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

To: carranza2 who wrote (13429)	10/24/2008 7:33:20 AM
From: Real Man	Read Replies (1) \| Respond to of 71456

Right. Our stuff is fundamentally next. We'll get a run on USD soon. This smells orchestrated, since the creators of the derivatives mess - C, WFC, BAC, JPM - all rallied from July lows. It will come to get 'em. US desperately needs buyers for all the new T-supply. Will they get buyers or no foreign bids?

To: carranza2 who wrote (13429)	10/24/2008 11:28:23 AM
From: Riskmgmt	1 Recommendation Respond to of 71456

<<You know, I just don't know anymore. This is too wild, too outta control.>> Took the words right out of my mouth. I have listened to Faber and Rubini and scoured the blogs and looked at graphs and read the comments and arguments of the brightest on SI and elsewhere and nothing explains the current happenings except panic and rush for safety. Safety being perceived as T-Bills and USD (even temporarily). What is crystal clear to me is that things are changing fast and no theme lasts long, stay too long and gains evaporate. Be it Real Estate, stocks, EM, Oil, commodities, PM's or currencies. one has to be in a constant trading mode with stops in to keep any gains. If this is any guide, then Vic is probably right that the USD gains will be lost as well in the not too distant future. Same with Yen. I closed out my Yen because like the USD there is every reason for it to weaken. Japan is an export nation and a strong yen just exacerbates their problems. Japan has been in a 20 year recession, their real Estate prices still stagnant since the crash of the 80's. The easy money has been made on the short side and I am watching for the turn in Yen and usd being on the short side of that will be worth the wait. IMO.