http://globaleconomicanalysis.blogspot.com/2009/08/prechter-sees-major-deflationary.html "Short the dollar" is a crowded trade.... Deflation will act to strengthen the dollar....via debt destruction....
I just saw an interview w/ Marc Faber. He was saying the same thing. Quick question. I am looking to exchange some of my sidelined cash into Euros. Anyone have any suggestions as to timing? I am guessing in the next three months. I'm doing this to diversify my cash, but also in the event I decide to move to Europe. I have the ability to attain dual citizenship in a member country, which would also give me Euro citizenship. From what it looks like, I'm guessing the dollar could get stronger against the Euro again?
............................................................................ http://globaleconomicanalysis.blogspot.com/2009/02/fiat-world-mathematical-model.html I know you probably already read this....just in case.... Credit collapse exceeds fabrication....
Actually I'm bearish the dollar And even much more bearish the other main currencies. So, it's not that I'm too bullish on the dollar by itself.
If you're bearish on all of the main currencies, then what are you bullish on? How can this be? All major currencies can't depreciate against themselves...
Be aware that FABER recently "hedged" himself by postponing his "Gloom & Doom" scenario because of all of the FOMC liquidity injections . . . and stated that we could see a big rally in equities. Duh.
Too soon for that re gold. It would be like drinking tea a couple of seconds after you put the bag in the cup of hot water. Maybe by the end of this year. That's the earliest I see for a big position move into gold.