Discussion in 'Financial Cents' started by Quigley_Sharps, Apr 13, 2015.
interesting time to sell Gold?
Good time to purchase that ART that is listed in Euros.
I loved skewed statistics...dollar rising against Euro or Euro depreciating faster than dollar?
My first thought Sea.
Hmmm....dollar up...gold/silver up at the same time....wonder why? That's not "normal".
The $9-trillion short that’s seen sending the U.S. dollar even higher - The Globe and Mail
Adrian Lee, whose eponymous investment company oversees more than $5-billion, does expect the dollar to keep strengthening and points to monetary policy as the biggest driver as the tightening bias of the Fed contrasts with a European Central Bank that’s expanding the money supply.
“The dichotomy between Europe and the U.S. is most interesting,” said Mr. Lee, chief investment officer at Adrian Lee & Partners, which has offices in London and Dublin. “If you ask where our strategy would be in a year’s time, we can easily have a forecast of the euro well below $1.”
He also sees another structural factor that’s underpinning the dollar: the U.S.’s shrinking current-account deficit.
The decline in oil prices -- even with the shale-gas revolution, the nation is still an importer -- has helped the U.S. reduce its trade shortfall to 2.3 per cent of gross domestic product, according to data compiled by Bloomberg. That’s down from a record 5.9 per cent in 2006.
For Mr. Jen, the rise in dollar-denominated debt across the globe is key. The $9-trillion owed by borrowers outside the U.S. has surged from $6-trillion at the end of 2008 -- when the Fed cut its benchmark interest rate to near zero, making it cheaper to issue in the currency.
If the dollar was actually "strong" - you wouldn't be heading into austerity.
so with the canuk buck at 75-80 cents per , that makes our fuel cheap for usa , Not for me , 4.75 per USG or 5.60 per Real imperial Gallon .
Just remember it takes about $10.00 to buy a pound of steak. Beef cattle are selling for $4.00 a pound or more making each one worth $6,000. and climbing faster then both currencies. Keep your gold/ silver/ livestock. These currencies are nothing but paper backed by blind faith. Soon the dollar will collapse when the Chinese tell Walmart pay in Yuan.
I remember Jim Rogers saying years ago the we would experience rising commodity prices in a deflationary environment, looks like he was right.
China's economy is slowing down and the Ruble is in the toilet due to low gas prices. I think the dollar is simply falling slower in comparison due to mass. Either that or it's just the next engineered bubble designed to strip wealth from the masses who fall for it.
I rely on my wife to make sure we aren't vulnerable by keeping our supply of dollars as low as possible...
I made loan to myself from one of my 401K's to pay cash for a tractor this week. The way I see it I have lowered my exposer to a crash + I'm paying myself back at 4.25%
Suck it Bankers
I took their no interest payments.
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