Market Overview – Part II: U.S. Dollar, Japanese Yen & Gold

(this is the second in a series of five posts concerning the markets) I would like to start by featuring a couple of long-term charts of the U.S. Dollar. U.S. Dollar weakness is a foremost concern of mine.  As such, I have extensively written about it.  I am very concerned that the actions being taken …

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The Value Of The Dollar – Since 1913

In the November 25, 2009 post I commented upon how Ron Paul has repeatedly mentioned that the dollar has lost over 95% of its purchasing power since the founding of The Federal Reserve in 1913. This fact lacks recognition, as does its implications and consequences. Recently I came across a feature on the Minneapolis Federal …

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The US Dollar

On January 13 I wrote the following blog post concerning the overall situation of the US Dollar: https://www.economicgreenfield.com/2010/01/13/the-us-dollar-a-few-comments/ In that post, I wrote that there appeared to be few if any signs that a severe US Dollar decline was impending. However, the situation has changed.  When viewed from a technical analysis perspective, US Dollar seems …

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Treasury Secretary Geithner’s Comments

Treasury Secretary Timothy Geithner was on “This Week” on Sunday and made various comments.  Here is the link: http://abcnews.go.com/ThisWeek/week-transcript-treasury-secretary-timothy-geithner/story?id=9758951 I could make a lot of comments regarding this interview. However, I would like to focus on this one exchange: TAPPER: The Congress just voted to raise the debt ceiling to more than $14 trillion dollars. …

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US Dollar and S&P500 Comments

Here are two charts that I find notable. The first is the daily chart of the US Dollar.  I have added the 50-day moving average.  As one can see, the trend seems to be “up.”  This increase, if sustained, will pressure the US Dollar carry trade and that would likely have an outsized negative impact on various markets: …

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Ron Paul On The U.S. Dollar

One of the facts that Ron Paul frequently quotes is that since the Federal Reserve’s inception (it was created in 1913) the U.S. Dollar has lost more than 95% of its purchasing power. I wonder how many people are actually concerned by this occurrence?  I hardly ever hear this discussed among people or by the media. They …

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