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

To: GST who wrote (20627)	5/29/2009 4:05:18 PM
From: axial	Respond to of 71475

Agree about repricing, but not about inevitability. The problem with Draconian measures is that the people and the government would rather slide into default - and its consequences - than take the bitter medicine that will cure them. In that sense, you are correct. Default is theoretically avoidable but realistically, not. Jim

To: GST who wrote (20627)	5/29/2009 5:22:02 PM
From: Tommaso	7 Recommendations Respond to of 71475

The dollar index is still 10% higher than it was a year ago. Meanwhile, these huge (and I would have thought, illegal) changes in the Fed's balance sheet have occurred, and Treasury is set to borrow as if our lives depended on it. I see no reason to look for either dollar strength or gold weakness. And I am somewhat surprised to see a loss of confidence appearing on this thread in the dollar's decline and the rise of gold.