Tag Archives: U.S. dollar

Greece is going to default and even take the euro, and maybe the EU, with it. There will be 5 investment opportunities should that unfold as expected and one of them will be the U.S. dollar. [Let me explain.] Words: 1187

According to conventional market wisdom, there are three safe haven currencies: the Swiss franc, Japanese yen, and US dollar. It is to these currencies that investors flock whenever there is a crisis, or merely an outbreak of uncertainty, and for much of the period following the collapse of Lehman Brothers, the three were closely correlated [but that is nolonger the case as the title of this article so indicates. Let me show you what has happened of late.] Words: 670

This summer will confirm that the US Federal Reserve has lost its bet: the U.S. economy has, in fact, never left the "Very Great Depression" which it entered in 2008 despite the trillions of dollars injected... Unable to launch a QE3, the Fed will helplessly watch interest rates rise, US government deficit costs explode, the world dive into an intensified economic recession, stock exchanges collapse and the U.S. dollar show erratic behavior before suddenly losing 30% of its value. Words: 1157

Most economists see the latest Q1 GDP stumble as a blip, something we shouldn't worry about because the economy is still on track for recovery...[but] another way to look at it is that the economy is being harmed by monetary inflation and we are seeing massive distortions in the economy as a result of this intentional Fed policy - economic growth is stalling and industrial production, manufacturing, non-manufacturing, durable goods production, retail sales and employment is flattening-to-declining... I think this is the correct way of looking at things and, [as such,] Q1 is not a temporary blip on the road to recovery... [but another mile down the road to economic stagflation, price inflation, lower real estate prices, continuing high unemployment, a weaker dollar, higher taxes and more - much more! Let me explain.] Words: 2997

“Gold bugs” routinely solicit my prediction regarding the future gold price, assuming I must be an “educated” gold bug since my hedge fund happens to maintain large gold exposure... [but such an answer] depends on variables [such as] what time period? Next week? Month? Year? Ten years? [and] compared to what? U.S. dollars? Euros? Real estate? Gummi bears! [Let me explain.] Words: 955

The U.S. dollar is in a classic dead cat bounce as it appears to fight desperately to avoid dropping below the much watched ‘72′ level. We say fight, but the real situation is not a fight at all; it's a managed decline by the United States to lower the value of its currency and ultimately inflate away the mountain of debt that it realizes is impossible to ever re-pay... [and that will be of major benefit to future gold and silver prices and even more so to the stock of companies that mine the metals. Let me explain.] Words: 1100

Silver has come crashing down right in line with the usual 11 year high. This has come also on a Pi cycle from the October 2008 low (31.4 months). Yet despite the blood and the carnage that is typical in this market [which is] prone to high volatility, whether this proves to be a long-term high of a major shake-out will be revealed in the weeks ahead. Words: 702

Sadly, the great American public doesn't understand what is happening...[and that it will be] on a greater scale than has ever occurred before in the history of mankind. It's going to hit the current generation of Americans like a whirlwind. It will be historic in its intensity and destructiveness. [Here is an attempt to enlighten them.] Words: 939

While the [financial] events of the past few months have not been a surprise [to many I can just imagine how shocking they must be,] however, for those just waking up to the ongoing implosion of our fiscal infrastructure, the bubbling inflationary meltdown just over the horizon, the nightmare unfolding around our national debt... With gasoline nearing $5 a gallon, grain prices doubling, and shelf prices beginning to skyrocket, it’s hard for even the most ignorant suburban schlep to remain oblivious to the problem anymore. We are no longer on the edge of the abyss; we have fallen into it head first… [Let me explain.] Words: 2311

The U.S. dollar is essentially at an all-time low against other currencies on both a real and nominal basis [and such a] weak dollar is a serious problem, but there is no reason yet to abandon all hope... [Let me explain.] Words: 1064