Seekingknowledge

Dollar Strength: An Illusion

I am very very skeptical of the dollar bears after believing them. I do not disagree with any of their aruguments, except the application and manifestation of them.
They all thought by now, the "bailout" effects would be Euro-$ almost 1.8-1.9 instead of 1.26
No one , I mean no one imagined the dollar strength. ALl the people who got the FInancial mess right did not get the after effects exactly right.
No one saw the commodities crashing.
BTW currencies are not stand alone in trading , so its always a paired trade and Europe is in a big mess .
I mean come one each of the $ bears saw INFATIOON and said ECB has it right , and I heard on Bloomberg, from Mr. Nouriel Roubini, that the ECB has it wrong with high interst rate , how about that?
So now there is talk of Euro-$ parity, PARITY? wow. Forget the pound .
CHINA? people here are talkling of China? Like you know what they do , is any policy of theirs transparent?
I am really not sure how its gonna turn out but I know that the author here and several others are just speculating.
Everyone predicting HUGE inflation did not see the Massive deflation?
The only explanation seems to be the huge US debt, plase can some economist see beyond that?
With all due respect to the author and other $ bears, please give a very high level timeline, just some thing like next year or two for $ weakness etc.?
How about some targets?
I am not questioning the knowledge of anyone. I am not at all a scholar in this.
But i do knkow they all got it wrong, no one saw this $ stregnth. So why should I believe in the " oh just wait and see" now.

Regards

Jim Rogers Speaks Out - Where Is He Putting His Money?

Jim Rogers has been right but very very outspoken. If you took his word then you did make money over the long run. He has been wrong too in the short term, like did he warn of the current drop in commodities? ( drop ? no sorry crash )
I frankly do not understand how commodities go up now but I have ignored him before and he has been right. So I am going to pay attention to what he says now.
You gotta listen to him, though its not easy when he calls Bernanke and gang clowns ( but honestly tell me if you have not had that thought yourself? ) He has good points but I just wish he talked everything in a more sensible way.
He has been pushing Agriculture now and I have no clue about it.
But I do believe Copper and other industrial metals are done for at least a while, though they might rebound now after the crash.

Gold Bulls: Beware

Hello Mark, Thanks for your quick response.
I think the 'decoupling' of Gold from Dollar should be a process affecting gold here. Looks good to buy now yes, but still depends on the $. Would have loved to see Gold rallying after the bailout was approved. Lets see this week.

Gold Bulls: Beware

So the author said, Gold might hit 830 in the next 30 days and is a good buyinh point.
Well it did it today. So what now? Does is go lower,as of now it looks like its tested it successfully.

Gold Bulls: Beware

So the author said, Gold might hit 830 in the next 30 days and is a good buyinh point.
Well it did it today. So what now? Does is go lower,as of now it looks like its tested it successfully.