E-Mail 'Trading note: I'm not buying the anti-dollar rally.' To A Friend

Email a copy of 'Trading note: I'm not buying the anti-dollar rally.' to a friend

* Required Field






Separate multiple entries with a comma. Maximum 5 entries.



Separate multiple entries with a comma. Maximum 5 entries.


E-Mail Image Verification

Loading ... Loading ...

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • NewsVine
  • Reddit
  • Technorati

2 Responses to “Trading note: I’m not buying the anti-dollar rally.”

  1. Bjorn
    September 22nd, 2008 at 11:48 pm

    You refer to, “Treasuries and mattresses.” Hmm, I’ve made use of the treasuries, but . . .

    Just wondering about even the “strong banks” as rated by thestreet.com. I still have CD’s in two of these “strong banks” with only 3 months left till maturity. I had intended for this to be my last round of keeping any money in the banks.

    Now, with the wild stuff I’m seeing in the economy, I’m wondering if I should pull out of these CD’s before maturity.

    Could even the “strong banks” fail in that short of time?

  2. Mike
    September 23rd, 2008 at 4:21 am

    Due to the nature of fractional reserve banking, ’strong’ is relative. I have read credible warnings about trusting any of the rating services.

    For now, FDIC has us covered, but will the bust get so bad that the government will have to give up on bailouts? Or will they just soldier on and destroy the dollar in double time?

Leave a reply

  • Recent Comments:


  • Subscribe to receive daily updates. Enter your email address:

    Categories

    Archives