Indeed the "boys" can make a quick buck trouncing the markets as the good news becomes more consistent, simply because it makes no sense. After all, if the markets were a stimulus-response machine, the mathematicians would own the world. This is a new Bull and has a long, long way to go.
Preparing for the Dollar's Next Down Cycle [View article]
Only this time capitalism itself was on the precipice and that was a game changer. Dollars are multiplying fast but America remains the greatest and most evolved franchise on the globe. As such, we define capitalism; now upgrading to the 21st century version. The strength of the dollar is a testament that the world "gets it"; without us they flounder back to their previous isms. Gold will now join it commodity brethren, losing its role as a central bank instrument; replaced by what? The dollar.
The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [View article]
Jim this is a logical result when you understand that the supply of US dollars has diminished through the collapse you are referencing. The combined real estate, equity and auto deflation (credit destruction) is around 6 trillion. The countervailing fiat injections, even with this bailout, have yet to reach 2 trillion. Dollars are more scarce, hence more valuable.
Currencies: Dead Cats and Yapping Dogs [View article]
Ray,
That was a well written article. I make a veiled parallel to Rome in seekingalpha.com/artic... but portend that the dollar will indeed rise due to the magnitude of the deflation and risk of collapsing the empire by fiating the loss.
Market Overview in Eight Charts [View article]
Roma please.
Preparing for the Dollar's Next Down Cycle [View article]
The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [View article]
The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [View article]
Currencies: Dead Cats and Yapping Dogs [View article]
That was a well written article. I make a veiled parallel to Rome in seekingalpha.com/artic... but portend that the dollar will indeed rise due to the magnitude of the deflation and risk of collapsing the empire by fiating the loss.