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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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If you really wnat to watch the wya things are moving..as a response to US policies...Watch 3 things
1. Price of Gold..always a hedge against bad times since the world began. Also reflects the true value of the USD. If GOld should climb above the $1000 mark to $1500 and continue to climb strongly...watch out
2. Interest Rates...reflects world confidence in the American economy, if furiners stop buying US Debt, they don't like nor think the US is doing the right thing. So if interest rates start to climb steadily because of poor participation in the Treasury auctions watch out
3. The exchange rate on the USD....the USD is just about the only currency of scale that has credibility, at least since WW2. If their is a mass exodus from the USD and its value starts to fall sharpely watch out
4. As a collorary..If there are moves to supplplant the USD as the exchange currency for oil..ohhh boy that is time to batten down the hatches.
The key here is to watch all 3 of the above indices, and if all three are starting to move in conjunction in the direction I have suggested then the jig is up.
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"Some Observer"
Last edited by tabs; 01-30-2009 at 11:24 AM..
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