Euro Currency Trust (FXE)

All Comments on FXE

  • commenter
    Oct 06 09:56 PM
    Monetary Madness: Global Margin Call Underway [view article]
    Depression II is trying to happen; many of the elements are in place. In the 1930's Depression I, home prices were dropping, there was too much debt, commoditiy prices were dropping, profits disappeared because people didn't have the money to buy products, the stock market was imploding, farmers couldn't sell their products at a profit because market prices were too low, unemployment was soaring, banks were failing, and the government didn't know what to do. This time around (as Toni suggests toxic levels are even worse) the situation is potentially worse. Can massive amounts of increased borrowed government money thrown at massive amounts of already shaky borrowed money fix the problem, which was caused by too much borrowed money and leverage in the first place? We are entering a new dimension. Reply
  • commenter
    Oct 06 09:31 PM
    The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [view article]
    WOW, and by now the things mentioned in this article are now doubled just to maintain a fractional percent increase every few days. How can it continue this way? Reply
  • commenter
    Oct 06 07:55 PM
    Monetary Madness: Global Margin Call Underway [view article]
    Toni and Alex_G has contributed valuable insights into the current state of affairs. How true the Great Depression caused deflation not inflation. Since as Toni says all financial and economic indicators [care to list them?] have exceeded the Great Depression toxic levels, the government will not be able to alter the outcome of at least a deep recession.

    Dow 8k is likely but Dow 5k is not impossible before things settle down.
    Reply
  • commenter
    Oct 06 07:54 PM
    Monetary Madness: Global Margin Call Underway [view article]
    Worrying about inflation when the T-bill is overbid at zero yield and the dollar's chart looks like a lunar shot going up is utterly ridiculous. When will the monetarist numbskulls admit that *demand for money is not a constant*! Geez oh flip, buy a freaking clue already! Reply
  • commenter
    Oct 06 06:34 PM
    Monetary Madness: Global Margin Call Underway [view article]
    In a prolonged period of asset deflation, the only thing that can cause inflation is spiraling wages. Show me where this is going to happen. I see a lot of posts here calling for inflation, but no real thesis to back up the claims, besides the usual fiat currency, blah blah blah arguements.

    The Great Depression caused deflation, not inflation.
    Reply
  • commenter
    Oct 06 06:08 PM
    Monetary Madness: Global Margin Call Underway [view article]
    bin Laden's money flow is drying up as the oil and stock markets collapse is at least one positive. Now if the idiots out there would quit buying their drugs.

    As one who believes that we will have no free markets without a strong defense, this is more important than few believe. Proof is that the media doesn't get it.
    Reply
  • commenter
    Oct 06 05:40 PM
    My Website
    Monetary Madness: Global Margin Call Underway [view article]
    How will this play out? The way I answer it is that the U.S. currently has the dominant currency. With the U.S. owing trillions of dollars to other countries, would the U.S. prefer inflation or deflation? There's your answer. Reply
  • commenter
    Oct 06 05:26 PM
    Monetary Madness: Global Margin Call Underway [view article]
    Governments and central banks are creating money and this will create huge inflationary pressure. But at the same time, we have this huge forced deleveraging which has to be deflationary to asset prices. How will this play-out in the coming weeks? In the coming months? Reply
  • commenter
    Oct 06 05:18 PM
    Monetary Madness: Global Margin Call Underway [view article]
    "This time it will be global" ??? As if the first Great Depression wasn't?

    Stock market crashes are not inflationary events.
    Bank failures are not inflationary events.
    Property foreclosures are not inflationary events.
    Reply
  • commenter
    Oct 05 01:09 PM
    My Website
    Global Market Roundup: Will the Bailout Work? [view article]
    The rescue package will take time to work its magic. And while people watch for indicators of success from implementaion of the rescue package, there is a possibility that better opportunities might emerge. This is time when perceived risks are higher than real risks. In the short term, corporations may well find earnings potential fall below long term earnings potential; and this might cause better entry points. However several economic risks are already priced in. This is a market for long term investors (5/6 years). Sector allocation is important, overweight positions need to determined based on which sectors will benefit most during the next cyclical upswing; also to consider is over-weighting the presently undervalued sectors; and finally consider the sectors which outprform based on where we are in the economic cycle today. Investors should also not forget to rebalance portfolios more frequently than in normal times. Finally, do not forget diversification across asset classes. Its a good market for traders too; volatility is high which is good for day traders. Positional traders can also look forward to an up quarter followed by a re-test of lows. This is one of those times when there is opportunity for everyone, regardless of style - short term/long term/trader/bull/bear. The only styles I would say might feel a bit left out is growth; because I think this is a time value will outperform and off course, small caps should lag large caps. Reply
  • commenter
    Oct 05 01:02 PM
    Global Liquidity Crisis: What Now? [view article]
    Iran -Israel war. The weird thing there is it would bolster the dollar. Reply
  • commenter
    Oct 05 12:54 PM
    What the Retail Layoffs Are Telling Us [view article]
    Will you should just say that the dollar will not fare well anywhere, and that means that prices of all imports to the US will rise again and the trade deficit of 60 billion will move up even more, unless the recession results is demand destruction. The Upshot is that energy imports will rise, as well prices and then the real problem unfolds. Not good and likely to reach historic proportions of the dollar starts down again. Reply
  • commenter
    Oct 05 09:00 AM
    My Website
    Global Market Roundup: Will the Bailout Work? [view article]
    End government control over rights of way, implement Performance Standards for power generation and transportation and in 6 years. seekingalpha.com/artic...

    Building the Physical-Internet will likely working family disposable income can increase by $3,200 per year. www.jpods.com/ar_Burde...
    Reply
  • commenter
    Oct 05 08:55 AM
    Global Market Roundup: Will the Bailout Work? [view article]
    Excellent review! The Doom & Gloom scenario seems almost universal - indicating that perhaps the worst has already been discounted. But "hold on" for more volatily until the dust settles and investors begin looking past the devastation to the inevitable economic and market recovery. Reply
  • commenter
    Oct 05 12:40 AM
    Non-Farm Payrolls: Enough for a Fed Rate Cut? [view article]
    Please look at how Credit Card companies adjust their rates or How a Home Equity line rate is calculated, or a student loan, car loan, small business loan, or every conceivable type of loan.

    Almost everyone of them uses Prime plus LIBOR. I the past 30 days LIBOR is up more than 50%. To offset this TAX, the Fed and only the Fed can act by reducing the Prime Rate.

    IT doesn't matter whether it will help finance anything new. What matters is that the rates on everything outstanding are going to be up another 1.5%.

    Think of it as if the Fed raised the interest rate level from 2% to 3.5% in one month. This is exactly what has happened. If LiBOR doesn't drop next week and the FED does nothing, the stock market will drop like a rock until the Fed does an emergency cut.
    Reply