Euro Currency Trust (FXE)

All Comments on FXE

  • commenter
    otbricki
    Oct 15 07:44 PM
    Gold ETFs: What Went Wrong With Conventional Wisdom? [view article]
    So why is the biggest economy in the world going through a massive deleveraging inflationary? 3.1 Trillion in equity value lost in the past 10 days?

    Anyone buying commodities right now deserves to get burned. Eventually I hope it will turn around, but now is not the time.

     Reply
  • commenter
    User 271162
    Oct 15 07:25 PM
    My Website
    Gold ETFs: What Went Wrong With Conventional Wisdom? [view article]
    makes sense, money is withdrawn from stocks and goes to money market accounts giving cash more value than other investments. plus the fed pumping money into the financial system creates a temporary fake rally in dollar wealth. Reply
  • commenter
    lep
    Oct 15 06:48 PM
    Gold ETFs: What Went Wrong With Conventional Wisdom? [view article]
    It's the gold carry trade, which keeps the price of gold down.

    Here, multiple tonnes of gold are loaned daily by central banks which artificially show up as supply via bullion banks via the London bullion market -- while on the same day other central banks have paperwork showing that they own the gold that's listed for sale (simultaneously). This is not transparent - and IMF is supposed to be going public the end of the year. Getting this trickery out in the public is part of the $2000/oz that goldbugs are hedging on.     Reply
  • commenter
    BrunoT
    Oct 15 06:29 PM
    Gold ETFs: What Went Wrong With Conventional Wisdom? [view article]
    Does it occur to the author that the dollar has strengthened on the fact that there is a temporary demand for them in lieu of stocks and in lieu of foreign currencies that are in bad shape? Once this settles in the market price, and once consumers and others wake up to massive inflation from money printing and endless "bailouts" and "stimuli" ahead, won't gold rise then?

    Also, please note that just because other countries are printing money like crazy, that doesn't "strengthen" the dollar against anything except those currencies. Go check how many oz of gold things cost today vs before. Be it a house, a gallon of gas, food, you name it.

    Thinking in nominal terms of dollars and in the very short term only is how one finds himself poor in retirement.

    Gold has several factors temporarily holding down its value, but my bet is that they are only temporary. For starters, the economy has to adjust to a lower standard of living, which means selling cars, homes, and other non-essentials at fire-sale prices, which dampens inflation numbers. If we could simply print $1,000,000 into every American's pocket to solve our problems we'd have already done it. But at some point this money creation will show up in price inflation. EVEN homes. But by the time that happens a loaf of bread will be $10.

    The hard part is knowing exactly when this will occur. That's why I bought in at $675-$910 and am holding my gold.

    Jim Rogers pointed out in an inteview how commodities have seen several vicious corrections on the way up for years now, but the trend has always been up.     Reply
  • commenter
    gaucho
    Oct 15 06:17 PM
    My Website
    Gold ETFs: What Went Wrong With Conventional Wisdom? [view article]
    I am seeing more and more negative comments about Gold. THis is a great counter indicator Reply
  • commenter
    lokifreeman
    Oct 15 05:54 PM
    Return of Weimar Monetary Policies? [view article]
    To get us out of the coming great depression we need another world war. Preferably a land war with limited if any use of nukes. I say we get union bank to finance the rearmament of Germany, the way the funded the last Reich. Then we let the French, British, Italians, and Germans go at it for the first few years without us, and after a couple years we jump in as the saviors once more. They can blame history repeating itself and we can look forward to another 50 year bubble. Rinse, repeat, etc. Reply
  • commenter
    Simit Patel
    Oct 15 05:34 PM
    My Website
    Gold ETFs: What Went Wrong With Conventional Wisdom? [view article]
    gold prices are being seriously manipulated, that is the issue. for instance there is naked shorting of the GLD ETF that is distorting prices there. there is another good article on seekingalpha about this:

    seekingalpha.com/artic...     Reply
  • commenter
    andy abraham
    Oct 15 05:13 PM
    My Website
    The Euro Shows Its Real Colors [view article]
    Possibly it is best not to predict..but rather react... ..keep to a plan...with money management and risk management...and hopefully survive this mess.. Reply
  • commenter
    paultaut
    Oct 14 11:43 PM
    Return of Weimar Monetary Policies? [view article]
    Barack Hussein Obama, He has written several books.
    Read his own words.     Reply
  • commenter
    lep
    Oct 14 11:30 PM
    All Eyes on the U.S. Dollar [view article]
    There is an incredible amount of growing yet unobserved unemployment. The huge losses in equity over the last month has resulted in multi-billion dollar losses in portfolios of many institutions with deep pockets, especially endowments, or gifts. Given this, many have already lost their jobs but don't know it -- jobs tied to existing projects that will come to an end. Without new project starts, the extra staff won't be needed when their projects come to an end. The lack of new projects translates to little employment growth. Little or no growth is *the* problem.

    With slowing growth (of employment and revenue-->dividend yield), I wouldn't get too exited about the dollar or the markets right now. You'll need to stay in T-bills for quite while until this is over.     Reply
  • commenter
    nova
    Oct 14 09:29 PM
    My Website
    Return of Weimar Monetary Policies? [view article]
    I thought his name is Obama. Reply
  • commenter
    carey_jim
    Oct 14 01:48 PM
    Return of Weimar Monetary Policies? [view article]
    The hyperinflation of the Weimar Republic was basically caused by Germany's defeat in World War I, the harshly punitive reparations payments established by the Allies in the Treaty of Versailles along with large losses of former, economically valuable territory.

    Hitler had nothing to do with the hyperinflation and, if fact, Hitler and the Nazis, under a form of state controlled capitalism, (usually called fascism) built a massive economic-military machine out of the economic rubble of the Weimar Republic, in little more than 6 years (1933-39) that almost defeated the military and economic forces of the entire world.

    The Germans had never experienced democracy before the Weimar Republic and democracy was pushed on them by Woodrow Wilson (the same way the George Bush administration has pushed democracy on Iraq.)

    Before the Weimar Republic, Germany had hundreds of years of experience with big dictators (Prussia and Bavaria) and small dictators (princes) in over 300 small states.

    Bismark, under the former Prussian prince Wilhelm I, unified Germany by placing it under the control of the miltaristic Prussia and paved the way for Hitler after the economic collapse produced by the defeat of World War I.

    I don't think it is helpful to compare Germany and and the United States.

    Not that we couldn't have hyperinflation or a dictatorship here but it wouldn't be similar to Germany's.

    It would probably resemble a George Lucas movie on the outside with the morality of a Wall Street financial institution (take your pick) on the inside and be run by a nice man like Warren Buffet or Bill Gates :)


     Reply
  • commenter
    Gray Stroke
    Oct 14 12:23 PM
    Return of Weimar Monetary Policies? [view article]
    Actually Obama is a Marxist ideologue...yes he fit the model at least be honest about your liberal proclivity...! Onl the MSM and the blind cannot open admit they are pushing a leftist into power...as spoken by Nikita we will fall from within.....and the liberal are to blind or will deny the ideology they so openly embrace but lack the guts to openly confess it.....and no I'm not a GOP supporter...but rather an independent; thanks to more gutless drunken sailor (sorry about that fellow vets!) mentality GOP slugs complicit with Barney Franks and Bill Klinton for getting us into this mess......arrrrrgggghh... those are not paranoid views and because I dare call Obama what he really is does not make me a racist his politics are what they are, admit it and suck it up........ Reply
  • commenter
    mwswi
    Oct 14 11:14 AM
    Jeremy Grantham: Stocks Still Aren't Cheap [view article]
    Morningstar is featuring an article this morning, by By Russel Kinnel (date stamped: 10/14/08 at 6:00 a.m.), bearing the headline:

    "Grantham: Stocks Haven't Been This Cheap since 1987. Market seer Jeremy Grantham predicted financial debacle, and now he's buying."

    It goes on to say:

    "Nonetheless he's now more constructive about equities because he believes they are trading at severely depressed prices. He said that at the end of Friday, global equities were trading as cheaply as they had been since the 1980s. In fact, the U.S. had traded below GMO's fair value estimate--though as we spoke Monday morning a rally had brought it back to around fair value. Specifically, he prefers blue chips to small caps or highly leveraged companies."

    Grantham further states:

    "We're buying carefully and slowly," Grantham notes. Why slowly? "When bubbles correct, they usually overcorrect so that the market is selling well below fair value."

    Draw your own conclusions based on the contradictions in information provided by Barrons vs. Morningstar.     Reply
  • commenter
    LCACM
    Oct 14 10:34 AM
    Return of Weimar Monetary Policies? [view article]
    In Asia for the long term they invest in their children and grandchildren's education. Reply
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