Category: US Dollar
The analysis published under this category are as follows.Monday, March 25, 2013
The U.S. Dollar and the Real Inflation Story / Currencies / US Dollar
I can’t tell you how many talking heads I've watched in the media recently touting the strong dollar. Sometimes I really wonder whether Homo sapiens are an intelligent life form. Remember, this is the same species that created the Tulip mania … and the tech, and real estate bubble.
Folks, in the real world it just isn't possible to have a strong dollar if you are counterfeiting 85 billion of them a month. That’s just basic common sense, which seems to be an extremely rare commodity in the world today.
Read full article... Read full article...
Saturday, March 23, 2013
U.S. Dollar Fiat Cliff / Currencies / US Dollar
I would like to start this piece by recommending a rather thorough and viable chart study of the US dollar by an analyst writing under the pseudonym Rambus, titled Dollar Bears Prepare to Hibernate. Rambus has produced some excellent charts in this piece along with sound analysis, and in my view, provided readers with valuable information and insights.
It is my hope that Rambus and the readership at large will not mind if I attempt to add another layer to his cogent work.
Read full article... Read full article...
Monday, March 18, 2013
U.S. Dollar Bears Prepare to Hibernate / Currencies / US Dollar
Today I would like to show you the Chartology of the US Dollar based on charts from the short term to the very long term that are painting a positive picture for the US Dollar. What I’m seeing on the charts is not going to be just a short term event type thing but a longer multi year positive change for the dollar. Understanding the movements in the dollar can help us understand other movements in other areas of the markets which is very important to getting the big picture right. If you can get the big picture and trend right that goes along way in knowing which side of the market to be on. In a bull market you want to trade with the uptrend and when your in a bear market you want to trade with the downtrend. This is simple to understand but much harder to do in practice. So with that said lets take a good long hard look at the US dollar and see what the charts are telling us.
Read full article... Read full article...
Thursday, February 21, 2013
Fiat U.S. Dollar Approaching Resistance In Middle Of Trading Range / Currencies / US Dollar
The best thing about reading developing market activity is that it leads you to a logical conclusion, and when things are not clear, that too, is a logical conclusion, saying: No edge, stay away. Because charts are the visual form of final decisions made by all participants, we are getting the best source for collective thinking about a market's direction. What we get to do is read what message the market is sending.
It is always important to put the market into a context. Many traders are eager to "catch the next move," often based upon a myopic view of price behavior. Most who look at charts view the daily and intra day, looking for the next winner, often getting another loser. Here is a current daily:
Read full article... Read full article...
Monday, February 11, 2013
Forex Fiat U.S. Dollar Index – Charting Imagination / Currencies / US Dollar
Federal Reserves Notes, [FRNs], are not "dollars," despite the purposefully deceptive mislabeling of them, [mis]using that noun. FRNs are commercial debt instruments, issued by the privately owned Federal Reserve Bank whose owners are responsible for the largest Ponzi scheme [un]known to man. Some get it, the vast majority do not.
[For those incapable of dealing with facts that shake their reality, you can skip to the charts, below, or just skip this commentary in its entirety. The Rothschild Formula, what we call the Great Ponzi Scheme, is unraveling.]
Read full article... Read full article...
Tuesday, January 29, 2013
Is the Fed Doping the Greenback? / Currencies / US Dollar
For seven years Ben Bernanke has played Master of the Universe, that is, has been Chairman of the Federal Reserve (Fed). Bernanke vehemently denies his actions put the US economy at risk. Au contraire, having prevented the US economy's collapse, the Fed's actions have yielded profits to taxpayers. Naysayers lament money doesn't grow on trees, value can't be created through the printing press.
Read full article... Read full article...
Sunday, January 27, 2013
The Fed’s Plan B - "We're Going to Kill the Dollar" / Politics / US Dollar
How do you solve a problem when you’re running a 10% fiscal budget deficit? You are not going to get growth without private sector credit demand. The government’s idea right now is that we’re going to export our way out of this, and when I asked a senior member of the Obama administration last week how are we going to grow exports if we will not allow nominal wage deflation? He said, “We’re going to kill the dollar.” Kyle Bass interview.
Read full article... Read full article...
Thursday, December 27, 2012
Comex Pressure Point, The Coming Isolation Of The US Dollar / Currencies / US Dollar
The typical human reaction to any infection, vermin, danger, or toxicity is to stand back, to isolate the agent, to trap it, to prevent its further spread or release, then to remove it in a safe secure way if possible using trained professionals. Eventually decisions must be made on the level of acceptable risk on the removal, like what is willing to be lost or damaged or killed in the process. Risk analysis, cost trade-offs, and minimization decisions must be evaluated and executed. The toxic agent in global trade, global banking, and global bond market is the USDollar. In 2009, the Jackass began making a certain firm point. Those nations that depart from the entire USDollar system early will be the leading nations in the next chapter, with stronger foundations, richer solvency, emerging economies, healthier financial markets, efficient credit engines, growing wealth, stronger political helm activity, and better functioning systems generally. Imagine a contaminated blood system that infects, corrupts, and destroys all interior organs from the spread of the toxin.
Read full article... Read full article...
Thursday, December 13, 2012
US Dollar Index Very Long Term Chart - A Rake's Progress / Currencies / US Dollar
Here is an end of year update on the very long term US dollar chart, la douleur du monde.
As a reminder, this is a chart based on the DX dollar index.
That index is woefully out of date with the progress of the world economy and the currency wars with their competitive devaluations and rising currencies of the developing nations.
Read full article... Read full article...
Tuesday, December 11, 2012
Dissecting the US Dollar, Biotech – The Next Major Bull Market After 2020 / Currencies / US Dollar
Sometimes a very simple picture can replace 1000 words, so as such, this brief update will illustrate what is driving the market. There was a minor shooting star doji put in place yesterday, which suggests weakness into the start of next week before starting to rise towards 81.5. Other charts that will be presented on Wednesday will illustrate that the coming top will be just that and in the process, create a setup for a very sharp decline. After wave [E] completed a long-term triangle, a subsequent cliff-like decline occurred, which appears to take the form of an elongated flat to form wave (A).
Read full article... Read full article...
Wednesday, December 05, 2012
More Cracks Appear for U.S. Dollar as Reserve Currency / Currencies / US Dollar
Sasha Cekerevac writes: The U.S. dollar has been the world’s reserve currency for decades, but that position might be under attack. With the rising level of U.S. debt, many countries around the world are questioning the position of the U.S. dollar as the reserve currency.
Read full article... Read full article...
Wednesday, December 05, 2012
U.S. Dollar Cliff? / Currencies / US Dollar
As election euphoria settles and the "fiscal cliff" approaches, what are the implications for the dollar? Even as federal deficits may be unsustainable, stocks and bonds are up, and while the dollar may have resumed its long-term downward trend, the greenback has hardly fallen off a cliff. We look at how different tax policies might affect the U.S. dollar.
Read full article... Read full article...
Thursday, November 08, 2012
Cost of Presidential Campaigns Show Big Problems for the U.S. Dollar / Currencies / US Dollar
There has been much discussion recently about the growing cost of running to be President of the United States. The Presidency has been described as the ultimate recession proof commodity. Others might tell you it’s just the price to climb aboard and loot the good ship America.
Whatever is true, the dollar cost of getting into the Oval Office has been rising at a stunning pace, and this is no new phenomenon. Interestingly though, the cost in gold ounces of running for office has not been rising nearly so fast.
Read full article... Read full article...
Thursday, November 08, 2012
U.S. Dollar Technical Analysis and Trend Forecast 2013 / Currencies / US Dollar
No surprise, Barrack Obama handily one the US election, which means that with silly season over, they voted the same rascals back into the White House instead of a different batch of rascals. In the end, Mickey Mouse or the Pope could have been stuck into power in the US, the fate of the currency was baked in the cake a long time ago and we are simply following the cycle path. Today's update will provide some clarity regarding the US Dollar Index, as the developing pattern is somewhat recognizable (Refer to Figure 7).
Read full article... Read full article...
Wednesday, October 31, 2012
Fiscal Cliff's Biggest Surprise Could Be a Rising U.S. Dollar / Politics / US Dollar
Keith Fitz-Gerald writes: My grandmother Mimi had a saying that was as blunt as it was uncouth. "When the stuff hits the fan," she used to say, "it will not be evenly distributed."
This one came up often when she sensed that world events were about to take a turn for the worse.
Read full article... Read full article...
Wednesday, October 31, 2012
U.S. of A(sia) United to Weaken the U.S. Dollar?! / Currencies / US Dollar
Our leaders want a weaker dollar and a stronger Chinese renminbi (RMB). That’s our assessment based on recent comments by President Obama, presidential hopeful Romney and Federal Reserve (Fed) Chair Bernanke. If you join them in that call, OK, just be careful what you wish for, or at least consider taking action to protect your portfolio.
Read full article... Read full article...
Tuesday, October 09, 2012
What to Expect When U.S. Dollar Reign Comes to an End / Currencies / US Dollar
Martin Hutchinson writes: Lloyd Blankfein has got it all wrong again.
Speaking last week, the Chief Executive of Goldman Sachs (NYSE: GS) claimed that if the "fiscal cliff" of tax increases and spending cuts go into effect on January 1, the U.S. dollar would lose its reserve currency status.
As the Vampire Squid's representatives often do, Blankfein actually has it backwards.
Read full article... Read full article...
Wednesday, October 03, 2012
The Fed Plays All Its Cards, Road Map for Currency Debasement / Currencies / US Dollar
There never really could be much doubt that the current experiment in competitive global currency debasement would end in anything less than a total war. There was always a chance that one or more of the principal players would snap out of it, change course and save their citizenry from a never ending cycle of devaluation. But developments since September 13, when the U.S. Federal Reserve finally laid all its cards on the table and went "all in" on permanent quantitative easing, indicate that the brainwashing is widely established and will be difficult to break. The vast majority of the world's leading central bankers seem content to walk in lock step down the path of money creation as a means to economic salvation. Never mind that the path will prevent real growth and may ultimately lead off a cliff. The herd is moving. And if it can't be turned, the only thing that one can do is attempt to get out of its way.
Read full article... Read full article...
Wednesday, September 26, 2012
Death Knells For The US Dollar, Gold Price Ready To Explode Upward / Currencies / US Dollar
The recent decision by the US Federal Reserve to contaminate the financial body until it responds favorably was the last straw in my book. Witness a declaration of permanent QE and hyper monetary inflation of the most virulent strain, unsterilized. The USFed is essentially admitting failure. The signal serves as the loudest death knell for the USDollar among many in a sequence. On a similar parallel note, lighter and more humorous, one might be reminded of the pirate swash buckling style of yelling at the swabbies that the beatings will continue until morale improves. The QE bond monetization of USGovt debt has turned viral and entrenched. It is sold as stimulus, when in fact it acts like a giant wet blanket on the USEconomy. It is intended as stimulus to businesses, but the effect is felt on the financial speculation and on Asian direct business investment. In the past the emergency lever device had been successful only because it was used on a temporary basis. But now the USFed high priest assures it is a permanent fixture, a sign of their failure. The public is too ignorant to comprehend the ruin. They can only see the threat to their personal ruin.
Read full article... Read full article...
Wednesday, September 19, 2012
Fed to Debase U.S. Dollar? / Currencies / US Dollar
Is the Fed’s goal to debase the U.S. dollar? The Federal Reserve’s announcement of a third round of quantitative easing (QE3) might have been the worst kept secret, yet the dollar plunged upon the announcement. Here we share our analysis on what makes the FOMC tick, to allow investors to position themselves for what may be ahead.
Read full article... Read full article...