Hsbc Bk.23 Discussion Threads

[washbrook] 07/11/2009 12:52

ARTICLE by BOB CHAPMEN-age 74.

International Forecaster.

[washbrook] 21/10/2009 08:11

On 5th March 2009 the US $ index was 89.11 it had risen from 75.24 from October 20th 2008, why was that my view it was the cenral banks around the world propping it up.Since March 5th 2009 when the World stock markets had fallen off a cliff it has steadily unwound and is now back to October 2008 lows this morning it has somewhat recovered from yesterday's 52 week low just over the 75.0 level.
Now at 7.50am it is 75.44 and is still in a down trend,that is 15.34% down from 5th March 2009.A note - From 5.3.09 to 20.10.09,the Ftse All Share Index up 50.4% and the S&P 500 up 59.85%? (I was rather suprised when I checked the figures)
Will the central banks try to send the $ up again & the same thing happen I am only a little guy a one man band I doubt it.
I feel that the dollar wasn't the reserve currency it would have collapsed by now.

[washbrook] 16/10/2009 16:15

My first cricket match at Old Trafford 6.7.1946






Why not protect yourself.