Dollar up stocks down, dollar down stocks up

James H. · Member

Dollar up stocks down, dollar down stocks up, That has been the
prevailing trade the last 3 years. Lately, I have noticed that when
the dollar sinks the market has been going with it. I think gold is
getting ready to unlink itself from the dollar. MY FRIENDS THAT IS THE
SURPRISE! To many people are looking for another pullback in gold and
a rally in the dollar. Sometimes the obvious plays out. Just like in
oil, copper etc. In a bull market, they usually do not let you in at
the price you want. Just my thoughts.

Phill · Member

That's exactly why I refuse to go against the long-term trend. I really don't care if the US dollar rallies to 85, 87, or whatever.

In 5-10 years, precious metals will be much higher than they are now. That is all I need to know to deploy my investments: physical gold and silver, gold and sivler stocks, and a couple of oil stocks for good luck.

Sometimes now thinking about every short-term move is the way to succeed.

Less is more.

Lucy · Member

How about down to 81.86 so far on the index? Admittedly, this move
caught me by surprise, as I thought we were a week away on Gold.
Still expect it to spend some time around the 440 level before
venturing higher, but these kinds of moves are to be expected in this
type of market.

terner03 · Member

The USD fall is somewhat well contained at the moment. The 10 year
note yesterday typifies the struggle Greeny is facing... and the
battle on the Comex to keeep gold contained means the cat is almost
out of the bag. FNM .. it'll be a year until they restate? hmmm

I live in Asia... no one wants the USD. It is dead. The "Hedge Funds"
based in the Caymans, the ones buying Treasuries-- that is a joke, it
is the Fed monetizing debt because no one else is showing up to buy
it. Likely the primary dealers made a deal where they send what they
can't get rid of back and it's booked to the Cayman accounts.
And they definitely are changing the rules so their friends can
unwind/be protected. The ch 7 bankruptcy stuff is basically done and
currency controls could be done in a day, an Exec Order on the grounds
of National Security.

Oil is too big to control, one more variable in the calculus that
could push things around beyond the market fixers' control.

If the OPEC guys who meet in Tehran this month back the petroEuro
petroleum futures exchange idea ... it'll be mayhem sooner rather than
later.

It seems that quite a few things are reaching the "unraveling" stage
at the moment. Even the tone on CNBC seems to be that perhaps a top is
in... Jim Juback recommending defensive plays??? Only yesterday did
they discuss the CRB and what it means in terms of inflatonary
pressures. And the chart they put up didn't go back to 1980... didn't
want to remind John Q about 20% interest rates and what that'd do to
his ARM.

Nope, these are interesting times.

Miller · Member

Dollar Trims Loss; Japan Has No Plans to Diversify Reserves - Bloomberg

15 minutes ago the headline was the contrary on Bloomberg...the exact same thing happened with the Korean Central Bank. It all looks like dammage controle to me. Something is up and it's all against the $US, we have not seen the worst yet.

robert007 · Joined: 23 Jul 2008 Posts: 1

Yes. Dollar up stocks down, dollar down stocks up, because European market becomes higher than American market. Because of Americas problem with Middle East brings the market down. Asia's growing nations also affect the Americas Dollar rate.

--------------
Robert
Social media marketing