Tag: demise of the dollar

 

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%. [...]

Who’s winning the currency paralympics?

Published on January 23, 2009

The ruble is rolling downhill, the pound got pounded all the way back to 1985. What about that Demise of the Dollar?
by J. Christoph Amberger
Baltimore—(TFN): Twenty-five years ago, I was one of eight German exchange students at the University of Aberdeen in Scotland. Thanks to a relatively strong Deutsche Mark exchange rate, life was good, [...]

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. [...]

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 [...]

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 [...]

Dow Forecasts: What newsletter editors and weather forecasters have in common

Published on December 12, 2007

"Like the followers of a doomsday cult, the forecasters of financial doom are as flexible as Gumby at a Kama Sutra tutorial when it comes to accommodate ever new deadlines for the imminent great crash. And like their colleagues at the weather center, they stand a good chance that they'll get it right eventually." — [...]

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 [...]