Clive Corcoran's  Instablog

Clive Corcoran
Send Message
Clive Corcoran is an FSA registered investment adviser providing private client wealth management services, as well as being an author, financial educator/mentor and an independent trader. As an author he has written Long/Short Market Dynamics: Trading Strategies for Today’s Markets (Wiley,... More
My company:
Technical Analysis Training
My blog:
My book:
Long/Short Market Dynamics
  • US Dollar eclipsed by another reserve instrument unikely to result from calm deliberation 1 comment
    Apr 10, 2009 9:20 AM

    My guess is that the SDR (or any other surrogate instrument) will not replace the US Dollar as a result of calm deliberation - it will take another phase of the global debt crisis.

    Only when policy makers are staring at the precipice again and realizing that the games up will they come up with a new global unit of account and store of wealth - as before it will probably happen over a weekend with an announcement late Sunday before Tokyo opens.

    On second thoughts it might be announced in Shanghai early Monday before New York opens.

Back To Clive Corcoran's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • Clive Corcoran
    , contributor
    Comments (1206) | Send Message
    Author’s reply » Freya
    Morph just asked me, on his behalf, to thank you for the compliment.
    2 Jun 2009, 06:46 AM Reply Like
Full index of posts »
Latest Followers


  • Daily Form analysis looks at $EURUSD, $AUDJPY,EWP, EWQ, PCY,FNF and $GLD - #forex #euro #eumess #aussie
    Nov 30, 2010
  • What happened to not too hot/not too cold signs of a tepid recovery that made bad news good news for markets?
    Nov 16, 2010
  • One should never underestimate damage to $AUDJPY when there is any negative news re China - #forex #aussie
    Nov 12, 2010
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.