Comments on: Dollar to turn back up?

By: Mike

Mike — Thu, 01 Jan 2009 10:31:12 +0000

That is always bullish. Do you have a link to share?

By: hcrosby

hcrosby — Wed, 31 Dec 2008 22:28:47 +0000

About 95% of all analysts are now bearish on oil. Do you think that is bullish?

By: Mike

Mike — Wed, 31 Dec 2008 09:46:16 +0000

“1. Doesn’t all fiat turn to dust rapidly vs. gold as governments overspend on the endless bailouts without any ability to repay the loans except by printing?”

Not necessarily rapidly. Look at Japan.

2. Might we even see some sovereign debt default.
Yes, lots.

3. Can a private individual buy credit default swaps against sovereign debt?
Only if you have an 8 or 9 figure account.

If there is a Treasury sell off where will that money go?
It just changes hands.

By: Richard

Richard — Wed, 31 Dec 2008 07:30:26 +0000

If there is a Treasury sell off where will that money go?
Given it is likely owned by wisely fearful individuals, one must surely anticipate some to find its way into the Gold market.
Especially as the rationale for selling now would not likely be a greater risk appetite but fear about the solvency of the US.
Where to hide? Gold…Oil maybe.
Anticipation of renewed USD strength is an anticipation of another wave of liquidations. The deflationary implications of this must be bullish Treasuries.
Personally i am short Treasuries and long Gold. The Treasury short is easier, as i will know if i am wrong cheaply.

By: LEONARD

LEONARD — Wed, 31 Dec 2008 03:45:42 +0000

1. Doesn’t all fiat turn to dust rapidly vs. gold as governments overspend on the endless bailouts without any ability to repay the loans except by printing?

2. Might we even see some sovereign debt default.

3. Can a private individual buy credit default swaps against sovereign debt?

Thank you.