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


To: 8bits who wrote (15961)1/2/2009 2:01:57 PM
From: El Canadiense  Respond to of 71456
 
Right on Marc Faber...

Marc Faber Sees Possible Dollar Rebound, Falling Commodity Prices, Stocks
Posted Friday, May 2nd, 2008 at 9:22 am

Marc Faber, who was recently added to the Investorazzi.com legends list, appeared on Bloomberg Television this past Wednesday. Dr. Faber predicted that the U.S. dollar may rise against world currencies for the next two or three months, which might send commodity prices and stocks lower. The managing director of Marc Faber Ltd. told Bloomberg in an interview: The U.S. economy is in a recession but that doesn’t mean the whole thing is going to fall apart.

The publisher of the Gloom Boom & Doom report added that:

… relative tightening of global liquidity should be supportive for the dollar and negative for asset markets and commodities.

I recently checked out his videos on YouTube and in late October he was calling the bottom on gold mining shares. They have since rallied an average of 100%

Think i´ll listen closer to Faber from now on....



To: 8bits who wrote (15961)1/4/2009 7:10:10 AM
From: SunSunM  Respond to of 71456
 
I think in one of Prechter's book, he also mentions a rise of USD in a deflationary stock market crash too. Read his book a little too late though.