tag:blogger.com,1999:blog-23344848331559338622026-08-09T04:07:49.231-04:00Collapse of US Dollar, Currency Rates, US Dollar, Treasury Bonds, Currency, Forex, Reserve Currency, Bond Bubble, US Treasuries, Currencies, World CurrenciesUnknownnoreply@blogger.comBlogger152125tag:blogger.com,1999:blog-2334484833155933862.post-87317110371469380812015-08-04T21:30:00.000-04:002015-08-04T21:30:14.595-04:00

There has been some confusion among those interested in the U.S. monetary policy and why the U.S. dollar has remained strong even as the Federal Reserve created enormous amounts of money out of thin air. Under normal conditions that would have put downward pressure on the value of the greenback.Since economics are no longer operating under normal conditions, neither will the usual performance of

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-28545011332709744532015-06-15T16:36:00.001-04:002015-06-15T16:36:42.375-04:00

There are a number of reason Asian currencies have been falling recently, with the most obvious being expectations the Federal Reserve will raise interest rates in the latter part of 2015.Other factors attributed to weaker Asian currencies include pressure from local businesses, demand for electronics gadgets fell, MERS, funds pulling money from emerging markets, Japanese yen, and a potential

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-45876140012326928702015-05-11T16:28:00.000-04:002015-05-11T16:28:29.838-04:00

I've been somewhat surprised at the relatively low level of resistance to the proclivity of governments and the banking system to move rapidly toward a cashless society.When looking through comment sections of blogs and news sites, one of the major responses to the concerns is people from the U.S. will allude to the words on our currency that says it's a "legal tender," as if that will stop the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-46624568179087251862013-02-07T17:47:00.001-05:002013-02-07T17:47:20.681-05:00

A growing number of people are looking for an alternative to the failing U.S. dollar, and that has prompted a number of lawmakers to push for their respective states to allow gold and silver coins to be used as legal tender. While the U.S. Constitution forbids the printing of paper money or the establishment of a currency by individual states, it does allow for the use of gold and silver coins

Unknownnoreply@blogger.com51tag:blogger.com,1999:blog-2334484833155933862.post-28098107311664627422012-09-05T12:21:00.000-04:002012-09-05T12:21:13.876-04:00

The U.S. dollar and U.S. Dollar Index are getting hit hard today after the "leak" of the plan by the ECB to acquire an unlimited number of bond which mature in 0-3 years. Ignorant reporters continue to imply there is uncertainty because Germany opposes the plan, but over and over again that has been the positioning of Chancellor Angela Merkel, who attempts to make it look like she's fighting it

Unknownnoreply@blogger.com7tag:blogger.com,1999:blog-2334484833155933862.post-2294860126557632842012-07-12T13:18:00.002-04:002012-07-12T13:18:45.414-04:00

It may be a very good time to invest in the Australian dollar, as it's coming off a recent low and has rebounded in a way that looks very sustainable. The last time the Aussie dollar came off a low in the latter part of 2008, it almost doubled in value. Another reason to invest in the Australian dollar at this time is it's out of favor at this time, which means it hasn't participated in a huge

Unknownnoreply@blogger.com14tag:blogger.com,1999:blog-2334484833155933862.post-49257509969145958972012-07-11T23:51:00.002-04:002012-07-11T23:51:44.849-04:00

The US Dollar Index jumped 30 points right after the release of the minutes of the last FOMC meeting, based upon nothing but the confirmation of what had already been communicated by the FOMC after its latest meeting. Apparently the market was looking for something that was said in the meeting regarding the implementing of more stimulus measures, even though it has already been stated that in

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-2334484833155933862.post-67882312428118514102012-05-15T17:12:00.000-04:002012-05-15T17:12:11.867-04:00

Talking to Steve Forbes at Forbes.com, Jim Rogers weighed in on the U.S. dollar and why he's holding it at this time, as well as why he might even acquire more of the greenback sometime soon. It's interesting to listen to Jim Rogers chat up the U.S. dollar, as over the long term he has called it a "flawed" currency in the past, and continues to believe that to be the case. Even so, he is

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-2334484833155933862.post-25088305092473117772012-03-02T12:24:00.002-05:002012-03-02T12:24:32.850-05:00

Several factors are currently in play concerning the dollar, yen yield, which could push the U.S. dollar down in the short term. With a wider spread the Japanese will invest in the U.S. dollar, while a shrinking spread causes them to place their money elsewhere. On Thursday, March 1, the spread between U.S. and Japanese note yields (yen against the dollar) hit 0.29 percentage point, the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-4998890063130913752012-03-01T16:03:00.000-05:002012-03-01T16:05:03.736-05:00

A day after Ben Bernanke helped bolster the strength of the U.S. dollar by not mentioning any more plans for quantitative easing, the greenback fell back to earth, trading mixed against other major currencies.Most of the important economic news centered on unemployment, which in the United States remained level, dropping only slightly, while unemployment in the Euro zone climbed to its highest

Jimhttp://www.blogger.com/profile/17964506933956926951noreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-44866311746049812832012-02-17T13:35:00.000-05:002012-02-17T13:35:00.416-05:00

In an interview with CNBC today, billionaire commodity bull and expert Jim Rogers said he sees continual turmoil in the currency markets, although in the short term he has positions in U.S. dollars, renminbi and euros. This is the result of the horrendous decisions of the Federal Reserve and other central banks around the world to continue to "stimulate" the economy with money created out of

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-53926213289483255932012-02-15T13:43:00.002-05:002012-02-15T13:43:55.799-05:00

Word has been circulating for some time that the cost of making pennies and nickels in the United States has risen to the point where it costs over double the value of each coin to make. For the penny, it costs 2.4 cents to make, and for the nickel, it costs approximately 11.2 cents to make, as of 2011. Both of those numbers include labor and materials. As for the nickel, the metals used to

Unknownnoreply@blogger.com6tag:blogger.com,1999:blog-2334484833155933862.post-42801507720164179802011-03-12T23:28:00.002-05:002011-03-12T23:28:51.808-05:00

The euro extended gains against the U.S. dollar on Friday after euro zone leaders came to an agreement on a competitiveness pact. The euro hit $1.39 EUR=, up 0.8 percent on the day, according to Reuters data. Short covering played a major role in strengthening the euro zone single currency throughout the majority of the session, according to strategists. The euro zone leaders reached a deal to

Thomashttp://www.blogger.com/profile/00891382755384660742noreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-47380717937061648932011-03-04T17:34:00.000-05:002011-03-04T17:34:55.324-05:00

The U.S. dollar is likely to fall in the week ahead as investors continue to bet that interest rates in the euro zone will rise ahead of those in the world's largest economy. U.S. February jobs data came in a touch better than expected on Friday but disappointed investors who had hoped for an even stronger report. For details see Investors see strong U.S. jobs growth as necessary for the

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-2334484833155933862.post-31339557281494875482011-02-24T22:37:00.002-05:002011-02-24T22:37:59.584-05:00

The dollar fell broadly Thursday as traders opted for the safety of the Swiss franc and Japan's yen amid ongoing turmoil in the Middle East and North Africa. Meanwhile, expectations for widening interest-rate differentials pushed the euro to a three-week high against the dollar. The dollar sank to a record low against the franc of CHF0.9234 as violence increased in Libya and fears increased

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-19360990504085400742011-02-24T22:34:00.002-05:002011-02-24T22:34:51.150-05:00

The yen was about 0.4 percent from the strongest level in three weeks against the dollar and the Swiss franc climbed to a record as an uprising in Libya sent oil to a 29-month high, boosting demand for safer assets. The yen and the franc headed for weekly gains against most of their major counterparts as stocks and commodities dropped worldwide. The dollar traded within 0.2 percent of a

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-36843780871665063912011-02-24T22:31:00.000-05:002011-02-24T22:31:25.594-05:00

The dollar nursed heavy losses early in Asia on Friday, hovering above a record low versus the Swiss franc as investors sought safety in other currencies on fears the unrest in Libya will spread to other oil producers. But a sharp retreat in oil prices from 2-1/2 year highs, sparked by an unsubstantiated rumour Mummar Gaddafi had been shot and Saudi Arabia's assurances it can counter Libyan

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-18605980411723445682011-02-24T18:21:00.001-05:002011-02-24T18:25:52.978-05:00

The US dollar has traditionally been a safe-haven asset, meaning whenever people are afraid, they sell ‘risky’ assets and flee to the safety of the US dollar. The same goes for US Treasuries.Indeed, at the height of the global financial crisis (right after Lehman Brother’s bankruptcy in September 2008), both the US dollar and Treasuries surged. The Chicago Board Options Exchange Market Volatility

Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-4709091129985140032011-02-24T00:02:00.000-05:002011-02-24T00:02:52.627-05:00

The turmoil across North Africa and the Middle East is threatening not only to overthrow aging dictatorships, autocracies and monarchies, but also to upset the geopolitical balance between the countries of that region and the Western powers that has existed since at least the 1950s. For the West, the issue has always been the security of oil. For the US there is a second issue, and that is the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-15658095373461666342010-08-07T11:22:00.000-04:002010-08-07T11:23:31.305-04:00

The payroll report on Friday confirmed what many of us knew, that the outrageous monetary and fiscal stimulus has failed, and that sends a signal to all of us that we should flee the U.S. dollar, says Peter Schiff.Rather then following in the footsteps of other countries, which have been removing stimulus, the U.S. is actually planning on increasing “quantitative easing,” which is just a fancy

Allenhttp://www.blogger.com/profile/14571642682593525295noreply@blogger.com1tag:blogger.com,1999:blog-2334484833155933862.post-48671986657913675062010-07-03T16:06:00.000-04:002010-07-03T16:06:21.934-04:00

Terrible economic news last week had the euro end Friday up against the US dollar to its highest level in 6 weeks. The US economy lost 125,000 jobs in June, the first monthly drop in six months, and combined with other bad economic news, has investors and consumers concerned over whether or not we're in a recovery at all, or the huge amount of money thrown at the economy only masked its inherent

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-2334484833155933862.post-89578165622229379972010-07-01T23:17:00.000-04:002010-07-01T23:17:45.321-04:00

A United Nations report today called for the abolishing of the U.S. dollar as the global reserve currency, and replacing it with the International Monetary Fund’s special drawing rights (SDRs). The UN doesn't want to replace with a basket of currencies either, but only on on IMF-controlled SDR’s. The report also said, “A new global reserve system could be created, one that no longer relies on

Rayhttp://www.blogger.com/profile/12680241733181670190noreply@blogger.com1tag:blogger.com,1999:blog-2334484833155933862.post-20758610779125836722010-06-08T21:24:00.000-04:002010-06-08T21:25:04.896-04:00

The US dollar continues to move up and down with the risk flavor of the day, as today it was a move by traders to being more risk oriented, and consequently the greenback fell in value as a result against other major currencies.Currencies linked to commodities peformed against against the US dollar, while the British Pound weakened against the dollar. While the UK isn't focused on as much in

Jimhttp://www.blogger.com/profile/17964506933956926951noreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-46729063132967992602010-05-27T23:56:00.000-04:002010-05-27T23:56:20.393-04:00

After China denied it was going to divest of its huge holdings in the euro, the euro had a rare day in making gains against the U.S. dollar, at least in the recent weeks. The U.S. dollar skyrocketed when news China was going to take measures to shrink its exposure to European debt. Once the reports were denied, the dollar went backwards while euro rebounded. Currencies have been fluctuating

Anonymousnoreply@blogger.com0tag:blogger.com,1999:blog-2334484833155933862.post-27400416186509842182010-05-09T00:15:00.001-04:002010-05-09T00:15:58.572-04:00

While gold is the top place investors are putting their money for a safe haven, the US dollar has been strengthening against other currencies as the sovereign debt crisis in Europe continues to unfold. There aren't many safe places to put money now, as the stock market crashed and equities continue to be very volatile in the midst of extraordinary economic pressures. This week the US dollar did

Unknownnoreply@blogger.com0