Tag: Addison Wiggin
Time to hedge against this major currency
Published on January 30, 2009
U.S. GDP growth numbers and Japanese industrial output are contracting rapidly. But so are most non-dollar currencies. In fact, rumors of speculators driving euro and ruble into the ground abound on the markets!
by J. Christoph Amberger
Baltimore—TFN: The numbers are in: In the last quarter of 2008, the U.S. economy shrank at an annualized rate of 3.8%. [...]
What ever happened to Alicia Silverstone?
Published on January 13, 2009
Don’t you think it’s quite amazing just how poorly those much-touted “safe havens” did when it really counted…
by J. Christoph Amberger
Baltimore—TFN: What ever happened to the 1990’s Clueless starlet Alicia Silverstone?
More relevantly, perhaps, what ever happened to “safe-haven” currencies?
You know what I mean, the much-touted coin of the realm in other, smarter, more mature countries. [...]
Dollar Bear: The Ticking Credit Card Bomb
Published on May 9, 2008
by Peter Schiff
Baltimore — (TFN): For those holding out hope that the American economy can miraculously avoid a long and deep recession, consumer credit is often viewed as the wonder drug that can cure all manner of economic ills. As such, this week’s report showing $15 billion growth in consumer credit was widely heralded as [...]
New Book Release: Demise of the Dollar, Reloaded
Published on April 28, 2008
by J. Christoph Amberger
Baltimore — (TFN): When U.S. manufacturers and exporters lobbied the Bush Administration back in late 2001 to reduce the valuation of the US dollar against currencies like the yen and the euro (which was about to replace all individual national currencies in the Eurozone on January 2, 2002), the reply was that [...]
Dollar Bear: The fire sale of the American economic base continues
Published on January 4, 2008
"The reality is that despite some genuine economic growth abroad, governments are creating so much inflation that food prices are raising anyway." — Peter Schiff
by Peter Schiff
Baltimore — (TFN): As the US economic ship continues to spring leaks, the goldilocks crowd still clings to the false belief that the Fed can easily keep us afloat [...]
Daily Reckoning’s Bill Bonner: Demise of the Dollar and the new economic superpowers
Published on January 4, 2008
Baltimore — (TFN): Given recent volatility and the prospects of lowered consumer demand from the States, should we continue to invest in China and India? Where is the US economy headed in 2008? William Bonner, founder of Agora Inc. and bestselling financial author, comments on the demise of the dollar, its effect on other [...]
The Bullion Conundrum: Can you generate income from gold?
Published on December 25, 2007
"In a bull market this strong, why meddle with options at all? Why not just buy gold and hold it? Well, firstly of course, only an idiot would put all of his money into a non-yielding asset – or so your financial advisor would say. (Just ask him yourself; he could probably do with a [...]
Decline of the Dollar: European manufacturers are beginning to hurt
Published on November 25, 2007
“Another 10% appreciation of the euro against the dollar would cost the European economies half a percentage point in economic growth. While manufacturers and exporters still are sitting on solid order backlogs, it remains to be seen if orders keep coming in when exchange rates alone are adding a 10% premium to European products…” — [...]
Dollar Weakness: The strong Euro is destroying jobs
Published on November 21, 2007
“The rising euro is really destroying jobs, but hardly any attention is being paid to it anymore. It’s odd because the exchange rate is, at the moment, incredibly important for our continued economic growth.” — Peter Bofinger
Blogger’s Note: Peter Bofinger is one of the “Wise Men” that the German government relies on for accurate forecasts [...]
Currency Trading: An easy way to profit from rate differentials
Published on November 21, 2007
“An interesting way to play lighter, maintain something called currency shares. This is an ETF where they did you the favor of going and buying up British pounds. They’re storing them at JPMorgan in London, all right, and then they divvy it up and sell shares here in the U.S. market. You can hope to [...]
New Personal Finance Video: Leveraging the currency market for safe profits
Published on November 17, 2007
Today’sFinancialNews.com
Baltimore — (TFN): The Fed’s recent cut has increased the interest rate differential between the US dollar and other currencies. Smart Trading Action Alert’s host Laura Cadden has invited Wavestrength technical chartist Adam Lass too provide perspective just how low the dollar may fall… and how smart investors can leverage the differential between interest rates [...]