forex debate

...    .....

..... ......              Success Does Not Come Out Of Thin Air, It Needs To Be Managed!
*

.........    .....       TFP Looks To Succeed From The Large Players Who Make
Markets.
.......... .. ...     We Of Course Like To Stay Current On Who Is Buying & Who Is
Selling

............ TFP Does Not Follow The Crowd. We Are Able To Evaluate Markets
Independently

.In 2005 TFP llc Was Writing Op-Eds in Financial Times Newspaper & Doing
Media Analysis of
Global Financial Markets. This Reporting That Follows Remains A Good
Example Of Why The
Popular Financial Press & Sometimes Even Leading Investors Cannot
Substitute For
                                  Professional Management In Forex.

.In January, 2005, As The US Dollar Was In A Free Fall, Down Over 50% Vs The Euro In 3 Years &
10% Vs The JPY
.From Its High A Year And A Half Earlier, TFP Viewed It An Historic Market Making And Profit
Opportunity When A
.Consensus Of Financial Market Opinion Leaders Were Out There Cheer Leading A Continued
Decline In The Value Of .
.The US Currency At The Beginning Of 2005.

....   Bill Gates Made A Bold Currency Prediction On The Charlie Rose TV
Interview Show:
............           "The 'Ol Dollar, It Gonna Go Down!" {Jan 2005}.

.....Warren Buffett Spoke In Investment Forums Confirming That His Investment Portfolio Was
Shorting The US Dollar
;..        Going Forward {Jan. 2005}. George Soros Believed The US Economy Was At Risk, & USD
Was Going To Fall.

.Former Sec. Of Treasury, Robert Rubin, An Icon of The US Government Who For Years Was
Calling For US Dollar
.Strength While Secretary of the Treasury, Was Prominent Among The Consensus, Saying Chances
Were Good For More
.Declines In The US Dollar's Value {Feb 2005}.

.These Investment Icons Felt Reinforced By Some Of The World's Leading Economists Who
Specialize In Currencies. Top
.Economists Like C. Fred Bergsten, Who Was With The Institute For Economic Policy Research, And
A Much Quoted
.Financial Analyst, Was Adamant In His Belief That There Would Be Dollar Based Currency Crisis
Within Weeks.

.Predicting A Sharp US Dollar Fall, Stephen Roach, Morgan Stanley's Bright Star In A Stable Of
Opinion Leading
.Economic Forecasters, Was Calling For Economic Armageddon Because Of His Belief The USD Was
Structurally Near
.Collapse.

..        There Was A Consensus Of Opinion Throughout The Financial Press At
The
... ...............    ..   Beginning Of 2005 Predicting Weakness In the USD.

.So Those Investors Who Followed This Broad Consensus' Advice Of Opinion Leading Currency
And Investment
.Icons Quickly Took Major Losses. The USD Pivoted The Week Of January 17, 2005
And.Strengthened 14% For The
.Entire Year In 2005 vs the Euro. The EUR/USD Moved From A Low {For The USD} Of $1.36 To A
High Of $1.17 In A
.Single Move Of 14%.

.Similarly, the USDJPY Also Found The USD Strengthening From A January 2005 Low. {On June
24th,2007, The
.USDJPY Touched A 4 1/2.Year High}

.TFP's Director Was A Clear Voice Arguing Against The Consensus, and In His Article Still
Available As
.Originally Published On The Internet On January 17, 2005, Point By Point, Mr. Long Confronted
The Reasons For    .The Consensus Expectations Of USD Collapse And Found Instead
Reinforcement For An Opposite View--US
.Dollar Strength. TFP Made A Market With USD Bears, And His Clients Won!

Jan 10, 2005
Issue,
..Forbes
Magazine

.. . Jan 23, 2006

....Report On
Gates, ...
...Buffett, Soros
... Losses In
Forex

,,, Stephen
Roach
.. Morgan
Stanley
... "Economic

Armageddon"

. .Jan 4, 2005
........Edition

....Charlie Rose
..... TV Show
....Jan 30, 2005

.. ... Quotes From TFP llc's Director Predicting Us Dollar Strength In January,
2005,
.........                             ....           As The Dollar Was Falling
............    .....     And The Forex Community Was Predicting Further Declines.
................                                                                                   {Jan
17, 2005}

."So it is quite apparent here in my 'World of Currencies,' that the structural
strength of .the US economy preempts a disorderly dollar collapse crisis that
dollar bears project."

."Now as 2005 begins and with the recession far behind it, the US quite
clearly .presents itself as an economy that is stable and poised to consolidate
its upward .growth track, and with that will go increased demand for her
currency, the US Dollar."

."Dollar bears as they continue to sell dollars will have a long wait for any
profits in .anticipation of a collapse of the USD."

Our Feature Analysis Came From His Series Titled, "My World Of Currencies."
....             ..

Welcome To TFP

TFP Transparent Forex Profits LLC

..... "Buffett, Gates, Soros Losses
..... May Aim Davos Spotlight on Dollar"

By Simon Kennedy and John Fraher

Jan. 23 (Bloomberg) -- ``The ol' dollar, it's gonna go down,''

"Bill Gates said at last year's World Economic Forum in
Davos, Switzerland. He, George Soros and Warren Buffett
each bet
against the U.S. currency in 2005.

They lost."

.In 2005, Warren Buffett Lost $1 Billion Betting The USD Would Decline. Bill
Gates Also Shorted .The USD That Year. However, Contrary To Their
Expectations, Instead Of Weakening, At The .Beginning.Of 2005 {Jan .17th}
The USD Pivoted And Strengthened Substantially. {On June 24, .2007, The USD
Actually Reached A 4 1/2 Year High Vs The JPY, From That 2005 Move}.

Forex Investment Analysis

TFP
Executive Consultation

,,C.Fred
Bergsten,
. . Institute For
Economic
Analysis
... "A USD Crisis"

Link To TFP Risk Disclaimer

....Risks of Forex Trading

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