The drop in the US Dollar is stunning

[Voodoo-king]

Quote from scriabinop23:

Ummm... You must learn the fundamentals.

Dollar drop is inflationary. Gold is now the hot commodity - it is already moving nicely. Oil is dead for a while, since global demand has fallen too hard and we all know OPEC has plenty of supply margin for a while so 'peak oil' speculation won't happen anytime soon.

lol but what happens when the last bubble pops, government bonds, more wealth destruction, this cannot be inflationary but rather the opposite, deflation is pretty much locked in at this point, if yields this low cannot stimulate the economy what happens when they get back up? when yields starts to move up and bonds sell off further dollar weakness is there to put fuel to the fire and dollar weakness makes investors demand more yield a vicious cycle, to bad the us government also needs to borrow more

 

[maxpi]

Quote from DonKee:

The explanation for this move is quite simple:

A friend told me last week that Prechter's EWT said the dollar and euro currency were in a 4th wave triangle and that the next move for the dollar was a 5th wave up / for the euro a 5th wave down.

Since the EWT has a such a high probability of being wrong just before a 3rd wave explosion, the "markets" wanted to keep their track record intact.

Please, EWT makes my stomach churn...

 

[rubibond007]

Quote from moarla:

country with the strongest military...



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you are not able to bring under control a small country like iraq

hahahahahahahah
ahahahahahahaha
ahahahahaha

Let me guess, you are from spain.

 

[bellman]

Give yourself a pat on the back. I've always confused inflationary, deflationary, depressionary, and recessionary. You, sir, are a great service to all ETers.

Quote from EMRGLOBAL:

Dollar getting crushed, makes for cheaper currency sure. It is Inflationary for the currency, I agree. But from across the spectrum, the weaking dollar is driving down key assets, which is deflationary.

Text book mumbo jumbo does not work in the "real world".

You can have a "weak currency", inflationary but an overall Deflationary situation, like the Depression.

Opec just said they will cut 4.2 million BP day. This is a huge signal. They are also concerned about "DEPRESSIONARY" forces.

Oil should hit 75 buy first quarter next year.

So, while in the "Class room" A falling dollar is a signal for Inflation, not so in the real world right now.

2010 could bring serious inflation once the trillions of Fed money take its toll.

Right now, LONG OIL is my play. I am putting 100% of my net worth in OIL and not looking back.

 

[scriabinop23]

Quote from EMRGLOBAL:

Dollar getting crushed, makes for cheaper currency sure. It is Inflationary for the currency, I agree. But from across the spectrum, the weaking dollar is driving down key assets, which is deflationary.

Text book mumbo jumbo does not work in the "real world".

You can have a "weak currency", inflationary but an overall Deflationary situation, like the Depression.

Opec just said they will cut 4.2 million BP day. This is a huge signal. They are also concerned about "DEPRESSIONARY" forces.

Oil should hit 75 buy first quarter next year.

So, while in the "Class room" A falling dollar is a signal for Inflation, not so in the real world right now.

2010 could bring serious inflation once the trillions of Fed money take its toll.

Right now, LONG OIL is my play. I am putting 100% of my net worth in OIL and not looking back.

Oil will do better when demand is real terms is stronger. Like I said, peak oil won't scare anyone if we all know OPEC has an extra 5mbpd of capacity under its sleeve. Thus oil will underperform until demand seriously ramps up (several million barrels/day).

If you are not sure about economic activity in real terms picking up, but want to play the flood of money, gold is an easier bet.

I think oil is going to 300 - but it is going to take 3 years. And for the next year, we'll be lucky to see it at 75. Gold won't have too hard a time being at 1200-1500 in the next 3 months.

 

[peilthetraveler]

The dollar has NOT dropped vs our top 3 major trading partners for imports or exports. You title is way off....it should've read that the gain in the Euro is stunning becuase its the currency thats rising vs all other currencies....dollar is not dropping vs all currencies only dropping against euro, yen and chf. All 3 of those countries we trade less with than canada whos currency has NOT moved, or mexico who we are still at an all time high against them.


Also no major moves vs gold/silver and oil is DOWN even with euro rising and opec cuts so theres another clue sherlocks

 

[ScapGF]

Quote from peilthetraveler:

dollar is not dropping vs all currencies only dropping against euro, yen and chf. All 3 of those countries we trade less with than canada whos currency has NOT moved, Also no major moves vs gold/silver and oil is DOWN even with euro rising and opec cuts so theres another clue sherlocks [/B]

Since the 2nd of December the EUR/USD is up 14%.
Since the 2nd of December the USD/CAD is down 8%.

So while USD hasn't lost as much percentage wise to the Canadian Dollar, it isn't entirely accurate to say that the prices have not moved.

Oil is virtually unchanged for the period despite bouning pretty big on a percentage basis up and down.

 

[IluvVol]

What a bullocks. The US has not accomplished a single miliatary/special forces mission since the Korean war what the heck are you talking about???

Should we extend the list beyond Vietnam, Panama, Columbia, Afghanistan, Iraq, Somalia (random order)?

I dont know where you have been the past 60 years but you clearly missed out on couple key events. Suddenly claiming this was for oil is just rediculous. As everyone claimed in your country it was for the sake of fighting the "axis of evil" and to find a scapegoat for Sep11.

And whats your point anyway aside the fact that a high school kid wants to show the world how partriotic he/she is despite a complete lack of historical and factual knowledge???

Quote from bxptone:

Ummmm while I myself was not an advocate of the Iraq war, we could have EASILY destroyed Iraq. Well LEVELED Iraq, and left the country FLATENED, but just remember the key was to OCCUPYING it for it's oil. So we couldn't just kill everyone.

If WW3 popped off, as much as I hate this country. There's nowhere else I'd rather be. Especially with the defense missle shield currently being put up. Now wether or not it's fully functional and will hit it's targets, like they claim it will now is one thing. But I wouldn't want to be the country calling it's bluff and to have that defense shield work so.

But to say we're having a hard time in Iraq? Please let's not confuse the occupation of a country, with it's total annahaliation (sp).

 

[IluvVol]

Quote from intradaybill:

Take another look at a map.

excellent point aside the fact that the average American probably takes a minute to locate NYC on the map. (I am of COURSE not talking about any ET members ;-)

 

[IluvVol]

are you sleeping? Look at the DXY index, heck, construct ANY basket of major currencies and plot that against the USD. The USD is free falling right now, the C$ means absolutely nothing nor does the pesos.

Quote from peilthetraveler:

The dollar has NOT dropped vs our top 3 major trading partners for imports or exports. You title is way off....it should've read that the gain in the Euro is stunning becuase its the currency thats rising vs all other currencies....dollar is not dropping vs all currencies only dropping against euro, yen and chf. All 3 of those countries we trade less with than canada whos currency has NOT moved, or mexico who we are still at an all time high against them.


Also no major moves vs gold/silver and oil is DOWN even with euro rising and opec cuts so theres another clue sherlocks