Aly-Khan Satchu

All Eyes on the U.S. Dollar

Good Grief.

Very bright eyed and bushy tailed? I have tended to find that Patriotism whilst a laudable emotion, is entirely useless when it comes to investing.

The $ rally has ended this morning as the United States deploys the Zimbabwe monetary strategy which is to print notes and hyperinflate.

The US Government has had to intervene because the Global Free markets are not prepared to pony up any more risk capital for those who have so patently diplayed an ability to lose it.

The response is correct but lets not kid ourselves that it is the best response in a truly abject position.Transferring as yet unquantifiable losses from a defunct Banking Sector to the Taxpayer is not an act of muscularity, I am afraid. Its a last resort.

Aly-Khan Satchu
rich.co.ke

Contrarian Trading Tips: Gold, the Dollar, Energy and Financials

Nearly every commentary I have read today is suggesting the same strategy so perhaps the real contrarian would buy the $ and sell Gold and Energy.
Aly-Khan Satchu
rich.co.ke

Oil ETFs: What if the Dollar Strengthens?

It is highly unusual for The Fed to comment on the $ and I think it reflects a degree of concern that $ shorters need to take notice of.
Paul Volcker also recently broke with form to say that there was a $ crisis. So I feel that the $ can rally substantially from here. In that context, it would be a little foolhardy to stand in front of what might very well become a freight train in the Crude markets.

This is not the time to be limit long Crude.

Aly-Khan Satchu
rich.co.ke

Weekly Market Commentary: May 19th - May 23rd

Matthew,

Very enlightening. I have a strong conviction about the softs and was keen to make a leveraged investment via Options. From your piece, its clear that you trade them. Is there a liquid market for options two years out in the softs? Is this the way you would reccommend the play, out of the money calls or are there other structures you can reccommend?

Aly-Khan Satchu
rich.co.ke