Tuesday, October 16, 2007

EUROLAND SAYS: WEAK DOLLAR UNSUSTAINABLE

BLOOMBERG SEEMS TO THINK THAT WILL CAUSE A DOLLAR RALLY!!

BUT WHY?

BLOOMBERGS CONSTANT ATTEMPT TO SPIN BULLSHIT INTO GOLD JUST ISN'T CREDIBLE.

AND BLOOMBERGS DOLLAR TAKE IS ALWAYS LACED WITH SUCH OPTIMISTIC CRAP REASONING THAT YOU HAVE TO SIMPLY IGNORE IT AS A REASONABLE STATEMENT OF THE SITUATION...

FOR EXAMPLE THIS:

"The dollar may also be buoyed if credit markets continue to deteriorate and risk aversion increases, prompting investors to seek the relative safety of U.S. assets, UBS said. ``If investors are worried about further risk episodes from credit markets, the dollar remains the safe-haven of choice,'' they wrote. "

HOW TO READ THIS: IF THE DOLLAR CRASHES...FOLKS WILL RUSH TO BUY DOLLARS!!