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

To: axial who wrote (15950)	1/2/2009 11:43:23 AM
From: 8bits	1 Recommendation Read Replies (2) \| Respond to of 71456

Six months ago, nobody - nobody, not Roubini, not Mish - was predicting USD would be as strong as it is now. There's a logical explanation for what appears to be a temporary phenomenon, but USD defying gravity - even temporarily - was completely unexpected. In May of this year I believe Marc Faber was predicting a rise in the dollar (saying it was oversold..) and an a eventual drop in commodity prices (saying the were overbought..) but for the future he is predicting an eventual reversal of those conditions. Roubini has been predicting a substantial decline in the USD since at least 2004.