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dwalrus

06/23/09 7:54 PM

#3161 RE: tigertrader #3160

So what your saying is, buy the mexican peso???

LongCYRX

06/23/09 11:40 PM

#3163 RE: tigertrader #3160

Tiger I pretty much agree with everything you said. It is a bit of a doomsday kind of scenario though, you are assuming there will be no Real GDP and China will want to pull out investments from the US, but where would they want to put them? This scenario could very well happen. The very large banks have obviously taken a large hit from derivatives and bad mortgage loans...

but, that being said, many smaller banks did not take on the risk these citi gangsters took on. I work with a number of community banks from all over the US on a monthly basis and while they have seen a hit to their balance sheets, they are still generating profits, making loans and attaining deposits. None of them are TARP banks.

With the Fed easing and capping borrowing rates and treasuries, you are telling it like it is, as Inflation is a very real threat right now and IMO I believe they need to back off this constant easing and let some of the pain be felt on wall street and correct, although it is going to hurt. IMO, you are right on the precious metals also, we will see those prices steadily rise for a good period of time. Especially the yellow one.

But it's alright because Cryoport will save the universe.
Larrrryyy!!!! I really hope that we hear something before year end filing.

GLTA