As the Dollar Rises and Gold Falls, Should We Get Ready for Fed Rate Hikes? [View article]
At some point traders will remember that cash is a commodity and that the dollar is under-priced. It is the ideal commodity; easy to store, easy to move and doesn't spoil easily. Why sell the dollar for seventy cents in Europe when it is worth more than that at home? If the rest of the world wants the fruits of American labor they should be glad to pay full price. How long should you continue to support and defend those who treat you like a fool. James E Gambrell
How Will Markets React to a Dollar Rise? [View article]
Dollar, euro, 100yen at par before 2012 election. One major currency without changing name. Interest rate stable/invariable; +/- .25% Out on a limb?..James E Gambrell
As the Dollar Rises and Gold Falls, Should We Get Ready for Fed Rate Hikes? [View article]
At some point traders will remember that cash is a commodity and that the dollar is under-priced. It is the ideal commodity; easy to store, easy to move and doesn't spoil easily.
Why sell the dollar for seventy cents in Europe when it is worth more than that at home? If the rest of the world wants the fruits of American labor they should be glad to pay full price.
How long should you continue to support and defend those who treat you like a fool. James E Gambrell
How Will Markets React to a Dollar Rise? [View article]
One major currency without changing name.
Interest rate stable/invariable; +/- .25%
Out on a limb?..James E Gambrell