Bull Run

Is the Market Reversal Already Happening?

I agree Peter; there is NO shame in taking money off the table, particularly before the fund manager sell, at years end.

Saudis Drop WTI Oil Contract - But Why?

The middle east region is soon to have it's regional currency, with the Central bank located In Saudi's capital, maybe switching from US futures, into European pricing, there's a larger plan?

Dollar Could Surprise in 2010

2 points to consider; The Asian Zone is considering a currency for the area,( at meetings now on ) which will mean that all trade accounts will NO longer need the US dollar. Most Americans are still in denial, and believe the status quo will continue...well it won't. Most believe that to establish another trading currency would take years, well it won't. If fact it could take a weekend. All Asian countries have to do is agree; then each country according to it's economy's size buys into the new currency, hence from then on all accounts within the region are paid in this currency. The next region considering this is the middle east oil producing region. Again America sees their dollar, as if the world is forced to trade in US dollars; Yes it is convenient, and it's easy, because the system is all set up in US dollars, but it's also forces other world nations to pay for America's excesses, and now the world see advocating CHANGE. This means 2 things, 1) a collapse in the US dollar, and 2) a collapse in US equities. Foreign investors will pull money out of US stocks as they see the US dollar lose it's world currency status.. My point; watch for falling stocks, as a signal that large foreign (state) investors know of the coming change in world currency status. The world as we know it is coming to an END economically.

Canada GDP (for August) Disappoints

First and foremost in considering the CDN/US dollar is that politically the CDN dollar has always been pushed below par, so betting on a "par value" is risky. CDN historically has never had trade imbalances or current account deficits, and even govenment spending has long been kept in line with expenditures. The exception is of course recently. (Fed and ONT) The US on the other hand has never in memory had any form of a balanced book, (trade balance, current account balance or Federal and state spending ).

Ford: Volvo Talks with Geely May Have Hit a Speed Bump

With N. America auto sales projected at an annual rate of 9.5 million, I just don't see any room for GM. When auto sale were 17.5 million in the 2005-06 period GM had a customer, but not today..The 2006-06 period was GM missed opportunity to correct is balance sheet, but they decided not to, so Government Motors is just one to many car companies

Tuesday Outlook: Commodities, Global Markets

Dave; has GS replaced blackberry as a 4 horesman. I personally think Monday was the turning point in the market and we'll see some downward pressure on both equities and US treasurues. The US dollar may see a upward bounce on this, but even that cannot last. I guess the question is where to bet your money? I'm not big on gold at this juncture, so maybe staying on the sidelines is good. I cannot see anyone buying equities at this point, particualry after this HUGE run up, so taking a break, and taking your money, is sound reasonong. I was a big fan of Estrata, Mergers, sell-offs, but now that it has sold a big chunk, it not so pressed for refinancing in a couple years, so I am also a seller..

Nissan: Not Planning to Play a Role in Hybrids

I'm of the thought that hybrids are just a very expensive, development point of view, stop gap measure, and that full electric cars will soon be here. The problem facing auto comps. is that the annual sales in N. America is in the 9.5 million range, well below the 17.5 million in 2005-06 period. That leaves one US auto comp. out of the picture. I'm guessing GM will be the thing of the past by next year. There's just NO room for GM in the sales picture.

Friday Roundup: Commodities, Global Markets

To begin next week, I starting to have reservations. I think the week could be a disaster for N. American markets. With week transports coming in, and the market looking overbought, it will not take much of a sell-off to accelerate the sell-off, as many that are in the market, cannot afford loses in this economy.

Watching the Transports Index Closely

I'm in total agreement, I've spoken to people in the railway industry, about their traffic, and it's down. An economy relies on trains and trucks, and when their business is down, the economy is down. No matter what wall street may try to indicate.

Dollar Forced to Abdicate Its Throne

The international value of a country's currency,exchange rate, is more simply a credit rating of the country. After decades of huge current account deficits, and trade deficits, along with Federal and state budgets totally out of responsible control, the US dollar has only recently come under question. What has exasperated the world is America's turbo printing of debt and US dollars, and complete unwillingness to support the dollar. When the US tries to sell it's good oversees the question is what are other countries willing to pay for the dollar, in exchange for the goods. When countries are buying commodities internationally including oil, they first have to buy US dollars, and at what price. When the world pays it's international trade accounts they first have to buy US dollars, and again the question is at what price. America's irresponsible behavior towards supporting the dollar and it's economy, is continually putting the world's economy at RISK. Simply because the dollar is the reserve currency and the world currency. The world's reliance on a single currency has put the world's economies in a state of jeopardy. I believe very soon that the G20 will come up an alternative solution, with multiple international currencies, or a single blended currency. The current situation is unacceptable. The US is getting a free ride because it's currency status. The world has to support the dollar in order to do business, and the world is fed-up.

The Dollar as a Reserve Currency

1st of all there is NO such thing as a true floating currency, Japan has basically "pegged" it's currency with market intervention for decades, China has basically followed Japan's economic steps and pegged it's currency to the US dollar, achieving great economic progress. CDN has always tried to keep it's dollar below "par".The US dollar is the main reserve currency,by a large margin, but also it's the currency used to settle almost all international trade accounts. If the US, maintained balanced current accounts, trade accounts, and governments spending, then we would not be having this debate, BUT the world sees America continually printing dollars and printing US treasuries to support a unsustainable lifestyle, which the world has to pay for, not America. America has become the world's largest welfare case. Any other country which would attempt to print it's way out of a recessions, would have an immediate currency failure, but because the US dollar is the only currency used, as reserve and trade, the US gets a free ride. This has to END. And when it does America will really become a welfare case.

Canada Caught in the U.S. Dollar's Web

Politically the CDN dollar is always too high for the BOC. This because Central Canada is the Centre of Canada's manufacturing which needs a lower CDN dollar to export, and Central Canada determines Canada's election results. The problem facing the BOC is that it has already lowered the bank rate lower than the 1930's to 1/4%, and cannot go any lower. This leaves the BOC with no other option than to talk the dollar down, which it has been doing ovcer the last few days. The other option which America is famous for is QE or printing it way out of the problem, but Canada has never really done this and really has NO plans to do so. My thoughts are to buy CDN dollars on the dips, and wait for CDN rates to go higher..

History of the Dollar's Devaluation

The Fed has had a long history of Not protecting the US dollar, but as long as it maintains a world currency status, America will enjoy a free ride.

Thursday Outlook: Commodities, Global Markets

The US economy is built on excess and bubbles. why would it be different this time??

What's Next for Gold and the Dollar?

User 353, hit the problem on the head, the "American experiment has failed". The American capital model is really a giant "ponzy scam". More US dollars and US treasuries have to be continually printed to keep the American economy inflated. More bailouts, more bank lending at Zero% so banks can make excessive profits from printed money, more bailouts of American comp., more bailouts of unemployment insurance, more bailouts of FDIC, more state bailouts that are coming. No different than Floridians real estate ponzy scam, that needed new buyers with fresh credit to buy, to keep the housing boom going,or America's NYSE that needs new buyers to buy from previous stock holders, (GS), to keep Wall Street in the money. All this supports an inflated GDP that is made up of consumers spending more printed money or borrowed money, on Goods made in China, that No one really needs.The model (experiment) is BROKEN, and the secret is out. America can NO longer fake it.