Tuesday, April 05, 2005 2:31:49 PM
Deja vu all over again. Do you think that this is the first time this has happened. That the 2000-2010 US economy is rock bottom that it can't get any worse. I have a market rule. Don't ever think that a stock has gotten as low as it possible can. There are many stocks trading at .0001 per share. Any if you think that that is the bottom, I'm afraid you will be misguided. Because they can Reverse Split\S-8 you to oblivion. There is not bottom to any market and the same goes for economies. Economies rise and fall, and if you think you are special for announcing that the US is soaked in too much debt and people will not stand for it, get in line. There are decades and decades of people ahead of you that said the same thing. When Gold hit somewhere over $850, the same thing was said over and over again ad nauseam. There was an expectation that the dollar was going to go in the toilet and deflation was going to destroy the US economy. Yet amongst all the fear, worry and stagnation, the dollar rallied as the Fed ramped up rates to the highest levels ever. It was for the good of the economy. To curb inflation. An inflation that only 5 years earlier the Fed engineered. History repeats itself, not because I am bullish the dollar it just does. Regardless of the styles people wear or the cost of living or the dominant currency. Dollar, Pound Silver, Liang or Aureas it makes no difference..
Go outside and look around you. The dollar has dropped over 40% of its value in only 3 years and our debt and deficits have skyrocketed. What do you see... what do you hear. Panic in the streets? Armageddon? People running on banks? Did anyone run on the banks when the NASDAQ toppled? Sure people were upset but they had to get back to work and their Prime Time TV. LOL, how many people do you know even look like there was a war going on right now. They eat sleep, and defecate like cattle while the world rages around them. Like cattle. The Roman Empire did not fall in a day either no social upheaval, the Roman Empire was long dead before The Ottoman and Holy Roman Empire took its place. Funny how history keeps repeating itself. It faded into the past only remembered in text books and archaic relics and so will the US or as I like to call it the Holy American Empire.
Besides all this talk about why the dollar should fall. Big deficits, much debt. Okay I’ve hear it too many times. Tell me if you ere in the shoes of the Fed and you needed to resolve these issues what would you do? You have every unscrupulous practice in your arsenal, but the only stipulation is that you cannot entice the people to revolt. How do you do it? Remember don’t think so simple mindedly and just say move to e gold standard. If you do you have to fully explain how you would do it without facing repercussions in the market and do it would out suffering the Central Banks
Now that you are thinking like the Fed, tell me why the dollar should rally. What benefit will it serve. Actually think about it. Don’t just pawn it off as some ranting by a poster on a board. Go do the research. Come back and tell me why the Fed would try to inflate the Dollar Index up over up over 100 and why countries pegged to it will let it, and why they might even buy more! I’ll tell you know it’s complicated and cannot easily be figure through some mental gymnastics over the course of a 5-10 minute thought process. You will need to find out what the purpose of Interest Rates are and how people react to low and high rates. And find out how corporations react to them. You need to find out how it relates to bonds, and not just your EE that you keep in your back pocket because you think it is worthless but delve into corporate bonds and commercial paper. Find out why commodities have to go down and what the ramifications are if they don’t and what the Fed will be forced to do if they stay high instead of succumbing.
it's not so simple that you can just say the US Dollar is the World Reserve Currency and will go down because people will sell it because of the US debt
Go outside and look around you. The dollar has dropped over 40% of its value in only 3 years and our debt and deficits have skyrocketed. What do you see... what do you hear. Panic in the streets? Armageddon? People running on banks? Did anyone run on the banks when the NASDAQ toppled? Sure people were upset but they had to get back to work and their Prime Time TV. LOL, how many people do you know even look like there was a war going on right now. They eat sleep, and defecate like cattle while the world rages around them. Like cattle. The Roman Empire did not fall in a day either no social upheaval, the Roman Empire was long dead before The Ottoman and Holy Roman Empire took its place. Funny how history keeps repeating itself. It faded into the past only remembered in text books and archaic relics and so will the US or as I like to call it the Holy American Empire.
Besides all this talk about why the dollar should fall. Big deficits, much debt. Okay I’ve hear it too many times. Tell me if you ere in the shoes of the Fed and you needed to resolve these issues what would you do? You have every unscrupulous practice in your arsenal, but the only stipulation is that you cannot entice the people to revolt. How do you do it? Remember don’t think so simple mindedly and just say move to e gold standard. If you do you have to fully explain how you would do it without facing repercussions in the market and do it would out suffering the Central Banks
Now that you are thinking like the Fed, tell me why the dollar should rally. What benefit will it serve. Actually think about it. Don’t just pawn it off as some ranting by a poster on a board. Go do the research. Come back and tell me why the Fed would try to inflate the Dollar Index up over up over 100 and why countries pegged to it will let it, and why they might even buy more! I’ll tell you know it’s complicated and cannot easily be figure through some mental gymnastics over the course of a 5-10 minute thought process. You will need to find out what the purpose of Interest Rates are and how people react to low and high rates. And find out how corporations react to them. You need to find out how it relates to bonds, and not just your EE that you keep in your back pocket because you think it is worthless but delve into corporate bonds and commercial paper. Find out why commodities have to go down and what the ramifications are if they don’t and what the Fed will be forced to do if they stay high instead of succumbing.
it's not so simple that you can just say the US Dollar is the World Reserve Currency and will go down because people will sell it because of the US debt
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