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It has nothing to do with Iraq, hostility tensions or anything of that nature. Let me give you a little secret about currency trading; anytime a government continuously makes statements like, "we support a strong currency", that is a guaranteed sell. If they were to overtly support a weak currency, the value would plummet overnight and currency speculators would be coming out of the woodwork. Countries, that have the ability, do this sort of thing to make their goods more attractive in price internationally. It is intentional and planned. It's not anymore complicated than that. mrmike P.s. You should have sold a few contracts a year ago. Your late in the game now. "Yamashita" <[EMAIL PROTECTED]> wrote: >The US Dollar is on the verge of crashing. The expected windfall from the >invasion of IRAQ did not materialise to give the Americans the psycclogical >boost to their faltering economy. Iraqis have been bombing the pipeline >almost on a daily basis, that no significant export is possible. Added to >this is the ongoing trade war between the US and the rest of the world and >more damaging, with China and Japan. Tension across the Taiwan Straits could >develop into open hostility between the US and China. Does the US have the >resources to fight China after a brusing encounter in IRAQ? The answer is >obvious. > >So? Dump your US Dollar quickly! >
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