Category: US Dollar
The analysis published under this category are as follows.Sunday, October 21, 2007
America's Forgotten War Against the Central Banks / Currencies / US Dollar
Let me issue and control a nation's money supply, and I care not who makes its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)
Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and Andrew Jackson have argued and fought against the central banking polices used throughout Europe.
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Friday, October 19, 2007
The US Dollar Still Stuck In a Rut / Currencies / US Dollar
Jack Crooks writes: The finance ministers of six leading nations — Germany, France, Italy, Britain, Canada, and Japan — will meet with Treasury Secretary Henry Paulson in Washington today. And you can bet there's one topic they'll definitely want to discuss — the falling dollar.
How could they not? The dollar is as distressed as ever … the Canadian loonie is trading at multi-decade highs … and the euro has hit levels never before seen.
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Sunday, October 14, 2007
US Dollar Bear Market Could Run for Many More Years / Currencies / US Dollar
Jack Crooks writes: A rip current can suck even experienced ocean-goers out to sea. So it's no surprise that a weaker swimmer doesn't stand a chance amid such a powerful force.
Right now, the U.S. dollar is in a similar situation. The greenback has been caught up in a sea of fierce selling pressure. All it can do is flail out in the open waters, growing tired and weak. And even news that would normally be positive for the buck doesn't seem able to save it.
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Thursday, October 11, 2007
The Sinking US Dollar! / Currencies / US Dollar
Look at that graph. That's a bull market in action. It just can no longer be held back. I've watched gold shifting back and forth and there is clearly resistance above 700. Yes, there below is my baby. Struggling now to top out at 750 an ounce. Go for it little one.
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Wednesday, October 10, 2007
GOLD THOUGHTS - US Dollar Reaction to Employment Figures Manipulation - From -4000 to +89000 / Currencies / US Dollar
Economic collusion? Bailout Ben Bernanke needed some help before September meeting on U.S. interest rates. He needed economic numbers to justify an interest rate cut intended to bailout the banks. U.S. Department of Labor(DOL) apparently was quite willing to aid the FOMC. DOL reported, before FOMC meeting, that U.S. employment fell by 4000 jobs. With this report, the FOMC moved to lower U.S. interest rates.Read full article... Read full article...
Tuesday, October 09, 2007
What is Happening to the US Dollar? / Currencies / US Dollar
Reading about the US dollar has once again brought home to me just how little our economic commentariat understand about the links between exchange rates, money supply and the balance of payments. Even today misconceptions about the balance of payments are still deeply rooted in mercantilist thought. Mercantilists came to theorise that an increased volume of gold would have the effect of stimulating production and increasing national wealth. They therefore concluded that an export surplus would make a country prosperous. They further reasoned that a trade deficit would eventually drain the kingdom of precious metals and thereby impoverish it.Read full article... Read full article...
Friday, October 05, 2007
Are There Too Many US Dollar Bears? / Currencies / US Dollar
As a contrarian, it is my nature to worry when too many people start agreeing with me. Currently, many of my most vocal critics, who had previously ridiculed my warnings about the dollar, now concede that it will continue to decline. With so many people now on the bandwagon, some currency watchers have asserted that sentiment now has nowhere to go but up, and that the stage is set for a dollar rally. Although I am unnerved by the company, I take solace in the fact that the conclusions that many of these nouveau-dollar bears draw are completely off the mark.Read full article... Read full article...
Friday, October 05, 2007
The Rush Out of the US Dollar - Watch These Key Currency Moves! / Currencies / US Dollar
Last week, I said the U.S. dollar could get whacked by blows from both the Middle East and the Far East. I told you how Saudi Arabia was backing away from its allegiance to the greenback and that other countries throughout the Gulf — and Asia — could soon do the same thing.
Now, we're hearing even more rumblings from both fronts …
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Wednesday, October 03, 2007
Loss of Confidence in the US Dollar As it Crashes Towards USD 40! / Currencies / US Dollar
Dollar Faith & Failed Trinity: Faith and confidence in the USDollar, in management of the US banking system, in the viability of the USEconomic structure, in the image of Wall Street honesty, and in the integrity of USGovt federal finances are all at historic lows. Repair seems close to impossible. The US Congress, the current presidential Administration, the USFederal Reserve, and the US Dept of Treasury together appear to be in the center of a grotesque policy failure morass.Read full article... Read full article...
Monday, October 01, 2007
US Dollar Crash - Explosion in Currencies, Gold, Crude Oil, Food! Urgent Steps ... / Currencies / US Dollar
The dollar's crash is now so fast and so severe, it's setting off nearly every other market on the planet:
Foreign currencies are exploding!
The euro has just catapulted to 1.427, its seventh consecutive all-time record high.
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Saturday, September 29, 2007
A Weaker US Dollar is Good for the United States and its Trading Situation - Economic Myth Busters / Economics / US Dollar
Last week seemed an appropriate time to take a break. The big Fed ‘surprise' announcement resulted in most columnists dedicating their weekly missives either towards approval or condemnation of the action. Frankly, I am tired of the Fed, tired of the media spin on lower interest rates and the weaker dollar. It is the latter which compels me to pen this second volume of ‘Myth Busters'.Read full article... Read full article...
Friday, September 28, 2007
A One-Two Punch for the US Dollar from the East / Currencies / US Dollar
Jack Crooks writes: The U.S. dollar index has just plunged to its lowest level of all time.
Back in 1992, its extreme intraday low was 78.19. Yesterday, it reached 78.16 – a historic event that signals a stronger and more imminent cascade of selling to hit the dollar from all sides.
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Wednesday, September 26, 2007
Crouching Dollar, Golden Investment Opportunity! / Stock-Markets / US Dollar
Sean Brodrick writes: The U.S. dollar is on a slippery slope — down more than 8% from its highs earlier this year and down 54% from its all-time highs.
Make no mistake: The fundamentals have not changed, and the buck probably has lower to go — perhaps much lower. Here's a quick summary of what's driving the greenback lower …
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Monday, September 24, 2007
US Bonds Collapsing! Foreigners Abandoning the US Dollar! / Interest-Rates / US Dollar
Martin Weiss writes: If you thought the dollar's collapse would not affect you, think again! Here's what's happening:
First, U.S. bond prices are collapsing: In the two days after the Fed's rate cut, the price of the long-term Treasury bond plunged more than two and a half points, including the worst single-day plunge since September of 2003. This means bond yields, which move in the opposite direction, have surged.
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Friday, September 21, 2007
Bernanke and the Saudis Punish the US Dollar! / Currencies / US Dollar
Jack Crooks writes: With the dollar barely above an all-time low against a basket of the world's major currencies, two major events have now burst onto the scene, slamming it even further:
First, Ben Bernanke and his friends at the Federal Reserve decided to give the stock markets a generous gift, but in the process, have also decided to abandon any vestige of support for the U.S. dollar.
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Wednesday, September 19, 2007
US Dollar Downtrend into March 2008 / Currencies / US Dollar
Morning all, I have looked at the USD and there are many uncertainties about how things unfold. There are some clues presented that suggest the new course the USD is likely to ensue over the course of the next 2 years. The dollar failing to have any resistance on the path below 80 required acceptance that the USD was going below 80. If a triangle is still forming, it is going to have a descending angle to it, which poses very bearish upon its resolution (still mid to late 2009).Read full article... Read full article...
Tuesday, September 18, 2007
Intermarket Reactions to Fed: It All Starts With the US Interest Rate Cut / Currencies / US Dollar
A lowering of the Fed Fund rate creates many short and long-term effects within the different markets. Though the easing is designed to stabilize the economy, in light of the sub-prime credit crunch, and prevent the U.S.A. from drifting into a recession, there is also a chain reaction that develops due to this decrease.
The strength of a currency in the world markets is largely dependent on the fundamental health of the country and the interest rate being offered. The more fiscally secure the country, generally the lower the rate. The opposite is also true. Financially weak countries require a higher rate of return to remain competitive against other currencies.
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Tuesday, September 18, 2007
US Dollar Collapse Imminent - What's Under Your Mattress? / Currencies / US Dollar
I'm not trying to get personal here, I don't' care about your magazines, or other objects you may keep under your mattress. But we ask, how frequently do you here someone say, ‘I'm going to put some dollars under my mattress for a ‘rainy day'? Well, readers, we have some ‘rainy days' coming and the question will not only be:
1. Do you have something under your mattress?
but, more importantly
2. What do you have under your mattress?
Monday, September 17, 2007
US Dollar Dives to New Low Against Euro / Currencies / US Dollar
Last week the Euro hit an all time high against the US dollar after speculation intensified that the FOMC (US equivalent of the bank of England ) will cut rates to ease the credit crunch which has plagued the equity markets and lending institution world wide.Read full article... Read full article...
Monday, September 10, 2007
US Dollar is Crashing! Time for Action! / Currencies / US Dollar
Martin Weiss writes : The U.S. dollar is crashing. It's crashing against the euro, the pound, the Swiss franc and, especially the Japanese yen.
Just this past Thursday, for example, one U.S. dollar could have bought 115 yen; on Friday, it could buy only 113. In just 24 hours, the dollar fell more that it would historically fall in 24 weeks!
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