Market Predictions: 'Crazy' About the Dollar [View article]
You Americans are stupid,sorry,if you trust your Federal Rrserve. All your debt is being recycled from Treasuries held by Foreign Central Banks into pesos,reais,rubles and gold and other hard assets. For your stinky $ to go up the Fed must rise rates to 10% and even then it will be too late as you are all,as a country just went bankrupt. Look for ECB (European Central Bank) to begin rise rates as we,Europeans,know what your economy is worth. EUR will rebound soon to 1.70 and USD will stay at this or lower levels before you will not open your cards as you are bunkrupt. Bankrupt currencies are not worth much.
Silly analysis,sorry,it is like after the rain to say it was raining. The real thing is not what happened,but what will happen. The USA economy is in the great depression with banks falling and companies going bankrupt,peple losing their houses and jobs. The only thing Americans can do is to export their goods at the discount,same Japanese do with their Toyota and Sony etc.,and even this didn't helped to bring Nikkei225 back for almost 20 years it is 70% below it's high o 45,000 points. We are in the bear market for USD,US stocks to last at least another 10 years.One day of USD jump made you crazy,it is a dead cat's bounce.Look for EUR to be at 1.60 very soon (till September) and 1.70 thereafter.Dow Jones at below 10,000 till September and in October below 9,000.Oil reached it's bottom for sure,maybe there is more technical selling to come by and we see it few bucks lower,but it will be braken immediately as fundamentals are here and everybody fights for energy future resources (Iraq war before,next move Iran-DISASTER),Natural Gas so cheap,is like buying new Diesel jeans for 1$ forever... Forget about charts,look into your neighbours bank statement,who will must sell his mutual fund (bonds,stocks everything goes) shares to pay for gasoline. Technicals are good for day trade and history we know anyway. medayski@yahoo.com
Market Predictions: 'Crazy' About the Dollar [View article]
All your debt is being recycled from Treasuries held by Foreign Central Banks into pesos,reais,rubles and gold and other hard assets.
For your stinky $ to go up the Fed must rise rates to 10% and even then it will be too late as you are all,as a country just went bankrupt.
Look for ECB (European Central Bank) to begin rise rates as we,Europeans,know what your economy is worth.
EUR will rebound soon to 1.70 and USD will stay at this or lower levels before you will not open your cards as you are bunkrupt.
Bankrupt currencies are not worth much.
A Closer Look at the Dollar Rally [View article]
The real thing is not what happened,but what will happen.
The USA economy is in the great depression with banks falling and companies going bankrupt,peple losing their houses and jobs.
The only thing Americans can do is to export their goods at the discount,same Japanese do with their Toyota and Sony etc.,and even this didn't helped to bring Nikkei225 back for almost 20 years it is 70% below it's high o 45,000 points.
We are in the bear market for USD,US stocks to last at least another 10 years.One day of USD jump made you crazy,it is a dead cat's bounce.Look for EUR to be at 1.60 very soon (till September) and 1.70 thereafter.Dow Jones at below 10,000 till September and in October below 9,000.Oil reached it's bottom for sure,maybe there is more technical selling to come by and we see it few bucks lower,but it will be braken immediately as fundamentals are here and everybody fights for energy future resources (Iraq war before,next move Iran-DISASTER),Natural Gas so cheap,is like buying new Diesel jeans for 1$ forever...
Forget about charts,look into your neighbours bank statement,who will must sell his mutual fund (bonds,stocks everything goes) shares to pay for gasoline.
Technicals are good for day trade and history we know anyway.
medayski@yahoo.com