the humble scribe

Friday Outlook: Commodities, Global Markets

It is not if ''we beleive the Party will be toppled'', it is that we beleive the fundamentals for the US dollars are the worse possible. In other words, its not CNY that will appreciate in value; it is that the US dollar will depreciate relative to all other currencies, unless, the Fed decides to start tightening sooner rather than later.


On Aug 28 04:42 AM manya05 wrote:

> Look at all the graphs, including those for currencies, and then
> look at CNY. It screams Manipulation !!! doesn't it? do you really
> want to be invested in that? Why? The only logical answer I see is
> that you are betting the Chinese Communist Party will not be able
> to manipulate forever and at some point they will have to let appreciate.
> I think there is a fat chance they will not be able to manipulate,
> only if you believe the Party will be toppled, and in that case CNY
> will not appreciate, it will be obliterated. Sorry, but I am not
> clear on the concept of owning CNY, it looks like you are better
> off just holding USD.

Thursday Outlook: Commodities, Global Markets

David,

Are u seeing a reverse head and shoulder for Rimm over the 22 MA or am I seeing things?

Tuesday Outlook: Commodities, Global Markets

The question is not who is right or who is wrong at any given earlier time, it is how the future will unfold. If you want to see where we are headed you have to at least know where you are.

Thank you David for providing us with a tool that helps us see where we are.

Tuesday Outlook: Commodities, Global Markets

Is GLD forming an inverse head and shoulder here?