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Aussie Breaks Par with US Dollar

traderdannorcini.blogspot.ca / By Dan Norcini / Friday, May 10, 2013

Yesterday the Japanese Yen broke “PAR” with the US Dollar, a significant development. Today it is the Australian Dollar or “Aussie” which has now broken par.

I mentioned this currency because of its ties to the commodity sector in general. While it is not an [...]

Many Developments, Limited Price Action

marctomarket.com / By Marc Chandler / THURSDAY, MAY 9, 2013

The news stream has been quite active, but the price action in foreign exchange has been muted. The euro has largely been confined to a 20 tick range on either side of $1.3160. Sterling is a bit firmer, in the upper end of yesterday’s [...]

The Dow

armstrongeconomics.com / By Martin Armstrong / May 8, 2013

There have been a number of questions about the Dow and isn’t it a major high when the central banks are buying? No! There is a huge problem in the reserves of nations as this is why there will eventually be a massive [...]

Not on Your Local News – Dollar Collapsing Against Chinese Yuan

Nigel Farage – Today May 8th Fate of Europe

armstrongeconomics.com / By Martin Armstrong / May 8, 2013

Nigel Farage is spot on. This was forwarded to us today. It was his recap of the truth about the Euro. This is very much part of the dollar rally. There becomes little choice. Some have asked:

1) I understand your argument [...]

Dollar – Trade – Reserves

armstrongeconomics.com / By Martin Armstrong / May 8, 2013

QUESTION: In your most recent post you mention dollar demand off setting Fed Printing. But fairly often we hear about new international trade agreements that have excluded the dollar. How does this figure into the equation of dollar demand?

ANSWER: Trade agreements are [...]

Full Liquidty Returns, Dollar Yawns

marctomarket.com / By Marc Chandler / TUESDAY, MAY 7, 2013

The end of Golden Week, May Day, and bank holiday has not meant fresh movement for the dollar, which has been confined to narrow ranges against most of the major currencies. The main exception has been the Australian dollar which has been sold to fresh [...]

Central Banks Are Buying Equities – Watch the Dollar

armstrongeconomics.com / By Martin Armstrong / May 6, 2013

Believe it or not, you better keep an eye on the dollar. Nearly 25% of all global central banks are all now buying stocks. The crisis that is emerging is there is really only one game in town – the DOLLAR!!!!! Japan is [...]

Where We Are, Why Gold Was Bombed, And Why TA Is A Waste Of Time

jsmineset.com / By Jim Sinclair / May 6, 2013

Dear CIGAs,

We have spent more than 12 years working to educate you on the subject of gold. I only ask in return that you consider these three videos carefully. These presentations sum up where we are, why gold was bombed, why technical [...]

World Bank Whistle-blower. Confidence in the Dollar as an International Currency Is Waning. The End of Bretton Woods ?

World Bank Whistleblower Karen Hudes

nsnbc.me / By Karen Hudes / Thu, May 2nd, 2013

Karen Hudes (nsnbc),- The failure of the press to report accounting scandals at the World Bank involving the U.S. Treasury Department, the Federal reserve, U.S. Congress, and the federal courts is eroding confidence in the dollar as international currency.

[...]

ECB’s Record Low Interest Rate Is Negative For The…. Dollar And The Yen

zerohedge.com / By Tyler Durden / May 2, 2013, 07:57 -0400

Whoever said the New Normal would be boring, apparently never lived in a world in which one central bank crushing its key rate to a record low, would lead to the appreciation of its currency, and send the main competing currency, the USD, lower. [...]

How Not to Trade the Dollar

acting-man.com / By Keith Weiner / May 1, 2013

I hope this essay provides some food for thought. It is not my intention to insult or belittle anyone, but using humor and cold logic, to help people understand an abstract topic with many counterintuitive principles. The ultimate goal is to protect what you have [...]

Great Graphic: Yen and 10-Year Interest Rate Differential

marctomarket.com / Marc Chandler / May 1, 2013

This Great Graphic, we created on Bloomberg, shows the how well the US-Japanese 10-year interest rate differential (yellow line) tracked the dollar’s advance against the yen (bar chart) since the Japanese election was announced in mid-Nov last year. A divergence opened in April as [...]

DOLLAR COLLAPSE HAS BEGUN

goldscents.blogspot.ca / By TOBY CONNOR / TUESDAY, APRIL 30, 2013, 8:05 AM

I’ve been pointing out for several months now that the recent rally in the dollar was a mirage, an illusion generated by the yen, euro, pound, and Canadian dollar all dropping into yearly, or intermediate cycle lows together. This selling pressure in the [...]

Rising Dollar Myth

merkinvestments.com / By Axel Merk / April 30, 2013

Year-to-date, the U.S. dollar is up; does that mean we are in a rising dollar environment? Or is it an opportunity to diversify out of the greenback?

Last year, with all the turmoil in the Eurozone, the euro was up 1.79% versus the [...]

The Dollar is a Worse Choice Today to Store Wealth, Than it Was When Gold Was $1,900

blog.milesfranklin.com / By David Schectman / April 29, 2013

I find Jim Sinclair’s quote to be extremely interesting. It will be easy to see if he is correct. If the price continues to rapidly rise, he gains credibility here.

Take into consideration that the recent and violent drop in the gold price, especially if [...]

Dollar Heavy, Sterling Leads Charge

marctomarket.com / By Marc Chandler / April 25, 2013

A shift in the news stream, with more disappointing US economic news and some positive developments in Europe seemed to have begun weighing on the dollar and that shift has been solidified today. Although the dollar extended yesterday’s pullback in Asia, it was the stronger [...]

Gold Daily and Silver Weekly Charts

jessescrossroadscafe.blogspot.com / By JESSE / April 23, 2013, 4:21

Gold hit an important overhead resistance level and back off of it today, although it did hold its ground.

Silver is hanging on the 23 dollar level.

Intraday commentary on the rating agencies here.

AAPL reports after the bell.

GDP Advance number for the 1Q on [...]

Sailor Tales From the Bitcoin Seas

lfb.org / By Jeffrey Tucker / April 23, 2013

As someone who only recently dived into the rocky Bitcoin waters — and discovered a world I had never imagined — I enjoy talking to others who have been there longer. There are some amazing stories out there. We are sitting here today with Bitcoin [...]

Narrowing Spreads Fail to Lift Euro, Dollar Holds Below JPY100

marctomarket.com / By Marc Chandler / TUESDAY, APRIL 23, 2013

There are two main developments today. The first is the disappointing flash PMI readings from China and the euro zone. The second is a continued rally in European bonds in both absolute terms and relative to Germany. The reduced risk premium in Europe has not [...]

Bix Weir – End Game Is Here: Death Of The Dollar Is Around The Corner

from Financial Survival Network

According to Bix Weir we’re coming down to crunch time. The end is nigh and the Too Big To Fails will be failing right and left. Bix believes you need to divorce yourself from it as soon as possible or suffer the consequences. There’s no alternative because the United States owes [...]

The Crux Of The Problem In Gold

jsmineset.com / By Jim Sinclair / April 17, 2013

Dear CIGAs,

Here is the crux of the problem. Manipulation of paper can be a massive irritant to gold bulls. Manipulation of paper cannot and will not result in a sustained strong dollar. That does not mean that the devils will not try [...]

DOLLAR DECLINE CONFIRMED

goldscents.blogspot.ca / By Toby Connor / April 16, 2013

Just another quick post tonight. As I have been saying for over a year now, the dollar will not make new highs, and it will collapse as the consequences of QE infinity ultimately take their toll.

Today the dollar confirmed that an intermediate degree decline has [...]

Ruh Roh – Dollar Selling Gaining Steam

Japanese Rush to Sell Gold as Price in Yen Jumps

online.wsj.com / By Kana Inagaki and Clementine Wallop / April 9, 2013

The weak yen has triggered a gold rush, literally, among Japanese households, reflecting how bold new economic policies are shaking up long-entrenched deflationary attitudes, freeing up dormant assets, and sparking new economic activity.

While gold prices have softened [...]

FED DISCONNECTING WARNING GUAGES WON’T PREVENT ECONOMIC ENGINE FROM FAILING

silverdoctors.com / By SRSrocco / April 11, 2013

Fundamentals always win out in the end. It doesn’t matter if you take the WARNING GAUGE out of your vehicle because it is showing an overheating engine. It doesn’t matter if you disconnect the BUZZER so the noise stops which indicates problems with the engine. At [...]

INTELLIGENCE INSIDER: OBAMA ADMINISTRATION AGENDA TO “KILL U.S DOLLAR”

silverdoctors.com/ By THE DOC / April 10, 2013

“We’re just going to kill the dollar.” This week, I had a series of very sobering discussions with my highly-placed source within the intelligence world. The information he provided hit me like a proverbial tons of bricks. It connects everything we are seeing play out across the [...]

Fed Exit? What Exit? Gold & Dollar Implications

merkinvestments.com / By Axel Merk, Merk Investments / April 10, 2013

Is it time for the Federal Reserve (Fed) to stop printing money? Today, we focus on what might be going through Fed Chair Bernanke’s mind and the possible implications for the U.S. dollar and investors.

This week, the casual observer could [...]

Once People Lose Confidence in the Dollar its Fall Will Be Rapid

blog.milesfranklin.com / By David Schectman / April 10, 2013

I really like Bill Holter’s essay from yesterday. Miles Franklin is fortunate to have writers with as much talent as Bill Holter and Andy Hoffman.

Below are two King World News interviews. You should read what Jim Sinclair and Dan Norcini have to say about [...]

Commodities catching a Bid today

traderdannorcini.blogspot.com / By Dan Norcini / April 9, 2013

The overall tone of the commodity complex is firm in today’s session as the CCI is up. From what I can see, some of this is tied to news out of China that inflation is relatively tame. This has traders breathing a sigh of relief [...]