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- Six Ways to Trade Foreign Currencies [view article]
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- Jim Rogers' Picks and Pans - Barron's Interview [view article]
- New Currency ETFs - Give Them Some Time [view article]
- How Bad Is the Dollar's Fall? [view article]
- Currency ETFs and ETNs [view article]
- Pause For Concern On Chinese Currency ETN [view article]
- Chinese, Indian Currency ETNs Launch [view article]
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- Multinational Corporations Step Up the Search for the Next China
- Wednesday Currency Roundup
- Six Ways to Trade Foreign Currencies
- As Traders Prepare for the Long Weekend, Dollar Goes Soft
- New Currency ETFs - Give Them Some Time
- Still Waiting For Those Currency ETNs
- Jim Rogers' Picks and Pans - Barron's Interview
- ETF Watch: New Listings
- Pause For Concern On Chinese Currency ETN
- How Bad Is the Dollar's Fall?
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Pause For Concern On Chinese Currency ETN [view article]
Bank would charge big fee on your hedging of converting dollars into RMB if any; I need data on CNY to understand how this 40 dollars worthy of.innovation is the spirit of the Americans to survive amid this credit crunch, smart indeed though, that the Wall had spread the housing credit risks to the Europeans, who may hate the most, not mentioning the best move of the century, that is Blackstone trapped the Chinese CIC, to sell their shares to keep their jet life, still, Chinese may be too scared to load any more those Street products, close enough, but the Chinese escaped the BSC this time.
Reply
Senkov
Pause For Concern On Chinese Currency ETN [view article]
This is interesting to me because I already have an outstanding short on MS. So it if was to fail or be in some kind of trouble shareholders would be last in line while creditors (including, i'm assuming, holders of this new note) would be closer to the front. if what happened to the BSC was to be replayed there, i would do OK with this type of hedge. So i'm not recommending to short MS, but if you already are anyways, this might be an interesting play. ReplyPause For Concern On Chinese Currency ETN [view article]
I posted on the topic of RMB appreciation here:cnreviews.com/elliott_...
I am also looking at the Everbank World Access Deposit account. Downside is 0% interest rate and an approximate 75 bps spread into the currency and out of the currency. Reply
Pause For Concern On Chinese Currency ETN [view article]
for the 1st quarter, RMB appreciates 3.9%, more than 1% each month.MS won't go crashed tomorrow and it is interesting to see the Street as so scared.
After all, ETN is one of a few things that American can still produce and it does not ask for 64 times of leveraging. Reply
Pause For Concern On Chinese Currency ETN [view article]
Why not buy Chinese Renminbi directly? I believe you can purchase it through Everbank -- it gains 0% interest, but you'll get the appreciation vs the US dollar. Replying
How Bad Is the Dollar's Fall? [view article]
we think it would be dangerous to make a currency bet on that parameter alone? just look 1980-1985 !!! ReplyPause For Concern On Chinese Currency ETN [view article]
Yes, but the point isn't to save expense, it's to buy stuff whenever possible. ReplyPause For Concern On Chinese Currency ETN [view article]
Short MS to hedge the credit risk on their ETNs ?!!!! You would have picked up a whole new risk (market risk on MS) as well. And puts on MS would be too expensive as well. ReplyPause For Concern On Chinese Currency ETN [view article]
Maybe you buy the Chinese currency ETN and short MS, or buy puts on MS. ReplyCurrency ETFs and ETNs [view article]
Is there any ETF/ETN for Brazilian real? ReplyChinese, Indian Currency ETNs Launch [view article]
As the homogenization of the pricing of goods and services globally continues, the forward march of the yuan and rupee will likely continue. This is discussed in more length at indiafund.com and china-fund.com ReplyHow Bad Is the Dollar's Fall? [view article]
If house prices stabalize than the dollar will stabalize. As long as house prices droop the Fed will print and put it into circulation via govt deficit spending to bail out the banks and prevent a depression. In essence they will confiscate the wealth in terms of dollar value of savers to pay for the excess of the irresponsible. The rich protect thier businesses this way and help the poor. The middle class gets their purchasing power wiped out and continue to work their asses off for these pigs.The pigs are the wisest of all animals.
I personally don't care if the dollar is backed by gold, silver, govt owned land, steel, oil.........but it should be backed mostly by hard assets. Even if the basket of hard assets fluctuates it would prevent them from simply printing money. The booms and busts have always been caused by monopolist, central planners, and government interventionism of one form or another.
The backing of the dollar doesn't have to be perfect I mean because fractional reserve banking isn't perfect. But our currency is almost 100% backed by the faith that our government can pay back all that debt. And now the Federal reserve is backing our currency with bad mortgages. Our government is about to enter an era of forced high spending via medicare and social security. Sounds like our currency is more and more like a house of cards.
I think the fact that oil is traded in dollars is the main thing that has allowed the world market to soak them up without affecting us. Imagine if all those foreign owned dollars all the sudden came over here and were spent. Yes we would all have work but everything would costs so much. Hyper hyper inflation. Our land would be bought etc...
If the Federal Reserve would just bow out after the bail out this time and stop intefering perhaps we could actually work ourselves out of all this debt. Its almost as if they want everyone to be broke.
Reply
el-South-Bea
ch
How Bad Is the Dollar's Fall? [view article]
I think that you cannot ignore the political side of this. The current administration is one of the major cause for the weak dollar.Off the book funding for Irak, huge deficit are for me major causes.
But I think that as soon as we get a new President, people will start having hope again. Every new president worldwide brings with him a wave of hope. It can be possible that this wave of hope will restart the economy and restart the US$.
Just my opinion.
FD @ condhotel.com Reply
Chinese, Indian Currency ETNs Launch [view article]
Any opinions on Everbank's WorldCurrency CDs? They offer exposure to rupee and renimbi... ReplyKrause
How Bad Is the Dollar's Fall? [view article]
Take a look here.. This is coming to seekingalpha - a pro-USD argument.scriabinop23.blogspot.... Reply