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


To: ggersh who wrote (12837)10/9/2008 8:27:28 PM
From: Real Man  Read Replies (1) | Respond to of 71454
 
LOL! The downgrade won't happen - SP rates it. But... Subprime
AAA stuff tanked to 30c on the dollar long before it was downgraded. <g>

We probably redeemed the money in crashing foreign markets into
treasuries (old habit), and this contributed to the dollar rally,
while making our international investment position worse.

Gold going. Above 920-925 strong resistance at the moment, but
will it hold? Edit - got whacked.

Why didn't Ben cut alone? He is scared. Of Argentina.
He knows.

The DOW can fall a whole lot further in "Argentina" scenario.
How about 3K? Gulp! Forget that AIG is now out and bankrupt,
GM will be soon.