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

To: Amelia Carhartt who wrote (13252)10/21/2008 9:38:34 PM
From: Don Earl1 Recommendation  Read Replies (1) | Respond to of 71456
 
Yeah, sure. With the US economy at the mercy of any foreign power that wants to run us into the ground by flooding the market with fiat USDs, no problem. It's all sweetness and light.

For example, let's say someone with a lot of oil spent a year selling real oil for unreal dollars, then decided to dump the dollars? What do you suppose would happen.



To: Amelia Carhartt who wrote (13252)10/21/2008 10:21:58 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71456
 
As if it was not enough during the day, the EUR was sold off below 1.30 in asia. The defense at 1.30 was immense and seemingly invincible, but after 20 minutes drumming it got sold and it cracked.

We soon have a EUR crisis...



To: Amelia Carhartt who wrote (13252)10/22/2008 5:03:47 AM
From: Real Man  Read Replies (2) | Respond to of 71456
 
It has. Time to close this thread.


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