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

To: axial who wrote (28237)	4/28/2010 7:58:48 AM
From: Secret_Agent_Man	1 Recommendation Read Replies (1) \| Respond to of 71452

One day does not mean much but, Commodity prices will move inversely to USD, the reserve currency for which there is no replacement. yesterday, was different- gold decoupled from this axiom- and imo- it's the ultimate reserve currency, has been for a long time- many would disagree...c'est la vie

To: axial who wrote (28237)	4/28/2010 8:13:48 AM
From: ggersh	Respond to of 71452

Ax, well put. The parade of countries in wmich crises arise suddenly will appear to random. The public is unaware, yet the RA's aren't on the radar anywhere. They appear to be in stealth mode. ggersh

To: axial who wrote (28237)	4/28/2010 5:30:48 PM
From: axial	Respond to of 71452

Re:"Discredited ratings agencies will assist in this game, suddenly discovering "new" problems (visible for years) and lowering ratings. These lower ratings will be issued, of course, by US agencies. Players who are party to the process will realize immense derivative profits, just as in sub-prime." --- Rating rage Whatever love there was left in Brussels and Frankfurt for ratings agencies, it has almost evaporated. Standard & Poor’s may have had some good arguments. But its downgrading of Greece and Portugal - and now Spain - has not exactly helped calm financial markets as officials try frantically to put together a rescue package in Athens. For the European Central Bank, the downgrading of Greece to junk status has created particular complications. If other agencies followed S&P, Greek assets would become ineligible for use as collateral in ECB liquidity operations for which the minimum requirement is BBB-. blogs.ft.com Jim