12130)	10/1/2008 10:46:20 AM
From: Real Man	Read Replies (1) \| Respond to of 71456

The Central banks are well aware of that, and the dangers that plague the US currency. BIS warning was out there years ago, and it was reiterated several times, most recently this year. It seems, we have a) seen some intervention b) seen some deflation inflows, as the World needs dollar liquidity. c) seen the libor rate rise dramatically, a lot more than the TED spread suggests, as the libor data is likely flawed. There is Volcker out there, and that Volcker is Mr. Market. (b) and (c) is essentially the same reason. It's temporary... until the next big intervention, that is. The fundamentals are still horrible.