Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ggersh who wrote (24915)	11/26/2009 7:48:28 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71442

Greece is for all practical purposes broke, already with a current accounts deficit of 12% GDP if those numbers can be believed. Island is a walking dead with huge inflation (thanks to the 80% devaluation of the kroner). UK may make it through, through printing but clearly at the price of continued devaluation of its currency. Pound is pretty liquid. When they are done printing and it still trades at par to the EUR they can join -g. The european indices fell pretty much today, give or take 3% but trading was thin. Could go anywere tomorrow, very likely open with a downspike. Trading the Yen interventionitis right now.. huge moves in minutes. I bought EUR/JPY at 128. Thats cheap, for now, unfortunately missed AUD/JPY. Both huge bounces. I feel that the asians are cooking something up. Yen could have seen "the" top at Y84.