Posted:
#1
US dollar is poised for a major rally along with the breakdown in Gold and all commodities....Good luck...A friend
Dollar Poised for a major rally...Gold tops
Views: 252
Posts: 7
Posted:
#3
mikey,
so you have inside info that the FED has turned off the M3 pipe?
Until the FED stops printing, the dollar will not bounce. Also, a strong dollar means SEVERE recession/depression for the economy and market.
Cheap bucks have propped the economy and market, thus my opinion that the faucet will take YEARS to turn off..maybe next move up in the economy does the FED slow down the tidal wave.
so you have inside info that the FED has turned off the M3 pipe?
Until the FED stops printing, the dollar will not bounce. Also, a strong dollar means SEVERE recession/depression for the economy and market.
Cheap bucks have propped the economy and market, thus my opinion that the faucet will take YEARS to turn off..maybe next move up in the economy does the FED slow down the tidal wave.
Posted:
#7
mikey,
Actually that is not true. Gold tends to trade counter dollar. If the dollar strengthens than gold would PROBABLY decline, GOLD is also an false insurance hedge.
The dollar will NOT rally until the FED stops flooding the market. The price of the dollar is a function of supply and demand, if the supply keeps at current levels, the price will not increase. The EURO has not been floated, or supply constrained, rather is a function of the oversupply on the dollar.
Tell me how the dollar will rally if supply isnt stopped? If you want to go against the EURO, why not use a stronger more stable currency or just short the EURO rather than going long the dollar? I think it should take 5-7-10 yrs before the FED can stop the pipe, if it goes any faster it will destroy the economy.
Actually that is not true. Gold tends to trade counter dollar. If the dollar strengthens than gold would PROBABLY decline, GOLD is also an false insurance hedge.
The dollar will NOT rally until the FED stops flooding the market. The price of the dollar is a function of supply and demand, if the supply keeps at current levels, the price will not increase. The EURO has not been floated, or supply constrained, rather is a function of the oversupply on the dollar.
Tell me how the dollar will rally if supply isnt stopped? If you want to go against the EURO, why not use a stronger more stable currency or just short the EURO rather than going long the dollar? I think it should take 5-7-10 yrs before the FED can stop the pipe, if it goes any faster it will destroy the economy.
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