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


To: Tommaso who wrote (16756)1/27/2009 10:30:36 AM
From: Real Man  Respond to of 71454
 
The pound can sure drop. The question is, against what?
We are not in any better shape. -g-



To: Tommaso who wrote (16756)1/27/2009 10:32:06 AM
From: maceng21 Recommendation  Read Replies (1) | Respond to of 71454
 
I don't think we have seen the bottom on the UK pound yet, mainly 'cause the US stock market has yet to crash properly.

The oil has little to do with it -g-



To: Tommaso who wrote (16756)1/28/2009 8:22:16 AM
From: Real Man  Read Replies (2) | Respond to of 71454
 
Interesting stuff about Japan - it's GDP kept growing for
6 years after the 80-s bubble popped - perhaps, due to all the
government jobs they created. Then the Yen peaked when it
started falling... Japan only had negative growth between
1997 and 2003, and it was a relatively minor fall of the GDP.
US had growth this decade after the dot com bubble collapsed,
but the real growth of GDP was just a whole lot slower than
during the 90-s

Message 25361062



To: Tommaso who wrote (16756)1/29/2009 9:09:31 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71454
 
For now they have a nice pound rallye going, scratching 1.44...interesting. Must be a better sell opportunity soon.