Most people don’t realize is just how closely some currencies track certain commodities - specifically oil, copper and iron ore. Below are 5 world currencies that...[have significant correlation to such commodity prices].
Read More »These 5 Currencies Closely Track Specific Commodities
For more than a year now, commodity prices have been under pressure from the strong U.S. dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies. What most people don’t realize, however, is just how closely some currencies track certain commodities. Below are five world currencies that have been impacted by lower commodity prices.
Read More »U.S. Dollar Strength Suggests Continuing Decline in Canadian, Australian & U.K. Currencies – and Price of Gold – Here’s Why (+6K Views)
This article suggests that the Australian and Canadian dollars, and the British pound Sterling, can expect to decline significantly relative to the U.S. dollar in the months ahead and gold to decline even further relative to industrial commodity prices. Here's why.
Read More »Time to Sell the U.S. Dollar & Diversifying Into a Basket of Hard Currencies? (+2K Views)
Stocks are up. Bonds are expensive. Dollar cash is unlikely to preserve purchasing power in an environment of negative real rates. Diversifying to a basket of hard currencies might help to mitigate some of the risks out there. It clearly adds currency risk but in an environment where there may not be such a thing as a risk free asset, it might be a risk worth pursuing...
Read More »The USD Is Scraping the Bottom of the Barrel These Days
No matter how you look at it, the U.S. dollar is very weak - very close to its all-time lows. If the value of the dollar says anything about the world's confidence in the U.S. economy, the message is quite pessimistic. The only good thing to be said is that there is a lot of bad news that is priced into the dollar. It might be tough for things to get much worse. (Words: 1054; Charts: 7))
Read More »IMF to Consider Classifying the Canadian & Australian Dollar As Reserve Currencies
The International Monetary Fund said today that it is considering classifying Canada’s dollar, nicknamed the loonie for the image of a loon on the C$1 coin, and Australia’s dollar, as reserve currencies. Words: 285
Read More »What the Aussie Dollar Says About Global Risk
Being a true contrarian investor isn’t just about investing in unloved sectors of the market or specific stocks. It’s also about conducting research and discovering indicators that the crowd doesn’t follow — indicators that can help give clues as to the next probable direction of risk assets. I’m always on the lookout for such indicators, and have compiled many of them over my years of trading and investing. [Here's just one that bares scrutiny. Take a look.] Words: 610
Read More »Might Silver's Current Chart Similarity with 2008 Be Implying What's About to Happen to Rest of Market?
A look at the chart for SLV from September 2007 to August 2008 (11 months) and from November 2010 to October 2011 (11 months) is remarkably similar - almost identical in fact. Therefore, if silver continues to trace out a similar path to what transpired in 2008, what are the possible implications for stocks, bonds, currencies, commodities, and precious metals? Take a look at the following 19 charts for some possible outcomes. Words: 731
Read More »Your Savings and Investments Will Be in Dire Jeopardy Going Into 2012 Unless….. (+2K Views)
The United States is now so far in debt, it will never be able to pay it off, that is, without hyper-inflation. That subject alone will require many more articles than this. The sky is not falling (yet) but your savings and investments are in dire jeopardy going into 2012. You might wish to now do something to protect yourself. [May I offer the following investment ideas.] Words: 1648
Read More »What are the Alternatives to the U.S. Dollar? (+2K Views)
The Japanese yen, the British pound and the euro don’t offer any appeal over the dollar because the currency market is a beauty contest where the least ugly wins and not only is the dollar the least ugly, but it offers refuge when fear and uncertainty grip the markets. Words: 1006
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