Posts Tagged ‘ US dollar ’
It's not technically a new decade yet. But if the trade of the last decade was to sell stocks and buy gold, then maybe the best trade for the next ten years is to sell bonds and buy energy. Gas, coal, oil, conventional, unconventional, renewable, alternative. You have a whole ...read more
The Market Versus the Fed’s Money Supply
Oct 14th, 2008 | By Ed Bugos | Category: Currencies, Economics, Gold
The title of this alert just means the value of something is what the market says it is. It does not mean that value won’t change tomorrow, and it does not mean that if the direction of the market changes tomorrow, it was wrong about today.
If the market says that ...read more
Inflation and Deflation
Sep 30th, 2008 | By Byron King | Category: Commodities, Economics, Gold
Have you followed the recent rise in value of the U.S. dollar? Through late summer, the dollar increased in value against the euro, as well as the yen and numerous other currencies.
Also, as August rolled on, gold fell from a price over $900 to under $800 per ounce. And oil ...read more
The Case for Gold
Apr 16th, 2008 | By Adrian Ash | Category: Macro Economics
“Four charts, one metal, and the whole world wrapped up in trying to price risk and reward in a fast-shrinking currency...”
YOU CAN LINK THE HISTORIC SURGE in gold prices starting mid-August 2007 to many apparently disparate things.
Pick the right link and you might be able to tell whether it’s worth ...read more
2008 First Quarter
Apr 8th, 2008 | By Byron King | Category: Currencies, Macro Economics
I AM SURE GLAD TO SEE THE FIRST QUARTER of 2008 behind us. It seemed as if every couple of days there was more bad economic news. Each announcement was worse than the last. The banks, investment houses, hedge funds, etc. just pumped out the bilges with their financial gray, ...read more
The Global Effect of the U.S. Dollar
Feb 5th, 2008 | By Adrian Ash | Category: Currencies, Macro Economics
From Credit to Money, Part II
“Living in a credit era, we cannot go back to a currency era without massive upheavals.”
— Robert L. Smitley, Popular Financial Delusions (1933)
WHY DON’T WE JUST DO AWAY WITH all the different currencies of the world and settle on one single money to buy, sell, ...read more
Beauty and the Beast? Gisele vs. Bette
Nov 14th, 2007 | By Adrian Ash | Category: Currencies
“The current surge in gold prices doesn't reflect only dollar weakness. Confidence in all official currencies is evaporating fast — and with today's current crop of central bankers in charge, is it any surprise?”
WITH ALL EYES NOW SQUINTING at the fast-vanishing U.S. currency, it was only ever a question of ...read more
What You Probably Didn’t Know About the U.S. Dollar and Gold
Aug 27th, 2007 | By Ed Bugos | Category: Gold
I turned bullish on gold in the late ’90s, in my former post as a stockbroker.
The collapse of the “strong dollar policy” of that period formed one of the major premises of my case for gold at the time. However, by early 2005, as the currency reached my original target ...read more
Is $100 Oil Coming? $200, Anyone?
Jul 24th, 2007 | By Michael Shedlock | Category: Oil
Analysts at Goldman and CIBC say $100 oil may be just months away:
“The $100-a-barrel oil that Goldman Sachs Group Inc. said would prevail by 2009 may be only a few months away.
“Jeffrey Currie, a London-based commodity analyst at the world's biggest securities firm, says $95 crude is likely this year ...read more
Focus on Currencies, Part II
Feb 13th, 2007 | By Michael Shedlock | Category: Currencies
Let's kick this section off with the question: What is the carry trade?
The answer comes from the San Francisco Fed in an article entitled, "Interest Rates, Carry Trades, and Exchange Rate Movements":
"What is the carry trade?
"In the most common version of this strategy, an investor borrows a given amount in ...read more
