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

To: Real Man who wrote (16508)	1/21/2009 4:09:09 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

Sterling made an impressive 3c turnaround today, and GBPJPY... will see if only for technical reasons. EDIT, EUR and pound in afterhours casino... further up. TBT finally showing some gains..

To: Real Man who wrote (16508)	1/22/2009 1:50:06 AM
From: maceng2	Read Replies (1) \| Respond to of 71456

I guess we should thank Jim Rogers for letting us know that the GBP horse has bolted and it's time to shut the stable door. Rogers said the currency will fall below its record low of $1.0520 reached in February 1985. For that to happen, Rogers must have good faith in the USD, and if I remember correctly, he has been down on the USD in the past. Has he changed his mind on the USD? I would like to know what has changed re the USD, it's a pillar of strength right now and it's starting to look like a long way down. It's all sounds bites only type of talk as far as I can see. Like you suggest, I think this is news designed by people with exit strategies. For things UK, I like to hear what Roger Bootle has to say. He predicted a stable door would be left open and a horse would bolt in the UK property market at a point when few believed him. He is on my short list of sharp cookies who report what they think. telegraph.co.uk telegraph.co.uk