PowerShares DB US Dollar Index Bullish Fund (UUP)

All Comments on UUP

  • Monetary Madness: Global Margin Call Underway [view article]
    Some good comments today:
    1. User 257960: Inflation is driven by money supply plus credit. If credit is way down, money supply can be way up. Lets just hope that Bernanke knows when to reverse course.
    2. Alex S: We are a huge debtor, and we control the world currency. We will prefer inflation. A key insight.
    3. All indicators like the Great Depression? Very bad history. Farm incomes are great; unemployment is modest by historical standards; there have been few bank failures. We have been fixing the bubble in housing prices and the effects of lousy discipline in the financial system; the stock market is down - painfully, but not extraordinarily. It will be painful, but it is just demagogery to say it is the Great Depression.

    It would seem from the strength of the dollar and low long term interest rates that the markets believe that Bernanke will get it right. If you believe otherwise, short the dollar and long term bonds.
    Reply
  • commenter
    Oct 07 11:11 AM
    U.S. Dollar: Best of the Worst? [view article]
    Reminds me of something Sir Winston Churchill once said. Reply
  • commenter
    Oct 07 11:10 AM
    Market Volatility: Tune Out the Noise and Get Safe [view article]
    gary,
    it souns like you care about the average person trying to survive.yes the $700 handout is a scam.gary,i can see you have a heart,good luck to you&god bless!
    Reply
  • commenter
    Oct 07 11:09 AM
    My Website
    Monetary Madness: Global Margin Call Underway [view article]
    We are in deflation. Period. The excess liquidity that drove consumer staples such as food and energy is gone (for now).

    Printing would certainly have an inflationary effect on imports such as oil and other common staples, but we shall see how much of that $700 B of liquidity winds up in the hands of a few consolidated players and if the energy/food bubble gets reinflated.

    What currency oil is pegged to in the future is an important question for our nation.

    A better alternative to this mess would have been to create an excellent energy policy, put the $700 B into regional banks that demonstrated fiscal responsibility these last three years and accelerate the energy market creating millions of jobs. When energy begins shooting back up through the roof, it will be the final coffin of our current economy and the dollar will crash and burn. Russia survived it, Weirmark Germany survived, etc. It is a dreadful yet necessary painful process that cannot be avoided but will be a clearing house of the corrupt in Washington and our financial system.

    Reply
  • commenter
    Oct 07 10:41 AM
    My Website
    Time for Global Coordinated Easing [view article]
    The FED is handing out money left and right and it's not helping. Small changes in the interest charged won't make a bit of difference economically. The banks are technically bankrupt and are only staying afloat by borrowing from the FED. See FED data:

    research.stlouisfed.or...

    When you're a bank and you can only meet your reserves by borrowing them from the FED and you don't know if anyone you lend to will go under tomorrow you tend to not issue any long term loans because one mistake will put you under too.

    Lowering rates to near zero won't help recapitalize banks, therefore it won't provide banks any incentives big enough to stimulate the commercial lending that the economy "needs". That's why the Japanese economy is still no better off than it was 18 years ago despite years and years of near-zero rates.

    Until bank reserve capital is wholly owned and not borrowed from the FED, the banks hands are tied.

    Lowering rates to stimulate the economy won't help. It truly is different this time.
    Reply
  • commenter
    Oct 07 09:52 AM
    My Website
    U.S. Dollar: Best of the Worst? [view article]
    The gig is almost up... You cannot print yourself out of this crisis. Otherwise, why couldn't each of us head down to our basement and print our own $100 bills to pay our debts? Why is it considered counterfeiting when we do it????
    Because printing money that has no basis in value is illegal and unconstitutional!
    Buy gold and silver and prepare for the eventual devaluation of our currency.
    Reply
  • commenter
    Oct 07 08:48 AM
    U.S. Dollar: Best of the Worst? [view article]
    The world economy must be in really,really, really bad shape, if there are demands for our worthless currency! Reply
  • commenter
    Oct 07 08:10 AM
    U.S. Dollar: Best of the Worst? [view article]
    this isnt the 1930's where govts have to find more gold to back their dollars/currencies .They are all fiat currencies and can literally be printed out of thin air (there is an unlimited supply ) - all the CB's around the world are being forced to create money(even if it is only to buy dollars)- the dollar wont crash because evryone is creating new money at the same time- In the last 2 weeks alone (before the new 900 billion auction and the bailout)the govt has been printing at 200% increase -
    why else would gold go up while the dollar does ? because there is a worldwide devaluation of currency and gold unlike other commodities has no real industrial demand and doesnt reflect future demand in this respect (majority of commodities are tanking due to the assumption there will be less economic activity in the future)but in fact is showing there will be future inflationary pressure due to the current creation of currencies..
    Reply
  • commenter
    Oct 07 07:22 AM
    Monetary Madness: Global Margin Call Underway [view article]
    Mike Shedlock's recent article leaded me to ready his February 2, 2006 Article: Inflation: What the heck is it? It changed me prespective. I was crying what US Dollar was up and why Gold and Oil was down so much. After reading of his Article, I now understand that inflation is best defined as money supply + credit. It is true that government actions is inflationary, but the other part of the equation is credit goes extreme the other way to the downside. Adding the two together, you can see that inflation will not an immediate problem. How soon will inflation be a problem? I guess when the government is successful in restoring confidence and does not quickly remove the excess money that is now being pumped in. Reply
  • 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 08:01 PM
    Time for Global Coordinated Easing [view article]
    I'm not surprised ;-) 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 06:44 PM
    Time for Global Coordinated Easing [view article]
    I'd like to be "nor surprised". Reply