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

To: RockyBalboa who wrote (22184)	8/20/2009 1:37:06 PM
From: Real Man	Read Replies (2) \| Respond to of 71479

Yep. I think so. UNG was taken to the cleaners by regulators, so NG tanked. UNG became close end.

To: RockyBalboa who wrote (22184)	8/21/2009 6:05:26 AM
From: Real Man	Read Replies (2) \| Respond to of 71479

It has long puzzled me as to why Lehman caused a crash, while the CDS settlements were minor. I think I found an answer - it was not really Lehman, it was the Fed, while Lehman was a scapegoat. On the surface the Fed was easing and could not be blamed. While the answer is still a working hypothesis, I think it might be correct. The Fed is well aware of the tightening effect of reserve buildup. Posted earlier. Sure, this was a major operation that orchestrated a short squeeze in the dollar and a market crash. Now we are pretty much back on track with the gradual dollar drop. FNM/FRE BK sure threatened an avalanche of foreign selling, which is why they were taken over and their obligations were guaranteed by the government. The operation had the goal of stalling the dollar crash, they knew how much selling of MBS and agency bonds that BK generated. Naturally, a carry trade squeeze quickly spread to other markets, which may not have been their intension -g-