Comments on: Trading note: I’m not buying the anti-dollar rally. http://sovereignspeculator.com/2008/09/22/trading-note-im-not-buying-the-anti-dollar-rally/ Thoughts on the markets and the decline of the west Mon, 20 Dec 2010 23:06:54 +0000 http://wordpress.org/?v=2.6 By: Mike http://sovereignspeculator.com/2008/09/22/trading-note-im-not-buying-the-anti-dollar-rally/#comment-238 Mike Tue, 23 Sep 2008 09:21:18 +0000 http://sovereignspeculator.com/?p=1263#comment-238 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? 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?

]]> By: Bjorn http://sovereignspeculator.com/2008/09/22/trading-note-im-not-buying-the-anti-dollar-rally/#comment-237 Bjorn Tue, 23 Sep 2008 04:48:28 +0000 http://sovereignspeculator.com/?p=1263#comment-237 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? 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?

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