The greenback is set to continue to rise in 2012, says Morgan Stanley, helped by central banks...

The greenback is set to continue to rise in 2012, says Morgan Stanley, helped by central banks adding to their dollar reserves, which rose to 62.1% of assets at December's end from 60.5% 3 months earlier. Morgan figures this has left the private sector $2T short of what it needs.

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Comments (3)
  • remurraymd
    , contributor
    Comments (2274) | Send Message
    (UUP) seems to be hammering up a double top cannot break out.
    (QQQ) action and China rate cuts would argue against major
    upside especially if Gold Backed Euro Bonds come out for
    EurWOEsis reported by BMO and Der Spiegel come to pass..
    18 Jun 2012, 04:03 PM Reply Like
    , contributor
    Comments (10765) | Send Message
    The Private Sector....short of USD? Don't worry.... Mighty Mouse to the rescue....we'll just print up some more. Ain't it great to be the world's reserve currency.
    18 Jun 2012, 04:13 PM Reply Like
  • Brian Bobbitt
    , contributor
    Comments (2076) | Send Message
    I would say, too, that the US$ is going higher. Not because we are doing such a good job economically, but the Dollar is still sound [sounder than the others] The focus on the crisis is in a little island smaller than the state of Massachusetts. I am focusing not on Greece, not even Italy and Spain combined. They owe more than they can pay, and after the elections and bond price change, and what the Ezone countries have to pay, that each Ezone citizen owes several hundred more euros than he did at breakfast. You might check the debt clock of Americans, and you can see that we would be better off trading debt with the Ezone, as we are adding to our own debt a faster rate. It is our national debt that I am focused and investing on. Facts cannot be denied, we are spending more than we are making. Piper will be paid.
    I can only stick with the REIT market, paying over 10%, and to buy gold at every dip. Read my prior posts, my tune has not changed. Remember, there is a difference between genius, and stupidity. Genius has its limits.
    Don't be stupid, read the tea leaves, and get some PM related stuff. There will be an America, and will be food available, but will you have money to buy it with? Many will not, and therein lies the social problem heading our way.


    Happy hoarding
    Capt. Brian
    The Lost Navigator
    18 Jun 2012, 04:30 PM Reply Like
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