Replies to post #106604 on Zeev's Turnips Patch-No Politics (ZEEV)

[westpacific]

Liar Snow, of course they will say THEY WANT a lower dollar.

More hype.

More hope. Dollar in free fall because of DEBT BOMB about to implode on US.

Get out of the dollar and fast, get rid of real estate this year, will be your last blowoff exit at insanity price levels. Gonna be a lot of bagholders in bloated real estate, price here in the West are INSANITY PLUS TEN!

[hightecheast]

June DX at 94.39 -.77 at this point this morning ... the dollar is declining much too fast ... if it does not slow down in its descent, financial markets will slump big-time and big banks (read J P Morgan and Citibank) are going to have serious problems because of huge derivative exposure. The dollar may need to eventually get as low as 80.00 but not as quickly as it has been moving in that direction. My opinion: we are in a dangerous spot right now.

Ken Wilson