PowerShares DB G10 Currency Harvest Fund (DBV)

All Comments on DBV

  • commenter
    Sep 09 07:14 AM
    Dollar's Fortunes Should Boost U.S. Economy [view article]
    Look for the dollar to move lower going into the end of September as the Major Internationals manipulate it to soften the explosive rise which would decimate their earnings. Expect the dollar to strengthen thereafter as the War premium ratchets up.

    The Russian contractor building Iran's Nuc. Facility indicates it will be active sometime between Dec. 08 and Feb. 09., it will be hit before then.
    Reply
  • commenter
    Sep 08 10:34 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    $500B, that's a rose colored view IMO.

    I would look for more to the $1.5-2.0T range. House prices have 20-30% further to fall.

    For the bulls, when in history has a government been able to print an infinite amount of a paper medium without destroying it.

    NEVER. America is no different.

    Stop taking your xanax/ambien/mind control drugs and wake up!!!!

    Socialism. Tisk Tisk, this is corporatism, Mussolini's definition of fascism. THink about how many laws have been written in the past 2 decades that have helped business/hurt consumers.

    MBNA re-writing the bankruptcy laws in 2003 comes to mind. So does the repeal of the Glass-Steagal Act in 1999.
    Reply
  • commenter
    Sep 08 08:32 PM
    My Website
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    TheRabble Please read - seekingalpha.com/artic... Reply
  • commenter
    Sep 08 07:21 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    Trouble is, the Fed controls the fawcet, and the Fed is run by bankers and Keynesian-economists. They rely on asset-inflation to boost the economy, and ignore the fundamental signs of the performance of the economy. If any other country was performing like the US, it's currency would be devastated. Gold was once the valve controlling the M3, and now there is no valve. It is obvious that the actions of the Fed have had major adverse consequences for the US economy. Trouble is, noone can stop them other than themselves. Forget congress, forget the Treasury, they are only interested in short-term results. Where will it all end? The housing bubble and bust is a sign that asset-inflation cannot continue. The Fed needs it to continue to support other overpriced assets such as stocks - trouble is, real US incomes have not risen in 30 years. If traditional CPI calculations were used, the story would be much worse. Reply
  • commenter
    Sep 08 06:58 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    Once there was a country A who owed another country B $10.
    Country A hadn't the money so they made a paper $10 bill which was a fake.
    Country B accepted this $10 even though it was a fake and used it to pay country C which they owed $10 dollars.
    Country C accepted the fake $10 and used it to pay Country A.
    On receiving the $10 Country A immediatelt recognised it as the fake $10 they had created. So they tore it up and threw it in the bin.
    All the countries were happy as they had all paid their debts.
    Reply
  • commenter
    Sep 08 05:57 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    Great article!

    Why am I not surprised by the underhanded dealings of the banking industry. There has been no logical reason for the dollar to rocket up in the past two months other than currency manipulation. Government participation and intervention along with gross mismanagement of our banking and financial institutions are ruining the free market.

    Reply
  • commenter
    Sep 08 04:33 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    droskoph, how did the tightening of credit take dollars out of circulation? If someone defaults, that just mean the banks don't get money back (which only really accounts for 10% of the reserves they had to begin with). On the other hand, the builder of the home, or car, or whatever, got to keep every penny of the loan... a loan that was basically created out of nothing.

    Just because they are now tightening credit does not remove the inflationary pressures... Not to mention the FNM and FRE who held so much of these mortgages on leverage need to get bailed out by the government, creating even more inflation... Also other banks who invested in the mortgage market may soon need bailouts as well.

    And what is truly the worth of all these dollars? What goods do we have that we can trade with the rest of the world in exchange for them taking these dollars? Our economy is clearly in terrible shape.

    The dollar is done... it's just a matter of time.
    Reply
  • commenter
    Sep 08 04:26 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    BTW, the Brit equivalent of Wall Street is The City; Main Street is High Street. Good article. Reply
  • commenter
    Sep 08 01:30 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    9/7 Strategy:

    EUR/USD: Buy dollars in to weakness.

    GBP/USD: Sell Cable in to strength.

    Mission Accomplished.
    Reply
  • commenter
    Sep 08 12:51 PM
    My Website
    Dollar's Fortunes Should Boost U.S. Economy [view article]
    The only hole in your theory is that US exports contributed 3.1 percentage points to the 3.3% GDP growth number recently released. A strengthening dollar makes these exports more expensive countered by a positive effect on consumers as the costs of energy and food fall. Will be interesting to see how they two forces balance out.

    The other challenge is the GDP growth, CPI figures and just about every other government stat is manipulated, the first fudged higher and the second lower with the end result that real GDP growth (before hedonics, substitutions, imputations) - minus CPI (before the same statistically smoke and mirror tricks of the trade) is negative not positive.

    The question is, how will forex trader react to the real numbers once they figure out what they are?
    Reply
  • commenter
    Sep 08 10:21 AM
    My Website
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    Why has no one pointed out the egregious typo in here? "As you can see, it would be easy to take a trillion or so dollars temporarily out of circulation by using locking up just a small portion of these derivatives with the 6 trillion euros sold by the U.S. ESF."

    I think I know, alas.
    Reply
  • commenter
    Sep 08 10:21 AM
    My Website
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    Why has no one pointed out the egregious typo in here? "As you can see, it would be easy to take a trillion or so dollars temporarily out of circulation by using locking up just a small portion of these derivatives with the 6 trillion euros sold by the U.S. ESF."

    I think I know, alas.
    Reply
  • commenter
    Sep 08 10:16 AM
    My Website
    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. Reply
  • commenter
    Sep 08 09:46 AM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    A very illuminating article.
    I have one question though:
    The ECB has probably also swapped toxic debt of a similar order to the Fed for bonds, so perhaps the drop of the dollar will be less than projected, although inflation etc will be just as bad?
    Reply
  • commenter
    Sep 08 09:23 AM
    My Website
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    At this point, anybody not moving into Gold and Silver have to be crazy. As this plays out we are moving into some desperate times. Most people just seem so relieved that "the government is fixing the mortgage crisis" - forget that they caused it in the first place. Forget that we will end up paying 200-300 billion to fix this mess. Money we will have to print since we are broke!!! Reply