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

To: ggersh who wrote (19675)	4/14/2009 2:07:27 PM
From: LTK007	2 Recommendations Read Replies (1) \| Respond to of 71427

TSR latest chart: we will see. This chart does not update.

To: ggersh who wrote (19675)	4/14/2009 10:27:15 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71427

Right - tomorrow ggg. The yen is probably at investment levels and see, it retook 100. The british pound gained a lot vs EUR, and USD, is that a double top at 1.4950? Or more like a compression with the next move more like 1.55s? Looks like I need to set some triggers. If the market turns up and the yen fades again then buy, and look whether it manages a breakout. If then yen is stable but stocks turn south in Europe, then sell it and watch the paint dry for at least 3c or so. Normally one would say, the Europeans drop the ball when they get nervous.

To: ggersh who wrote (19675)	4/15/2009 6:12:12 AM
From: RockyBalboa	1 Recommendation Read Replies (1) \| Respond to of 71427

There is a new angle in the delicate relationship between the US and Asia including Japan; I am no expert in the car industry - perhaps the local car czar has a better idea - but since U.S. car makers are now a federal affair: -GM has a political angle. The asians can tell the administration: Reduce your excess automotive capacity and we buy some more treasuries from you. If not then, look out and find new buyers for your paper. -So the US government faces a serious challenge; save Detroit and not only risk a few billions there but much more in funding committments from asia. A herodes premium paid to ex-GM workers and lenders is easily affordable if financed by the asians, as they look for after Toyota and their other own automakers. Normally, I would think, the half of the US carmaking capacity is annihilated in the process. (What worked well in other manufacturing and industrial sectors could apply to the car industry as well). More dollars would flow to Japan and China, and in the case of Japan, make the Yen worth more - to stay on topic.