The Weak Dollar Crowd Is Too Confident [View article]
Because the $USD is a safe haven as proved once again during the financial crisis when it along with the YEN were the only two currencies to appreciate in value.
All other currencies lost value.
On Nov 19 01:23 PM Wilson Siu wrote:
> Pls notify us and remind us about not being too bearish in USD when > the economy is really growing again and when the unemployment rate > drops back to at least 8%, with underemployment rate also dropping > back down to at least 5-6%.
The author has it correct that the US$ is a strong buy and about to appreciate further than it did last year during the crisis however it will be because of the break of the March lows from last year that cause the dollar to gain in value and not a recovery lead by the USA as the author believes. US recovery causes a weak dollar, look at the rally over the last few months and look at what happened to the dollar during the meltdown.
Do We Really Need a Global Central Bank? [View article]
Short, to the point, solid and well refuted arguments against Garten's poor piece of propaganda supporting the agenda of the elite bankers who desire one world currency and government.
Four Major Developments Gold Investors Should Watch [View article]
As a trader my primary concern is risk. You seem to only be concerned with the possible reward side. What happens if your magical $1,000 price level does not hold? What is your exit strategy? You do have an exit strategy right Jason?
We know overbought/sold can remain so for a very long time. Two months ago I never would had imagined the EUR/USD has the ability to test the 1.6035 high anytime soon. Now it is a possibility.
It is also noted that not only did the YEN appreciate during the crisis but additionally during the rally from the lows while the USD has once again continued it's devaluation the YEN has remained strong.
Money Supply: The Myth of Hyperinflation [View article]
I had no idea I was hoarding my own money and should had been keeping in on deposit at the Fed.
"what the Fed detractors neglect to mention is that the Federal Reserve didn’t print money to pay for the purchase of its new assets but rather sucked money out of the banking system that was being hoarded by banks, corporations and individuals."
In the future being a commodity based economy (gold nevertheless), close to China and having held up so well during the last down leg, the AUD dollar is a long term buy that is going to continue to appreciate.
Re: DJIA5000 comment above about "what is hard it is to go out of the trade before the masses, only few can do it. " now is time to be BUYING dollars and selling oil.
Gold in China: Private Buying Beats GDP, Savings Glut and Official Reserves [View article]
I thought India was the number 1 private buyer of gold, this is interesting. This just strengthens China hand even more. If the BRICK is able to diversify out of the dollar, I am sure Gold will play a portion of the basket they come up with.
Four Reasons We're Headed Even Higher [View article]
You shot yourself in the foot on point #3 the government made some wise investments.
Didn't you read the propaganda today, I mean headlines. AIG, Frannie & Freddie are zombie corps that will leave shareholders with nothing - that includes the US Gov.
See ya lower than the March lows - this bear is just hibernating my friend!
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Latest | Highest ratedThe Next Crisis: Spiralling Inflation, Part II [View article]
Thanks Nick, this is now my sell signal holding since the 2003 breakout.
The Weak Dollar Crowd Is Too Confident [View article]
All other currencies lost value.
On Nov 19 01:23 PM Wilson Siu wrote:
> Pls notify us and remind us about not being too bearish in USD when
> the economy is really growing again and when the unemployment rate
> drops back to at least 8%, with underemployment rate also dropping
> back down to at least 5-6%.
The Arithmetic of Gold: Why Its Price Has No Ceiling [View article]
[I’ve been recommending gold since June, for the last $100 or so of the run up]
The Dollar: A Strong Buy [View article]
Do We Really Need a Global Central Bank? [View article]
Four Major Developments Gold Investors Should Watch [View article]
Deflation Looms [View article]
The Euro Gets Some Legs [View article]
Is the Yen a Safe Haven? [View article]
Money Supply: The Myth of Hyperinflation [View article]
I had no idea I was hoarding my own money and should had been keeping in on deposit at the Fed.
"what the Fed detractors neglect to mention is that the Federal Reserve didn’t print money to pay for the purchase of its new assets but rather sucked money out of the banking system that was being hoarded by banks, corporations and individuals."
Aussie GDP Rises 0.6% in 2Q09 [View article]
Dollar Weakness Keeps Oil Buoyant [View article]
Re: DJIA5000 comment above about "what is hard it is to go out of the trade before the masses, only few can do it. " now is time to be BUYING dollars and selling oil.
Gold in China: Private Buying Beats GDP, Savings Glut and Official Reserves [View article]
Four Reasons We're Headed Even Higher [View article]
Didn't you read the propaganda today, I mean headlines. AIG, Frannie & Freddie are zombie corps that will leave shareholders with nothing - that includes the US Gov.
See ya lower than the March lows - this bear is just hibernating my friend!
Reset the Fed [View article]
Once all of the Fed's innervation to fight the crisis blows up and causes mass inflation you will also be blaming the Fed.