arkady

Expect Continued Pressure on the Dollar

Damn straight, could not have said it better myself.


On Nov 10 07:54 AM User 353732 wrote:

> The Canadian, Australian, Brazilian and South African currencies
> are genuine stores of value despite bad governments because all 4
> nations are net commodity exporters with vast endowments of real
> assets, esp., energy and mineral assets. Brazil will be an important
> oil exporter in 5 years and Canada and Australia have among the highest
> per capita endowments of real assets, including hydrocarbon assets,
> in the world(more than any Gulf oil producing nation).
>
> The US dollar however, is a fake currency. It is no longer a credible
> store of value or an honest medium of exchange.
> It is both a farce and a tragedy that the US Dollar keeps debased
> and dishonorable company with the Argentine Peso. Once the US Dollar
> becomes the US Peso , then even the Argentine false currency will
> look attractive to Americans......
>
> The US Regime keeps spinning webs of money illusion ,successfully
> deceiving a majority of Americans that the rising stock market, in
> dollars, is a sign of rising wealth, even as investors lose purchasing
> power. The S&P 500 looks less sick than it did a year when measured
> against fool's gold. When measured against real gold, it continues
> to look anemic and enervated.

Divining the Next Crisis: All Eyes on the Dollar

The question on everyone's mind is: When will the Fed cut the crap and raise rates? He is purposely debasing and watching the carry trade decimate our currency further. We cannot handle much more of this you know - if oil returns to it's glory highs of 150/barrell because Ben is too damn scared to raise the damn rates, we will be CRUSHED. With 17.5% unemployment (U-6) and businesses contracting, a spike in gas prices and heating homes will turn this recession into a disaster. It can all be avoided...

Is a Weak Dollar Creating a Bubble?

Well this is just nonsense, you sound just like our policy makers who think we can inflate our way out of any problem. This has been the ticket since 1987 and it has run it's course, because you can only expand credit to a certain point. Ultimately it will all come crashing down, because the banks are leveraged to the hilt and the consumer is completely tapped out due to crushing debt.

This irrational fear of deflation is precisely the same exact pattern that was seen in 1929-1932 when the massive inflationary campaign of 1921-1929 ran it's course.

Please snap out of this Keynesian fog and understand that until we liquidate every single rotten loan and end government intervention, we will prolong our agony.

The logic you are presenting is equivalent to: We have been drinking for 20 years and sobering up is very painful, in order to avoid withdrawal we need to drink more. Ok, drink more, until your liver shuts down.

Ultra Short Treasury ETF: Have Patience, Money Will Eventually Flow Again

What is the implication of long term positions with TBT? I don't understand the degradation argument, is it the fee of using the ETF or something else?

Impending Inflation? The Global 'New Deal' All but Guarantees It

You are just echoing what has been taught in US schools. Unfortunately it is all wrong and the New Deal did nothing - at all - for our economy. It just gave a sense to people that things were improving.

here: rkdpolitics.blogspot.c...


On Oct 28 01:02 PM akapital wrote:

> well, when I think of New Deal I think of FDR and the U.S. gov't
> itself spending loads of money on infrastructure (roads, bridges,
> schools, etc.). That was a catalyst that jump started the U.S. economy
> and the recovery from the great depression
>
> So if we do truly have a sort of Global New Deal where gov'ts start
> spending I think that will indeed get to the consumer sooner rather
> than later and spur growth and perhaps inflation.
>
> There are many large scale initiatives that many would argue global
> gov'ts need to invest in now:
>
> 1. Improve Water treatment, clean water preservation
> 2. Clean coal technologies
> 3. upgrade grid technology
> 4. alternative energy developments
> 5. public schools & public hospitals
> 6. highways and bridges

Impending Inflation? The Global 'New Deal' All but Guarantees It

I am also of the Austrian economic school persuasion, because they are right and Keynes is wrong. Too bad there are still many misguided people who believe that the monetary supply has nothing to do with it.

Great chart.

On Oct 24 10:04 AM Smarty_Pants wrote:

> OK. Limits on string lengths for posting don't help.
>
> Go to above link and enter "base" in the search box at the bottom
> of the page. Select the 10 year length of the plot that results for
> best perspective.

Investment Ideas for an Inflationary Environment

I actually wrote a piece recently that talks about much of the same thing.

Although I suspect we might be heading there due to the new administration.

rkdpolitics.blogspot.c...