DRumsfeld

Artificial U.S. Dollar Rally Is Coming to an End

Nobody knows what is happening and that is why we are having these wild forex swings. My bet is that the Dollar will severely decline in 2009 once the true crises in the USA is realised and people realise that Obama cannot fix it. Obama's plan is to spend spend spend and this means borrow borrow borrow. It is unrealsistic that the Bond market can survive the coming blitz of money demand. Expect monetisation and a falling Dollar.

The Euro will be under pressure, but the major economies have high savings rates and do not have to print money to afford priming the economies. A big and substantial difference. The US has negative savings (Govt and private), massive debt and a severe and worsening economy. The US also needs to borrow over $2.5bn a day right now just to stay afloat. Seems unrealsistic for this continue with interest rates at zero.

The "DOPE-DUD" Phase For Canadian Banks?

I have been studying and investing in the markets for a good few years now. Never before I have I ever felt so overwhelmed by the shere magnitude of a poblem.

Where the hell is my money safe? I actually wish that all my money was in gold. I have gold but boy oh boy I wish it was in that 'relic'. I thought that the Canadian Dollar was good but now I just do not know.

The Deal's Getting Done, But Will It Work?

You say that the Govt has only ever made money from Chrysler. I keep reading everwhere that they made money from the Savings & Loan crisis in the late 80's. What is correct? If they did make money from S&L how much did they make?

A Flight to Safety, But What's Safe Now?

The yield on US Treasuries is almost zero. Gold, is a lot safer than what else is on offer.

Gold is going to go a lot higher and so are other commodities. Why? Simple, because something tangible is a darn site better than fiat currencies. Benanke has just increased the availability of debt provision in the USA to an unlimited number (see FT). Why? He is running out of money after bailing out Fannie, Freddie, AIG etc. He and Paulson know that the USA needs a lot more money. The Dollar will tank eventually along with the markets.

I am not a gold bug, I am a realist who wants to protect his money and this is where it is at.

Week in Review: Dollar's Biggest Advance Vs. Euro in 3 Years

The only post here which shows someone with economic knowlege is SWRichmond.

Look at this:- patrick.net/housing/co...

Bernanke is talking the talk but he will not walk the walk. The markets in the short term will let the Dollar rise as they want to trade and make money. But in the Autumn they will test his resolve and he will not be able to raise interest rates enough without killing the financial and housing markets.

Bernanke has stated that he will do everything to prevent deflation. Raising interest by more than 0.25%(very unlikely) is not going to happen. The Dollar is going to fall a lot lot further. As for oil, this will continue to rise. Who is going to win -the markets or the Fed: no contest, the markets.