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: gregor_us who wrote (15676)	12/21/2008 9:13:25 PM
From: Amark$p	Respond to of 71412

agree, would not be surprised to see Yen start to fall

To: gregor_us who wrote (15676)	12/21/2008 9:22:35 PM
From: TH	Respond to of 71412

gregor, <So, it's not easy for anything to crash.> Yes, and this is a concern for me with regards to short-term trading. Nothing will crash, nothing will really rally, for this is no clear reasons for anything to make any real move against anything. Every other week we get a new shovel full of news that one week says the EU is going to implode and the Euro break apart, and the next week we get written notice from Ben that he has purchased ink, paper, and a whole lot of presses. My point is that fundamental trends are very hard to discern and even I question my thinking of the Euro/Dollar when I read that Europeans loaned three trillion to emerging markets/nations and repayment is at risk. Or cash is king, cash is trash, is it Tuesday or Friday? Long term I think the dollar must be toast, so I position that way and try to survive the daily chaos we have in the currency markets...which should not be having 2 and 3% swings in a day! GT TH

To: gregor_us who wrote (15676)	12/21/2008 11:00:26 PM
From: NOW	Respond to of 71412

So you think. The highs are in? Yen

To: gregor_us who wrote (15676)	12/21/2008 11:09:08 PM
From: axial	Respond to of 71412

You are sooo right... Japan sees record drop in exports Japan posted a trade deficit of $2.5bn (£1.7bn) in November as exports fell at their fastest-ever rate, the ministry of finance has said. Exports were down 26.7% from a year earlier, the ministry said, as a strong yen and the global economic downturn blunt demand for Japanese goods. Japan typically runs a trade surplus due to strong demand for its products. Japanese media are speculating that car maker Toyota may be about to announce its first operating loss in 71 years. Output slashed Japanese exports fell sharply to all areas but those to the US were worst-hit, plunging 33.8% - also a record drop. Shipments to the European Union were down 30.8% while those to China fell 24.5%, the biggest fall since 1995, said Reuters news agency. Exports to the rest of Asia declined 26.7%. Imports were also down - 14.4% overall - due in part to lower oil prices. Car makers such as Honda and Toyota have cut their output and their profit forecasts in an effort to cope with the decline in demand. Toyota is due to announce its next profit forecast on Monday. Some Japanese media have been speculating that the firm could be about to announce its first operating loss in 71 years. Other media say it may post a small profit. Japan's economy - the world's second-largest after the US - has slipped into its first recession in seven years after two quarters of negative growth in a row. The government has forecast zero growth in the year ending March 2010. news.bbc.co.uk Jim