This was what I've been talking about. Fed was in a corner and had to make a choice on the Economy or the Dollar. They can only save one and they chose the Economy. Lower interest rates mean lost demand on foreign investment in the form of T-Bills or Treasury Bills, (The debt that creates FRNs) Since the Fed cut the rate to save the market.... The Dollar is in big trouble. This is the first indicator IMHO <fieldset class="fieldset"> <legend>Attached Images</legend> </fieldset>
The FED has a difficult choice to make: Screw the Dollar Screw the National Economy Right now these guys are trying to determine how to save their own $$$ and then leave the US Taxpayer with the Bill/Recession to clean it up. Now, if the world doesn't show up to buy the T-bills on day in the future, they will have ****ed the dollar and screwed the national economy.
and they just made an overcorrection that screws the dollar on the global scene... http://quotes.ino.com/chart/?s=NYBOT_DX http://www.nowandfutures.com/key_stats.html and this M3 as tracked by this guy now that the Fed cancelled the publication of the supply
That last chart show a real Inlfation of 15%... Whats your portfolio doing? How about that cash in a CD or the Bank? Got Gold?
