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


To: Real Man who wrote (15424)12/12/2008 10:45:32 AM
From: Box-By-The-Riviera™  Respond to of 71400
 
i can't wait.

nice chalet in swiss land. thank you bernie, my bestest friend.



To: Real Man who wrote (15424)12/12/2008 10:52:02 AM
From: jvbigo  Respond to of 71400
 
The noise he hears is a huge bear..

youtube.com



To: Real Man who wrote (15424)12/12/2008 11:02:24 AM
From: Secret_Agent_Man  Respond to of 71400
 
youtube.com



To: Real Man who wrote (15424)12/12/2008 11:19:00 AM
From: Riskmgmt  Read Replies (2) | Respond to of 71400
 
Vi

Which on your list is the strongest currency

Bank Rates - New Zealand NZD 5.00%
Bank Rates - Australia AUD 4.25%
Bank Rates - United Kingdom GBP 2.00%
Bank Rates - United States USD 1.00%
Bank Rates - Canada CAD 1.50%
Bank Rates - EURO EUR 2.50%
Bank Rates - Switzerland CHF 0.50%
Bank Rates - Japan JPY 0.30%

Clue it ain't the NZ!!

Longer term you are probably right about the $ but while there is fear ww, don't bet the farm on a $ short especially against another paper currency.



To: Real Man who wrote (15424)12/12/2008 1:19:36 PM
From: gregor_us  Read Replies (1) | Respond to of 71400
 
I think it makes sense for corporations globally to start doing alot of their borrowings now, in USD. Instead of hedging out the total exposure, they could simply collar the upside risk to USD strength. In terms of carry, funding currencies are often thought of as being used merely for speculation. However, we could see a renewed flood of Yen and USD based corporate and sovereign borrowing.

In general, I see funding currencies as global credit cards. When the rates are low and risk is moderate, it's as though everyone's line of credit in the world has been increased.

I assume the FED has figured out by now that since they are all-in on their reflationary bet, the simply have to get the USD back to a weakening phase. Of course, there are risks in that.

I don't see a currency crisis just yet, with the USD. Actually, there is growing risk that the world reflates and then the true calamity unfolds in 2012/2013/2014.

G



To: Real Man who wrote (15424)12/14/2008 1:54:10 AM
From: maceng2  Read Replies (1) | Respond to of 71400
 
The fate of the USD is of interest to me these days, most of my non pm based assets are in USD's. Here is the "short view" explanation by John Authers.

ft.com

it begs a question though. Yes the vix fits on the overlay nicely and explains it all wonderfully. Soooooo..... if I was some big shot at the Fed, and wanted the USD supported... how could that be achieved?.... hmmmmmmmm.

It couldn't be plainer in my view.