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


To: Real Man who wrote (26986)2/11/2010 2:30:48 PM
From: gregor_us3 Recommendations  Read Replies (3) | Respond to of 71409
 
Agree on analogs to 2007 and 2008. Would only remark that I have been writing recently on what I perceive as a consensus that the pathway for the sovereign debt crisis is to a) move from periphery to core.

My view is that the pathway of this is going to be more chaotic, moving from core to periphery, periphery to core, and everything in between. As soon as markets see States in need? They will first price in the State problems but the smarter traders will position themselves at the Core, knowing that all peripheral issues flow fast and straight to core. Greece = money from Britain and Germany which = money from the IMF which = money from the USA. Thus, Greece is USA is UK is Spain, and so on.

Gold will soon no longer be a hedge for dollar zone persons. I see the race to the bottom in currencies getting fresh life here. All currencies.

Bring it on!

Best,

G



To: Real Man who wrote (26986)2/11/2010 4:37:09 PM
From: DebtBomb  Read Replies (3) | Respond to of 71409
 
Greece is like Bear Stearns blowing up, (it's contained, LOL) the PIIGS are like Bear Stearns, FNM, FRE, AIG, and Lehman blowing up. The Euro should crash now? Right? Now the rest of the PIIGS will say "hey, what about me? I want a bailout?" It's just the beginning, IMO.



To: Real Man who wrote (26986)2/11/2010 6:16:04 PM
From: Lhn5  Read Replies (2) | Respond to of 71409
 
Will this sovereign debt problem lead to higher long term interest rates to entice debt buyers or to lower rates as the world economy grinds to a halt?