Raid on dollar to continue. DDR Bourse backchannels say NO support

[junker]

Raid on dollar to continue. DDR Bourse backchannels say NO support is coming. No central bank intends to buy as others sell. This is looking very much like similar forex forray's of the recent past...a'la the raid against the baht, and the ruble in the 90's.

Now the word is out in german language, financial sites (and others) that a raid against the dollar is happening now. Expect the monday currency markets to be fierce and frothing to maximum levels.

Forex pressures expected to extend to the PMs and comex trading. The PPT and the gold banksters are losing their uphill battle to regain control of pricing.

Pressures on oil seen as continuing and escalating. Trigger events are NOT made less likely by the declaration of Martial Law in Iraq (like it wasn't really there anyway). International traders are already increasing both terror premium and break-down premium (force majure) for crude from ME relating to Fallujah attack and response.

Far-options trading, projected out to Dec of 2005 calls for 5.46 per gallon gas in US as average (at current rates of increase of 85% per year in crude costs, but rates of increase are speeding up, so who knows?).

Usual rate of return on stock market in Demo admin = 11%, while Repubs = 7%. This next 4 years the expected rate of return with the degradation of the dollar figured in is a -5% per annum beginning in 2005 (and assumes that the current trend down in the dollar does not accelerate).

Oh, can y'all sing...why happy days are here again....

[PROGRESSIVE1]

1. Maybe it's not so bad that Bush "won". Do we really want...

Kerry to be the one to suffer because of Bushista's policies?

[VivaKerry]

3. That's the one and only upside, in my mind

Bush stays in to reap the full benefit of all of his past and soon-to-be policies! Maybe the moralist fundies will start shaking their fists at God (since God told them to vote for bush) by 2008?!

[alvis]

2. Is this that corner we're turning?

[hedda_foil]

4. And so it begins.

[Old and In the Way]

5. It will be a pianful lesson for us all. But a lesson we have to learn,

I think. We cannot take unilateral action in this world without consequences.

[bemildred]

6. Let's see what happens with the auction. nt

[wishlist]

7. I predict Four More Years of Hell w/ Iraq, terror, and economic turmoil

I expect a backlash against the U.S. both in the form of more terrorist attacks (possibly even at home as well as abroad) and by overseas financial markets reacting to the falling dollar and Bushco's spectacular deficits in ways that are not helpful to Americans.

Looming inflation and higher interest rates will inevitably depress our already lackluster economy and dampen the stock market. Only question is how soon and how deep.

[UL_Approved]

8. Let's see how...

...every small business owner in America reacts to the fact that they are going bankrupt as a result of steep declines in revenue and stock prices. We screwed the pooch, and now America as a whole gets to pay. With dollar figures in the negative category, you get to add the inflation rate to the negative total, thus increasing its magnitude. When inflation catches up with us soon (its amazing that it hasn't), our dollar will drop like the Hindenburg. These figures are only PROJECTED, but under Bush rule, figures have a tendency of being EVEN WORSE than projected.

[Mike03]

9. Clarification on one sentence please?

"Forex pressures expected to extend to the PMs and comex trading. The PPT and the gold banksters are losing their uphill battle to regain control of pricing."

Is this good or bad for gold prices? I literally just got off a website pricing gold bullion.

[bemildred]

10. Junker is a gold bug.

He thinks gold is going to the moon.
PM = precious metals
PPT = Plunge protection team

[Mike03]

11. Thank you

I hope he's right.

[German-Lefty]

12. Dec of 2005 calls for 5.46 per gallon = Wrong

Sorry I'm looking at the trades from Friday and settlements of gasoline futures.

NY Harbor Unl Gasoline ACCESS
These are futures. The highest I see is 1.38USD from now till 2005-10-31. This is before taxes and in NY Harbor.

Where did you get this "Dec of 2005 calls for 5.46" from?