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  • Yield Implosion Muddies Currency Waters [View article]
    What to make of this: "When money moves in and out of any commodity, it tends to do so at breakneck speed," from the article? What's happening here? Are you saying liquidity is so tight, the velocity of money is being kicked in the rear, harder and with more desparation than a company's controller squeezing A/Ps down to 31 days because the company's line of credit is tight? Is so, then the global economy needs more greenbacks. If you saying people with options choose "short" the dollar by exchanging for bank balances in other currencies ... then, at this point, I would call that nothing but speculation--perhaps a well-financed speculation--but likely as prescient as investing in Global Crossings at the top of the Dot.Com.
    May 14 22:12 pm |Rating: 0 0 |Link to Comment
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