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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (73742)5/29/2010 5:14:07 PM
From: RJA_  Read Replies (1) | Respond to of 74559
 
>>Thanks RJA - but if this is the case with the USD why people and more so financial institution buy the USD and USD denominated assets?

Some guesses (possibilities):

"In the kingdom of the blind the one eyed man is king"

"Markets can stay irrational longer than you can stay solvent."

Habit.

The other currency in the proposed pair is worse.

etc, etc,

For your listening pleasure:

kingworldnews.com

kingworldnews.com