Contrarian Indicators - Is the Dollar really doomed?

Well - Yes... it is. ;)

Category:

News & Politics

Tags:

• ben
• bernanke
• drinks
• his
• chocolate
• milk
• with
• twisty
• straw

[stealthpakfa]

im not into this carry trade thing.but i want to find out how do u borrow and from whom?

i dont understand how u can borrow US dollars from and where. or any currency for that matter.

[stellaconcepts]

unfortunately minions like us dont get those rates - only banks

[ozziindaus]

I'll apologies for my ignorance if gold is at $1500 next year.......barring any major war of course.

[stellaconcepts]

dont apologise - research the carry trade and get on the right side of the trade mate.

[jdl1881]

This has to be killing the Silver shorts..so maybe you will get your wish

[baperkins2]

John, why do you always look like you just fell out of bed? Great hair mate ;)

[medini2]

ditto, please message me and explain what you are trying to say?

[comedytracker]

Can you please message me and explain what you are trying to say here?

[a8865686]

If you listen carefully you can hear a baby (Stella Jr.?) babbling in the background.

[KnowledgeDriven]

there's a slip! - i read "genius" in your comment, John, not "genuine"; my bad!

You're absolutely right. The "truthers" here on YT have an audience b/c of their genuine intentions. Seems legitimate enough to me in our present-day fuct up World!

[KnowledgeDriven]

i didn't want to stick my neck out there, but since you did (here's the 'me too' attitude again!), IMHO, i think he's a genius too.

although iq'wise, he's prob smarter than you, John, don't let that put you down (like it will anyways!); it's the open/thinking/inquisitive mind combined with the smarts that is all that matters in this biz - and you're certainly in that category!!!

[stellaconcepts]

wepollock is the man - he's genuine... thats all that matters in this biz

[KnowledgeDriven]

fyi, wepollock

he seems very level-headed and inquisitive (with a massive Wall Street background)... so ya, in his way, like John here, they are assets in the market of knowledge!!! :)

[KnowledgeDriven]

could be the baby factor??? ;)

[KnowledgeDriven]

But, if I'm correct, I think the real outrage stems from the Interbank Overnight Cash Rate at the RBA (%p.a.) 3.25!!! So, only asshole banks like GS/JPMC/etc. have access to this totally liquid (i.e. no waiting even for 6Nov09 first maturity in a treasury note) 3.25% instrument. Now THAT's a healthy carry-trade esp. with that fraudulent leveraging the US banks are so good at...

[hrosemd]

Funny how no one subscribes to the "contrarian" view when it comes to crossing a busy street.

Sometimes the crowd is doing things for a very good reason.