Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TH who wrote (12865)	10/10/2008 12:32:37 PM
From: Real Man	Read Replies (1) \| Respond to of 71456

It's derivative related - carry trade risk aversion. Low interest currencies rally, high interest currencies get dumped. Yen rallies. Euro gets dumped. Gold is probably attacked in London, or forced COMEX longs liquidation. A relatively small market, and heavily manipulated. USD + UST dumping is the last thing Hank and Ben need, and the gold spike may trigger that. So, there could be a brutal attack on gold (on comex) to show everyone it's not a currency. G7 already did that in March with IMF gold sales.

To: TH who wrote (12865)	10/10/2008 1:29:20 PM
From: dybdahl	Respond to of 71456

What about this: As the American consumer needs to reduce their economy, the sellers are American and the buyers are foreigners, increasing the value of the dollar? Anyway, the World Bank is having another crisis: foxnews.com I wonder what kind of money is paid to hackers to gain access to unpublished data.

To: TH who wrote (12865)	10/10/2008 2:46:24 PM
From: Killswitch	1 Recommendation Read Replies (1) \| Respond to of 71456

This is a world-record worldwide margin call. Everything will be sold to raise cash, including selling foreign assets and repatriating Dollars. All asset classes will be sold, including the safest stuff locked away in people's sell-at-last-resort stash, gold and US Treasuries. Jesse says rumor is JPM, GS, etc. raised margin requirements massively this week on their fund customers with the payment deadline on Monday. This feels like multiple margin-related market dumps in 2000 - 2001 period all lumped together.