barnburner

What's Next for the U.S. Dollar?

There is evidence of massive foreign bank intervention within the last week or so. The fundamentals have NOT changed. If oil continues to slide along with foreign banks buying dollars there may be a temporary reprieve but I think in the end the dollar is in deep dudu

More Money Making Ideas for This Market

JasonC, as Matthew Hougan indicated, China is not suggested as a core investment.

Trichet, ECB Missing the Point with Crude

I can't comment on the allegation above that Mr. Trichet "is an arrogant jerk" however I will say this: Mr. trichet, unlike our own Fed DOES have his eye on the ball and is doing exactly what he need to do to fulfill his mandate. I haven't as yet heard of the ECB bailing out investment banks to save them from their own greed and lack of oversight-capitalism the American style.