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To: UlsterDavy

When everyone talks about a falling dollar, that probably means the trend is about over.

The dollar's fall has been reversed the past few days, and gold and silver have had a sharp correction. I suspect that China, Japan, and the Euros have gotten together and decided to buy dollars, for the short term at least, and maybe to singe some of the American banks that have been enriching themselves in the "carry trade."

I expect the dollar's fall will probably resume, but in the intermediate term it appears to have stabilized.


13 posted on 12/10/2004 9:01:30 AM PST by Cicero (Nil illegitemus carborundum est)
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To: Cicero
Whose keeping their eye on George Soros?. Any chance his prints are on this mess?.
21 posted on 12/10/2004 9:52:22 AM PST by reloader (Shooting- The only sport endorsed by the Founding Fathers.)
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