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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Big Black Swan who wrote (281550)10/7/2010 8:23:14 AM
From: koanRead Replies (1) | Respond to of 306849
 
<<No they can't all go to zero. Look at the AUD, NZD, RMB. All doing fine.

And gold of course. And bullets.

It's the USD that is going to zero. Maybe taking a few other currencies down with it as collateral damage.>.

That is what it looks like. 71/72 is the floor I am watching. But gold will be at $1500 if we just go that far, if we drop through that floor, it is so strong there is little to stop it after that.

Heading toward a third world country.



To: Big Black Swan who wrote (281550)10/7/2010 10:03:09 AM
From: 2sigmaRead Replies (1) | Respond to of 306849
 
What currencies might get taken down along with the USD?

disclosure: Long AUD and CAD.



To: Big Black Swan who wrote (281550)10/7/2010 11:13:42 AM
From: LazarusRespond to of 306849
 
i repeat, SI sentiment indicator says go long USD

short gold

at least for now.