Author Topic: NIB Sterns  (Read 1215 times)

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Offline Creech

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Re: NIB Sterns
« on: October 10, 2009, 08:25:46 AM »
They are tipping our dollar worth 1.05 USD
There is more topside than that left in this run. Some analysts are predicting 1.20. USA is bankrupt and the quicker everyone gets wind of it the quicker everyone will jump off the USA currency bandwagon. Some countries have now adopted the Euro as their reserve currency instead of the greenback. It also helps when AU interests rates are on the rise again.