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     This is a related view to:
        Stop Waiting for the Crash; Use a Regular Investment Plan   by Dan Caplinger (Fool.com) on 07/16/08

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Two Currency Plays to Counter the Ongoing Fall of the Dollar

 Jul 16, 2008 10:05 PM UTC
Symbol Sentiment Start Return Closed
CYB Positive 07/16/08 -2.31% --
PGD Positive 07/16/08 -2.24% --

7/15 - "The fact that the market is looking increasingly "crash-prone" is indeed old news. Just take a look at virtually any financial sector, and in particular, the banking index ($BKX), and you could argue that we have already seen a crash or two. That said, whether you agree with the government's recent actions or not, one of the more frightening "crashes" that we are witnessing could well be the ongoing debasement in the U.S. Dollar."

"...we (the U.S.A.) are in an election environment where we seem hell bent on bailing out a large fraternity of negligent financial institutions who have sewn themselves into burlap-size sacks of distress. The majority of the "plans" being put forth would involve draping the U.S. taxpayer further with debt, further putting pressure on the U.S. dollar...there is no question that some of the largest holders of the debt of these ...




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1 17.80 +39.28% 79
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