Dollar Bear: The Ticking Credit Card Bomb
May 9, 2008 · Filed Under US Stocks and Markets · 1 Comment
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
April 28, 2008 · Filed Under News that Matters · Comment
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
January 4, 2008 · Filed Under US Stocks and Markets · Comment
"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
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?
December 25, 2007 · Filed Under Gold and Resources · Comment
"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
November 25, 2007 · Filed Under News that Matters · 1 Comment
“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
November 21, 2007 · Filed Under News that Matters · Comment
“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
“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
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 [...]
