Tag: dr doom

 

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: China’s Simple Solution

Published on May 16, 2008

Baltimore — (TFN): As China grapples with the consequences of its devastating earthquake, it is finally confronting the destabilizing forces bubbling up beneath its economic landscape. This week, several key Chinese officials, usually not known for their candor, conspicuously noted the need to both stimulate domestic consumer spending and bring down roaring inflation. While [...]

Dollar Bear: Fundamentals still favor gold

Published on May 2, 2008

by Peter Schiff
Baltimore — (TFN): With what many have described as a flash of monetary discipline worthy of Paul Volcker, Ben Bernanke reduced short-term interest rates this week to a mere 2%, apparently turning a deaf ear to those on Wall Street who wanted more. But now that the dollar-crushing side effects of cheap money [...]

Dollar Bear: Bernanke in Wonderland

Published on March 20, 2008

"By allowing the accumulation of even more taxpayer guaranteed debt, the moves will merely delay and exacerbate the housing problems and will increase the size of losses when these two government sponsored enterprises ultimately fail." — Peter Schiff

by Peter Schiff
 
Baltimore — (TFN): How do you know when you’re through the looking glass?

A fairly good indication is when the price of gold –…

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 [...]

Market Outlook: Inflation versus deflation in 2008

Published on December 21, 2007

"The more catastrophic scenario is one where asset prices hold steady or even resume their ascent, while consumer goods prices rise even faster. This of course is the hyper-inflation scenario, and is the worst possible outcome." — Peter Schiff

by Peter Schiff
Baltimore —(TFN): Among those rational enough to perceive the looming economic downturn, a heated debate has arisen [...]

Dollar Bear: Bush’s mortgage bail-out plan is the Mother of All Bad Ideas

Published on December 7, 2007

"Lenders will be on the hook for more losses than had the foreclosures taken place sooner. Of course, as these chickens will likely come home to roost after the next election, that’s a trade-off incumbent politicians will happily make." — Peter Schiff

by Peter Schiff, TFN
Baltimore — (TFN): Without question, the Bush administration’s mortgage rescue [...]

Free Special Report: The Shameful Truth About the CPI

Published on December 5, 2007

“By understating the true rate of inflation, the government saves an enormous amount of money because so many programs’ benefits escalate with the CPI. These expenditures include social security benefits for approximately 48 million people.” — Peter Schiff
by Peter Schiff, Europacific Capital
Baltimore — (TFN): The price increases that consumers face at [...]

Dollar Bear: The end of the consumer economy

Published on November 30, 2007

"The credit crunch will spread from mortgages to auto loans and to all forms of consumer lending. The days of Americans borrowing to consume are finally coming to a long over due end. Within a few years most will only be able to buy those goods they can afford to pay for with cash." — [...]

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 Decline: “Heads, we win. Tails, you lose.”

Published on November 23, 2007

“In December, OPEC nations will convene to discuss continuing their dollar pegs. If they were looking for a reason to drop them, the Fed may have just provided it.” — Peter Schiff
by Peter Schiff, TFN
Baltimore — (TFN): As internal debates in the Gulf and Asian nations intensify over the need to continue propping up the U.S. [...]

Dollar Bear: Subprime Consumers

Published on November 17, 2007

“How absurd is it for Italians to come to New York to buy Italian made shoes cheaper than they can find them in Milan? Does it make sense for foreign producers to offer products to Americans for less than their own citizens? Of course not. In short order the free market will correct this by [...]