The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [View article]
HAHAHAHA!
Folks: B.U.B.B.L.E.
The Ron-Paulite/goldbug/Ol... Left consensus is dying. That's right, Ron Paulites, if you knew any old-time socialists you'd know that Ron Paul's vision of dollar inflation is straight out of Marx.
You have to realize that your models are ancient and no longer work. How fast does gold have to go down before you realize you're wrong?
Predictions (and I have been making the same one for weeks and months) EUR/USD $1.30 is a mortal lock. Oil is headed for $70 and gold is headed well-through $700.
The $64 Trillion Question: What's the Dollar Really Worth? [View article]
The military idea is pretty ridiculous.
There are many places you can go in the world where the American military has never been and will never be and you can buy things there with your dollars.
Whither the Dollar? Currency Trends and ETFs [View article]
You're not looking to put crude oil in your pocket, but cash.
Oil is crashing. Get out.
Whither the Dollar? Currency Trends and ETFs [View article]
Whither the Dollar? Currency Trends and ETFs [View article]
It will rest here and then rise very quickly. A week or so from now should be a good time to go short again.
I've said it before and I'll say it again: $1.30 is a mortal lock.
Disclosure: I have no financial positions in anything.
The Great Dollar Pump of 2008: A Doomed Central Bank Intervention [View article]
Folks: B.U.B.B.L.E.
The Ron-Paulite/goldbug/Ol... Left consensus is dying. That's right, Ron Paulites, if you knew any old-time socialists you'd know that Ron Paul's vision of dollar inflation is straight out of Marx.
You have to realize that your models are ancient and no longer work. How fast does gold have to go down before you realize you're wrong?
Predictions (and I have been making the same one for weeks and months) EUR/USD $1.30 is a mortal lock. Oil is headed for $70 and gold is headed well-through $700.
The $64 Trillion Question: What's the Dollar Really Worth? [View article]
There are many places you can go in the world where the American military has never been and will never be and you can buy things there with your dollars.
The $64 Trillion Question: What's the Dollar Really Worth? [View article]
Commodities and traded currencies were in a bubble. The bubble is popping.
EUR $1.30 is where we're going at least.
Get used to it.