PowerShares DB G10 Currency Harvest Fund (DBV)

All Comments on DBV

  • commenter
    zgartz
    Sep 07 10:59 PM
    My Website
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    Elsewhere on Seeking Alpha I posted a comment "Unintended Consequences" and I could write another here. Mr. Conrad is bang on and all we have to do is look back to 1971 and 1973 when the US dollar was revalued twice. It will happen again as an unintended consequence of all these bailouts.
    Central banks that are supporting the $US charade have to do so by expanding their own money supplies. The consequence? Inflation in their own backyards.     Reply
  • commenter
    CTA
    Sep 07 09:49 PM
    The Complete List of Currency ETFs [view article]
    The WisdomTree Chinese Yuan Fund doesn't seem to be following the Yuan very closely ... based on my analysis, the fund has an approximately .69 correlation with the Yuan. Not very impressive.

    For comparison, a while back I did some analysis on the British Pound ETF and I think that had a perfect 1.00 correlation with the fund     Reply
  • commenter
    Errol
    Sep 07 05:28 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    Its funny that people can not conceive a financial disaster happening here, but if you think that the dollar is not in trouble you are delusional. Central Banks have collapsed many times in the past 100 years at it is not unlikely that this one will not. True the dollar has the backing of the U.S. government but with our spending spiraling out of control, savings being depleted if not negative and transfer of wealth in the form paying insanely high prices for oil because our government is too stupid to realize the importance of a true energy PLAN in which you can not create a new infrastructure that has been based on fossil fuels overnight, the dollar will continue to decline in the long term. This dramatic rise will only show how piss poor an economy based on massive credit extensions and spending truely is when the dollar begins to falter and then fall. Reply
  • commenter
    cpeterka
    Sep 07 04:05 PM
    My Website
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    U.S. has a strong military? You have got to be kidding me. George and Dick have squandered it in Iraq, We're over extended, the equipment is getting used up, and the troops are on their 2nd, 3rd or even approaching their 4th deployment. Recruitment is down, and where it is up, they are taking in those with only 1 conviction, and lowering the standards for education. We are spent. Printing more 'paper' money is the only thing keeping us alive. We couldn't take on another war like against Syria or Iran without massive investment of our own capital (people, new equipment, etc ).
    Just my own humble opinion, but with Cheney talking WAR over in the Georgia and Ukraine, Putin knows we don't have the muscle to back up his pronouncements.
    Good Luck, we'll need it.
     Reply
  • commenter
    Philly Jim
    Sep 07 03:57 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    The economic environment is more attractive in the United States than any other nation and the rest of the world is not doing as well as the media & hedge funds would have you believe. The Germans are the only drivers of EZ economy and they are getting fed up with being a part of the E.U.. As for Asia, you can still buy kids wholesale in throughout the region, women are a commodity and despite their adaptation of the iphone and skyscraper, don't kid yourself, they will never be America - and the financial crisis has barely begun in Asia, they are still selling the idea of credit and when those debts are called in, the ceiling is gonna fall in on that region of the world; the only money supporting them has been burned up by subsidies and speculative smart money investors have figured this out, just check out the outflows - the rest will be stuck on the squat toilet.

    There's no place like home, no place like the U.S.A.. Even the idea of hedging that bet with commodities is subject to extreme volatility. The dollar should fundamentally be inverted to the pound, loonie, aussie, etc... but because they are an allies and we need them to be strong, their currency and economy are allowed to inject with financial steroids every now and then. Stay with the dollar long-term, ride the speculative waves but in the end, you know where it is safest.     Reply
  • commenter
    Brian A.
    Davis
    Sep 07 03:45 PM
    My Website
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    More than likely an accurate assessment. However, I believe this charade will continue as long as:
    1. The U.S. government appears to support all government and quasi-government institutions...FDIC etc. (Pledged by the Full Faith of the U.S. Govt.)

    2. Foreign Bond holders are happy receiving returns that for all intensive purposes are worth less the money invested.

    3. G8 continues to pump the dollar...

    But I would tend to agree with your long-term assessment     Reply
  • commenter
    silver-bulle
    t
    Sep 07 01:18 PM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    I couldn't agree with you more, paultaut.

    My take is, since folks in Asia are bigger savers, and as their economy expands, they will want a lifestyle more like ours' in the US and Europe. I think there will be more intra region trade in Asia. These countries will divest from US dollar in the long term. I just doesn't make sense to hold on to a perpetually depreciating currency.

    Also I am sure they are keenly aware that the US has an increasing aging population, just like Europe and Japan. Therefore consumption will be shifting, and a net divestment in the stock market will occur. Their net investment strategy will be adjusted downward accordingly.

    I believe the rest of the world will be increasingly reluctant to finance our trade deficit after seeing our gross mismanagement in the financial sector, irresponsible government bailouts, and a general population of net spenders instead of savers/investors.

    As a nation we had achieve much, and rightfully we should be proud of it. However, over the years we had been prideful in our ways. Look at the government, we think we can solve the financial fallout by manipulating the market through artificially holding interest rates and injecting liquidity into the economy (i.e. encouraging spending). Our energy policy is to send our troops (children) to middle east to 'secure' oil there. We think the rest of the world should [rightfully] finance our lifestyle, because if they don't they will not have jobs - how laughable!

    You know the age old saying:

    "Pride comes before a fall"

    I think this fall is coming, and it will be a hard one.

    SOLUTION:
    1. Smaller government, lower taxes
    2. Get rid of the Federal Reserve
    3. Start saving more     Reply
  • commenter
    paultaut
    Sep 07 08:29 AM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    A Japanese style Bank implosion is still possible since our Financial Institutions insist on playing Shell games with their "Assets". They are afraid to Bite the Bullet and continue to place their hopes on the suspension of the FASB's Mark to Market Rule.

    The longer this continues, the greater the chances of another few cockroaches appearing.

    Mutual Funds are going to start their Annual Sales to meet their distribution requirements. Insurers will have to raise funds for liabilities incurred this Hurricane season. Financial Institutions are raising capital however they can, going wherever they can, from asset sales to sales of themselves. None of these bodes well for the Stock Market, toss in dollar strength, declining commodity prices and a new weakness in the Tech Sector, what were the last bastions of strength in the S&P are gone.

    I have seen sundry Bull comments about "since we were the first to experience weakness, we will be the first to climb out." Global Strength emerged in the Emerging Market Sector and led the Developed World upward. Weakness there has led to Developed World declines. As a service based economy, we are dependent on expansion elsewhere. We will be amongst the last to recover.

    A stronger dollar will not bring our Manufacturing Complex back to life, we are Dependent on Foreign Oil...definitely. We are also dependent on all of the Manufacturing Facilities whch are no longer on US soil.     Reply
  • commenter
    kmanm
    Sep 07 08:00 AM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    The biggest threat of US dollar is the national debt. I am not sure why you didn't mention it in your article. Reply
  • commenter
    silver-bulle
    t
    Sep 07 04:33 AM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    Let's play this out if interest rate is cut to say, 1.75%.

    If I am a major holder of US$, I would probably want to seek out higher returns, or buy something of returning value with my depreciating dollars. Better yet, store their wealth in precious metals or assets in high demand like oil or within the energy value chain.

    Who are the major holders of US$?
    - Saudis
    - China
    - India
    - Japan
    - Singapore
    - EU

    I think we will see a lot of these dollars coming back to America - HYPERINFLATION!!!     Reply
  • commenter
    Marc
    Courtenay
    Sep 06 09:36 PM
    My Website
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    Once again your comments are exceptional. Thank you...and I too believe an interest rate cut might be coming quickly because everything is beginning to smell and look deflationary (of course that's an illusion) and we know Chairman Ben does not like deflation. I can just hear his helicopters revving their engines...know what I mean? Reply
  • commenter
    fran
    Sep 06 05:09 PM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    most of the above commentary was true/stated about most empiric communities since many years BC. for reasons common to those offered above, these same have come and gone[some would say, risen/fallen].

    this all reminds me of words by Cicero in 50 BC-- "... we owe too much to foreign states....we consume too...our savings ...poor. etc etc.... what is it about--"the past is prologue...?

    wise man[Yogi Berra]--deja vou all over again?!

    sign me-- GERRY MANDER     Reply
  • commenter
    BxCapricorn
    Sep 06 02:43 PM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    How The Plunge Protection Team Fights Back (Been Documenting Their Actions or What I Believe Are Their Actions...They're Brilliant, No Kidding....) Next Predicted Step: The Fed cuts rates.

    What? How? Let's go back to October 2006, when Paulson reassembled the PPT. Paulson repeatedly visits China, to lay out the plan. China stops their factories (in 2008, they did this from mid-July to mid-September, "for the Olympics") commodity prices come down, US "demand destruction" helps to further collapse commodity prices, US government freezes the ability of traders to "short" certain key financial companies, the SEC changes rules regarding commodity trading (due 9/15/08), as well as specifically targeting oil speculators. The CBOT coordinates with large financial institutions to short silver and gold, while the Bank of International Settlements and other central banks, flood the market, by selling off their gold reserves (they'll buy them back later once the market collapses). The US government then shows support for highly leveraged (50-1 capital ratio) "hybrids" like Freddie Mac (FRE) and Fannie Mae (FNM) to prevent a collapse of the real estate/banking markets. Since foreign countries own large amounts of these stocks, they cooperate by helping strengthen the dollar. They are also further held hostage to the strong dollar because their economies are in recession without a buyer of their exports. Commodity deflation and the strong dollar now allows continued Fed rate cuts without inspiring "wage spiral" inflation seen in the 1970's (helps not to have those pesky, strong unions around anymore). Commodity hedge funds implode, further helping to push commodity futures downward (steel, copper, oil, silver, gold, etc.)     Reply
  • commenter
    paultaut
    Sep 06 02:22 PM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    Perception. War Premium for a Dead Beat economy's currency. A debtor nation which does not have the means to repay its loans. A service centered economy which has entered a long period where service outsourcing will again accelerate because of dollar strength.

    Without a strong military, the Dollar would be cratering further. (Central Bank Intervention has been tried often and has failed every time.) Military Power is measured in the numbers of ground troops only for those countries without Firepower. Fire Power, we have in Spades.     Reply
  • commenter
    BxCapricorn
    Sep 06 01:08 PM
    The $64 Trillion Question: What's the Dollar Really Worth? [view article]
    One more thing. You might mention the Bank for International Settlements and how important their actions are with regards to currencies and commodities.

    www.bis.org/dcms/fl.js...
     Reply
Loading...
Symbols:
Authors:
Quick Links: