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


To: Jimh068 who wrote (20738)6/9/2009 7:14:40 PM
From: axial  Respond to of 71456
 
Yes... that too! Maybe, with a variation, here:

[5] (This one is way out-there): market intervention (price support) by some PRODUCER nations, using cash reserves. This, as opposed to - or combined with - attempting to enforce OPEC supply cuts.

Message 2562232

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The thinking here is that if a company can hedge, why can't a country (say, through a sovereign wealth fund)?

And yes, why wouldn't the US help them, to maintain debt purchases? Would GS expedite that sort of action, with an effect in futures markets? Maybe... who knows?

The problem is that higher crude costs prejudice economic recovery and increase outflows (trade deficits).

Jim