PowerShares DB US Dollar Index Bullish Fund (UUP)

All Comments on UUP

  • commenter
    NORESPECT
    Oct 01 09:40 PM
    Shipping Index: An Upside For The Dollar? [view article]
    good luck with that US dollar.. I'll stick with commodities and the short term pain .. only an american can spin this as positive.. tghe bubble you here poping is US tresuries Reply
  • commenter
    kurt walter
    Oct 01 08:31 PM
    Bailout Cost, per Taxpayer, by Income [view article]
    The more money congress takes from taxpayers, the more money they spend. We don't have a revenue problem. We have a spending problem. But what the heck does congress care. It is easy to spend money that is not your money. I could do the same, too. I would like to see every incumbent in the house of representatives get voted out of office in November. All of them need to go. Also, get rid of 1/3 of the Senate that is up for vote in November, too. VOTE FOR NO INCUMBENTS IN NOVEMBER. Sent a big message to the fools. Reply
  • commenter
    Kelly
    Lieberman
    Oct 01 08:21 PM
    My Website
    The Amazing Dollar - Gold Correlation [view article]
    In the end shenanigans are always brought to an end... that is why we are in this economic mess. The tricks played out in the metals market will have their shake out day as well..have no fear.
    That is the day you will be wishing you were hedging some bets in Gold and Silver...     Reply
  • commenter
    Elaine
    Supkis
    Oct 01 08:12 PM
    My Website
    Dollar Soars [view article]
    Inflation is eating us alive. Taxing imports will do two things: balance the Federal budget and slow down the tsunami of imports that are shredding our industrial base as well as undermining our entire economic system.

    Cheap TVs are fun but not if they are killing our nation. NO nation in history lasts long as a sovereign power if they run vast trade deficits.     Reply
  • commenter
    Cesato
    Oct 01 07:07 PM
    The Amazing Dollar - Gold Correlation [view article]
    Needless to say that USD would be totally had it not been because of Central Banks intervention, if all Commodities were priced in EUR or GBP the USD will be worth pretty much nothing under the current fundamentals. On top of that the reaction on the price of Oil (USD 147)since it is quoted and traded in USD forced Central Banks and Governments to put a brake in the trend and hence bring the USD to a reasonable level. Reply
  • commenter
    Cesato
    Oct 01 06:51 PM
    The Amazing Dollar - Gold Correlation [view article]
    There are several reasons. One of them is because when the USD strengthen it becomes more expensive to buy in Foreign Currency, it's a matter of calculating the ratio GOLD/USD throughout the year-round cycle, it varies between 467 (Jan 2006) and 539 (Sep 2008) so that if you bought Gold (i.e) when EUR/USD was 1.5 and assuming that nobody sells Gold your Gold will be effectively valued 10% less, but people sell because of that then the price drops on top of what you may lost because the USD change. So in quiet markets you just hedge the USD by using paper Gold or Bullion. Now in tough times hard assests become a safe heaven because of the nature of the asset and when everybody rushes in to buy Gold, well a simple trend is established. I do not buy bullion but paper Gold although the price may often be manipulated, it provides me with quicker liquidity in my electronic platform. It should be noted that the ratio USD/GOLD stands at 621 at the moment well above the 500 mentioned but not a lot different than the 625 when EUR/USD was at 1.6 and GOLD reached 1.000. It's all about hedging and keeping value, when the demand/supply balance is broken then you will see GOLD skyrocketing, meantime buy the ratio around 500 and sell it when the price drop more than 10% from the highs, be generous with the stop in the uptrend and used a tight one in the downtrend. Reply
  • commenter
    Think-About-
    It
    Oct 01 05:34 PM
    The Amazing Dollar - Gold Correlation [view article]
    convertable at what rate? Reply
  • commenter
    paultaut
    Oct 01 05:30 PM
    Shipping Index: An Upside For The Dollar? [view article]
    So you are saying that the dollar which recouped all of its slide this year will lead to the slowing of Chinese production because they will not benefit from lower commodity prices.? Huh!

    Or lets say the Saudi's which expect to have a regional currency by the end of next year dump Treasuries (Kuwait no longer accepts Dollars), will the US look the other way if they are threatened. Give me a break. (Ditto S. Korea, Taiwan and Japan.)

    The RTC dealt with a finite number of institutions, one knew how much and how many. How many are affected is a total unknown, total cost is also unknown. This is not an apples to apples comparison. Using that comparison is like comparing a peanut to a Pumpkin.

    So lets assume that the Bailout occurs. The next shoe to drop will be an increased rate of defaults from Credit Cards to Mortgages and everything in between. Something called the 3 Month LIBOR rate permeates everything from home Equity loan rates, Credit Cards, Student Loans, Small Business Loans etc and everything is on a legacy basis. It closed up around 40% in September.

    So lets see 3 Month LIBOR started its rapid ascent when the US Bailout was first announced. It was up around 30% before the House Fiasco and is now up 40% based on the Sept. 30th close. Instead of alleviating anxiety in the Banking sector, it has created more fear.

    One thing I do agree fully with, is the assessment of the length of the Bear Market which began in Oct. 2007 and which I think wiil continue to Oct. 2009.

    Reply
  • commenter
    Mr
    MarkToMarket
    Oct 01 05:17 PM
    Bailout Cost, per Taxpayer, by Income [view article]
    Glad to see some discussion of mark-to-market...an indepth examination of what would happen if it was suspended temporarily or phased in while abusive CDS practice is phased out would be interesting. Reply
  • commenter
    User 30121
    Oct 01 05:17 PM
    Dollar Soars [view article]
    That's why you ARE Smarty Pants! Verrrrry nice! Reply
  • commenter
    JasonC
    Oct 01 05:06 PM
    Bailout Cost, per Taxpayer, by Income [view article]
    No, we will grow 6-7% per year long term average after all the noise.

    The market dropped 777 points on Monday. But the same index was *worth* 777 points at the 1982 low, 26 years ago. In 26 years, a day's hard fluctuation is the size the whole market was then.

    The permabears will be screaming "doom, doom" when the market drops 10,000 points in one day, 26 years from now. All the way down to 175,000.

    Perhaps it won't be quite that good, and perhaps it will meander around for 5 years before taking off again. Or perhaps it will take off within 6 months after a bailout bill passes. Nobody knows, and I for one don't much care. As long as we don't deliberately nuke the golden goose that is our financial system, a generation from now every doom mongering short today, will look as dumb as the doom mongering shorts of 1982. Who all said that recession was Hoover all over again and Reagan was a dunce, etc, etc.     Reply
  • commenter
    phdinsuntann
    ing
    Oct 01 05:03 PM
    My Website
    Shipping Index: An Upside For The Dollar? [view article]
    good job, baltic index and FXI are like Romeo and Juliet, and they both are saying China is cooling a lot, I dont see they will spend their savings buying foreign bonds @ negative real rates this time, they need something in exchange.These 700 b are enough for the farewell party only. probably Japan can fund the IMF before it be too late, any panic selling of US debt will hurt all, the next adm needs a new deal, yen and francs the place to be by now. Reply
  • commenter
    Smarty_Pants
    Oct 01 04:43 PM
    My Website
    Dollar Soars [view article]
    Here's a(nother) thought:

    The US also has the largest national debt on the planet. Odds of repaying that debt aren't worth considering.

    When the foreign countries that own US debt collect and the FED prints even more money to pay them, you will discover that your paycheck will no longer buy all the "best" stuff we have because the US dollar will head the way of the Zimbabwe dollar.

    When the rest of the world realizes that the 'safety' represented by the dollar actually means they will be paid in paper of little or no value they will stampede out of the dollar every bit as fast as they recently stampeded in.

    Sure, they know they will get their dollars back but what exactly will it buy compared to what it would buy if kept in Swiss Francs, or gold, or silver?

    Go look up the numbers for US gold holdings and National Debt (ie. # of dollars printed) then do the math. To fully back our dollars with gold the price would have to be over $38,000/oz.

    Quite the fall from $20/oz back in 1912, eh? Back then you actually could exchange your paper for gold coin.     Reply
  • commenter
    Smarty_Pants
    Oct 01 04:07 PM
    My Website
    The Amazing Dollar - Gold Correlation [view article]
    All I know is that in order to make the dollar fully convertable again, they'd have to reprice gold at over $38,000/oz. Seems like a bargain at $870/oz. Reply
  • commenter
    Smarty_Pants
    Oct 01 04:00 PM
    My Website
    Bailout Cost, per Taxpayer, by Income [view article]
    iThinkBig:

    Too bad the world is going to end on December 21, 2012, per the Mayan Calendar. We'll never see the start of the next bull market. :-)

    Seriously though, you're right. Things will get worse before they get better. ARM resets will continue until at least 2010 and foreclosures will follow the resets. Housing prices will continue down until the excess inventory clears. New building will slow to a crawl and economic activity with it. Hunkerdown and look for bargain basement prices on things of value to build your net worth on. Until then, protect your savings and add to them every chance you get.     Reply
Loading...
Symbols:
Authors:
Quick Links: