SI
SI
discoversearch

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 (20452)5/21/2009 11:41:06 AM
From: Giordano Bruno  Read Replies (1) | Respond to of 71475
 
Treasury said it will sell $101 billion of new notes next week.

reuters.com



To: Real Man who wrote (20452)5/21/2009 12:32:53 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71475
 
Yes I think the Dollar index tries to tell us something, the pound is weak (and it was an amazing drop) but the dollar ís weaker. By now the pound is green again.

Perhaps that was kind of rhetoric to stop the drop of the dollar for a few hours but thats it.

The pound recovered all its losses during todays trading session. I´d hardly bet a dime on something like this but if the market demands it?
If anything else this is a bullish sign and the dollar will perhaps see even more selling. The DX fell back to 81 again.



To: Real Man who wrote (20452)5/21/2009 12:50:18 PM
From: RockyBalboa  Respond to of 71475
 
Holy shit. What happened.

Not in my wildest dreams., but well. The pound is now up 1c.

1.60 sightings. ggg