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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (2111)4/7/2010 11:15:36 AM
From: ggersh  Read Replies (1) | Respond to of 220888
 
"Faber is not an idiot, but he is overly bearish on the dollar.
We've been running current account deficits for some time,
while producing little. The current dollar strength is really
Euro weakness (the euro is 57% of USD index!) due to some
European countries hitting the fan, rather than recovery. This
is bearish for the markets, IMHO."

As the world turns, so does the pendulum. One currencies
woes are the others strength. No other factor applies, and
that is why Dollar is good for right now. PIGS blow up, then
U.K. America has some time yet, as we are bigger and better. -g- -ng-