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

To: Box-By-The-Riviera™ who wrote (24978)	11/29/2009 10:24:07 AM
From: Real Man	Read Replies (3) \| Respond to of 71407

As I said, carry trade is driving inflationary currencies to da moon because of associated high interest rates. So, mining costs in these countries skyrocket, while the product does not. Huge miners are typically well diversified, so they see their profits go up as gold soars in all currencies. Not surprisingly, this exporting of inflation from these countries creates an economic boom. Kinda similar to US in the 90-s with Yen carry trade.