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

To: RockyBalboa who wrote (20775)	6/10/2009 5:32:26 PM
From: Real Man	Respond to of 71456

Well, sales are picking up cause 12.5% of all prime mortgages are in default or foreclosure. That picked up quite a bit. There are more foreclosures, which is why sales are up. Banks shipped these mortgages to their Caribbean level 3 centers, so those don't have the cash to buy the dollar any more. Green shoots, I guess. And now we are back to square one with re-liquified derivatives maintaining the illusion of the stock market. They need a new bubble. This one ended, badly, and the one in T-bonds didn't last. -g-