Recent content by option_trad3r

one of these: FAZ, TZA, EDZ, TYP, VXX .. Most likely FAZ though yep. it's FAZ !!!! :)

yes, but where can you get yuan savings here? it's not a floating currency.

Just a friendly reminder *NOT* to buy those ETFs as a long term investment. For short-term trading it's okay. Physical goods (real gold, platinum, silver, etc) are the only hedge against further dollar devaluation. It is no secret that JP Morgan holds a huge short position in silver too...

Today gold is over $1200 already. The dollar can reverse short-term but long term it's going much much lower. Next year we could have a brief pause in dollar slide (to prevent disorderly decline) but any bounce in the dollar is meant to be sold and the trend does not change. Other than...

I believe it's SCC. Disclosure: I have no position.

They simply just won't stop printing like mad, beyond normal. Yes, it's true that the money are just sitting at the bank's vault and hasn't exactly reached the economy yet. Some are being used to prop up stock prices and carry trade. But it will make it to the economy for sure. Once the...

whoa! A bunch of *billionaire traders* criticizing penniless Jim Rogers :D

This is it, guys :) Posted on Oct 23 just before the dollar rallied. In my opinion, gold will soon exceed the all time high that was set before. It could dip to $950, however. $600 billion military spending, extension of home buyer tax credit, healthcare bill, 99 weeks of unemployment...

FYI, hyperinflation in Weimar happened after a brief period of deflation. The math just doesn't work and it's a ponzi scheme. It's like paying your credit card bill with your second credit card. So far, Japan. Arabs, and China will still buy treasury bond or else what they have will decline...

First of all, congrats to everyone who made money from this call :D Secondly, *be careful*, you are near a point where co-ordinated intervention can jam your trade. Leverage can kill. My long term view is that the math just doesn't make sense. The dollar needs to be devalued 50% further...

Bernanke is not out of ammo yet. He's got a variety of tools. Fundamental does not support dollar at the current level. But the noise is getting louder, especially with people like Jim Rogers, Peter Schiff, Soros, etc on TV saying things about the dollar. When you have too many people on one...

Yes, but it's not gonna be on a straight line. Right now there are way too many dollar bears. Quite a one sided trade. Perfect setup for intervention, then further collapse. Look at Euro and Swissy swan dive just now :D How many pips was that! Should be a nice opportunity to "diversify"...

I keep hearing about how the US dollar bottoming, with Elliot Wave and so forth. Maybe someone can explain the math. The gov't debt cannot be paid at all. They're paying interest with another debt. It's a ponzi scheme and someone will be left holding the bag. US Dollar is still very...

I already said Ben Bernanke is expanding the monetary base like a mad drunk on steroid and crack. My posts got bashed, I was ridiculed. Look for the thread - long equity, short us dollar is ben bernanke's zimbabwe bailout trade. I think there's a dip next week i'm going to buy more. Ben...

good find, thank you.