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

To: maceng2 who wrote (22840)	9/22/2009 2:25:56 PM
From: RockyBalboa	2 Recommendations Respond to of 71456

Great conundrum: If the dollar is becoming worthless the possibly last things I want to own are financial assets, including bonds and stocks. What does faber think: that each of us has a certificate for lunch? Edible certificates? In earnest, since the pound is so weak on QE and also continental Europe faces a load of problems in credit quality, labor markets and demographics it is to be decided whether the USD or EUR is worth less, in the end; since more or less, all of them are fiat. For the short term I honestly expect no big changes in program if and as the fed will take on a wait and see stance and perhaps even add a few more billions in QE, buying treasuries to prevent a collapse of bond prices. The GDP estimates due next week will perhaps move the markets more than the fed. For now, a weaker Dollar is presumably less evil then weak treasuries.