LHG unknown

re: jazzmox

  1. 8,619 Posts.
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    no mate, sold out. Not sure what to do. I got this weird feeling that started with the nobody knowing if Bernanke is dovish or hawkish.
    Can the US really stand by and watch the US dollar crash? Maybe they got no choice. Or maybe Bernanke will talk it up tonight.

    This is just a very dangerous cross roads for the markets. The US dollar has had a mini-crash last weeks. Yet the Dow has gone up, despite this and rising gold/oil prices. Something has got to give very soon. And I can't tell what will give.

    A weak US dollar is good for the US debt but not good for the rest of the world. There might be pressure for Bernanke to talk it up and pr!ck a few bubbles.

    Alot of bubbles out there. Someone will have to make the first move which one to burst first. I got this nagging feeling that the Fed would love to burst the rising gold price and commodity bubble and get people back into the USD.

    Just my opinion. I guess I am a bit confused. Alot of economic problems the world will have to deal with very soon.
    RBA's decision today just shows that moves have to be made for equilibrium to return. Costellos talk that booms don't last and IMF's article that commodities have run ahead of fundamentals bother me.
 
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