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: Real Man who wrote (18331)	3/6/2009 4:11:23 PM
From: ggersh	Read Replies (1) \| Respond to of 71456

Can't argue with you on all that. Jap scenario here not an option IMO

To: Real Man who wrote (18331)	3/6/2009 8:56:10 PM
From: gregor_us	6 Recommendations Respond to of 71456

What's good in 2009 is at least a couple of asset classes have finally started to behave in line with plain old supply and demand. First, the JPY, which I railed against for like 6 months finally fell. Second, sovereign debt--senior sovereign debt--peaked in December. I have said the 27 year bull market in that stuff is over. I stick with that. Next, Gold worked. And I think it will continue working but I have a non-trading definition of gold in this period which is that I believe it works higher on roughly 3-6-9-12 month periods. Gold will close 31 DEC 2009 higher than it did on 31 DEC 2008. Finally commodities, generally, have now bottomed. Not because of any notable industrial recovery, but, because this is a collapse and in collapses production gets yanked much more quickly than it does in pain vanilla recessions. What doesn't make sense yet are global equities. I just disagree that the vast majority of stocks should take a beating. Of course, you can understand it because the Anglo-American banking system is busted. Since it will be harder for currency pairs to make huge moves because everyone is debasing, I think what's brewing now is that the USD, for example, will fall against stuff--not so much against the Euro, etc. But the action in the JPY and sovereign debt, that is very encouraging. It's helpful to all other markets when certain assets stop trading off of dislocation, and start trading more in line with value. G