U.S. Dollar Strength and Implications for Gold [View article]
Interesting article. I personally think the Pound Sterling and Euro have a long way to weaken and are behind the US by about 9 months. I like gold longer term, but not now.
U.S. Dollar: The Next Bubble to Pop [View article]
What bubble? The USD is 20% higher since July, but off historic lows. Gloom and doomers have been predicting US creditors will begin dumping at any time for 7 years now. They invest in US debt for 2 reasons. It's really their only alternative and it's in their interest to do so.
Andrew Hughes, what evidence do you have that US Creditors are getting nervous? Treasuries are paying the lowest rates in decades. If there were no demand for them, don't you think rates would have to be higher to sell the debt?
Why Has the Dollar Rebounded - And When Will It Correct? [View article]
Who is this author? Pretty lean argument. Why is the dollar considered a "safe haven"? Nothing about relative strength of foreign economies, or relative interest rates which favors the USD. For the record, foreign finacial insitutions are in just as bad a condition and their Central banks are playing catch up easing rates and have further to go. For example, Switzerland had a surprise 1% easing just announced. I think the dollar goes higher for the short term.
Rdidculous, the dollar like everything else has a value that is worth exactly what it's worth today. The fact that it fluctuuates and overshoots should surprise no one. Since you are speculating on the future value of the dollar, I'll throw mine in as well. Was it oversold 3 months ago? Likely. Overvalued in 2000? Probably. If you see deflation and the price of commodities continuing to drop due to slack demand and if you see their Cenbtral Banks as well as Europes Banks getting more aggressive with their credit easing, I think it's clear the dollar will continue to strengthen in the near to interemediate term.
U.S. Dollar Strength and Implications for Gold [View article]
U.S. Dollar: The Next Bubble to Pop [View article]
Andrew Hughes, what evidence do you have that US Creditors are getting nervous? Treasuries are paying the lowest rates in decades. If there were no demand for them, don't you think rates would have to be higher to sell the debt?
Why Has the Dollar Rebounded - And When Will It Correct? [View article]
Dollar Strength: An Illusion [View article]
Dollar Strength: An Illusion [View article]