Saturday , 21 October 2017


Currencies

Will This Be The USA in 2012?

The economic condition of the country continues to decline toward its rendezvous with an, as yet, unknowable catastrophe. Here is... a look (not a prediction) at a series of not improbable events that could develop [and which] would change our economic world overnight. Words: 1550

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The Dollar Bear Is Returning In 2011! Got Gold?

These days it is almost impossible to find anyone who is long-term bearish on [the U.S. dollar], the stock market or the economy but I think they are all going to be wrong - horribly wrong. I believe that in 2011 inflation will spike horribly, the dollar will collapse, the stock market will begin its third leg down in the secular bear market and the global economy will tip over into the next recession that will be much worse than the last one. Words: 555

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Will the Trickle Out of the U.S. Dollar Now Become a Torrent?

Another brick has been taken out of America's dollar fundamentals. China and Russia intend to stop using the U.S. dollar and begin to pay for trade between their two countries in renminbi and rubles, respectively, from now on. Watch out America - with the coming demise of the U.S. dollar your free ride is over!

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A Return to the Gold Standard Has Major Shortcomings

World Bank president Robert Zoellick has stirred up a hornet's nest with his recent call for a return to a gold anchor in the global financial system. The usual suspects immediately denounced him - Keynesian Brad DeLong has [gone so far as to] anoint Zoellick the "Stupidest Man Alive" - [and I would like to add my voice to the chorus by explaining] the dangers of Zoellick's gold proposal, and why fans of the classical gold standard should be wary. Words: 1708

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USD Index Drop Below 72 Will Devalue USD by 50%

We are an environment in which a U.S. dollar (USD) collapse has fueled inflation trade mania. By launching additional quantitative easing (QE) measures at a time other central banks (e.g. the ECB and the Bank of England, among others) have renounced additional easing measures or are actively raising interest rates (e.g. China and Australia), Fed Chairman Ben Bernanke has made it clear he is willing to trash the USD. Words: 797

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What Latest QE Means for the U.S. Dollar and the Future Price of Gold

The first round of QE had already guaranteed that the U.S. dollar was going to be under severe duress by next spring and Bernanke has just added insult to injury with his latest quantitative easing virtually guaranteeing that we will have a major currency crisis by next spring [and that can only mean one thing - a parabolic move upwards in the price of gold]. Words: 550

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The Dollar is Doomed!

I would prefer a scenario in which rates rise slowly, and the dollar -- as well as the economy -- stabilize gently; while the alternative makes me wealthy, unfortunately, its actualization necessarily means I will be forced to watch everyone around me suffer - and that’s a troubling thought. Words: 1480

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U.S. Dollar In A Race To The Bottom With Other Currencies And The Winner Will Be Gold

[What we are experiencing these days] is a race to the bottom among global currencies. Whenever any nation wants to gain a little bit more of an edge in global trade they push the value of their currency down just a little bit more so that the products and services produced by that nation will be less expensive for other nations [and, as such,] other nations will buy more of those products and services. When exports go up, employment goes up and more wealth flows into the country. Who is the winner in all of this? Well, that is easy. Gold, silver and other precious metals will continue to be the winners as fiat currencies all over the globe continue to decline in value. Words: 1430

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The U.S. Dollar Index: A Deceptive Indicator of USD Strength

Most of the major financial news outlets and many investors have come to rely on the movements of the U.S. Dollar Index as a daily barometer of the U.S. dollar's relative strength and weakness taking it on faith that the Dollar Index is the dollar – pure and simple. In reality, the Index offers a very distortive view of the movement of the dollar against the currencies that matter most. If anything, recent movements of the Index are a reflection of euro weakness rather than dollar strength. Words: 1019

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