There appears to be a chorus of people with very good resumes predicting that the dollar is about to fall. While the economic fundamentals for the U.S. dollar are dreadful, they have been so for quite some time. So, why are alarm bells going off now? Are we about to witness another pump-and-dump?
If so, you can bet that certain people behind the scenes will be on the right side of the trade. You can make money in any market if you know where it’s going.
Get Out Now!
Barron’s (05 Jan 2009)
Fed Has Abandoned Monetary Policy, Critic Says
Reuters (04 Jan 2009)
Former Bank of England Official Expects Dollar Collapse
GATA / The Telegraph (05 Jan 2009)
China Losing Taste for Debt From U.S.
NY Times (07 Jan 2009)
Gordon Brown’s Decision to Sell Half of the UK’s Gold Reserves ‘Cost UK £5Billion’
The Telegraph (07 Jan 2009)