(06-05-2010 07:42 AM)Machiavelli Wrote:  I still think all commodities get cheaper in the relative future. The dollar will only get stronger from today. Gold has to go in the inverse. Has to.

Why?

There is the case where everything implodes, and it is in play, but otherwise why?

I think the market shaving off some points has something to do with the dollar strengthening too. Hungary collapsing. The French Dirctor of commerce signaling the strengths of a falling Euro. There will be tepid govt. support for the Euro going forward. China pegs it's value to the dollar. All these things tell me the dollar will strenghten and comodities will get cheaper. Oil etc etc.

Sorry, my question was intended more toward identifying possible causes, not symptoms.

The dollar may strengthen against the Euro, but that's because the Euro is falling out of bed. More and more, the factors driving the Euro down are starting to manifest themselves here. Why should we get a different result from what they get?

Fundamentally we are stronger than everyone else. Our main rival pegs their currency to ours. I don't see an alternative and until that day comes we can play by a different set of rules. That's my educated guess. With this much printing by the Fed, how else can you explain the dollar strengthening? It's the physical property of inertia that will keep the Dollar on it's trajectory, strengthening, and all these people running to gold will be left holding the bag.

(06-05-2010 10:17 AM)Machiavelli Wrote:  Fundamentally we are stronger than everyone else. Our main rival pegs their currency to ours. I don't see an alternative and until that day comes we can play by a different set of rules. That's my educated guess. With this much printing by the Fed, how else can you explain the dollar strengthening? It's the physical property of inertia that will keep the Dollar on it's trajectory, strengthening, and all these people running to gold will be left holding the bag.

Just reviewed some charts since Obama's Nov 08 coronation. Gold has moved from 800 to 1200..... That is NOT a sign of dollar strength. There is no case that can be made that the dollar is stronger today. It is less weak than the EURO (not stronger)...The dollar is significantly weaker against the yen and GOLD

I'm not talking about the Nov. 8 coronation to present. I'm talking about going forward.

(06-05-2010 07:42 AM)Machiavelli Wrote:  I still think all commodities get cheaper in the relative future. The dollar will only get stronger from today. Gold has to go in the inverse. Has to.

It's up $21/oz today.

Just sayin'

GOLD SETTLES at RECORD!

This is getting embarrassing.

Forgot this is Mach. Never mind.

I sure hope he doesn't try to convince those around him to take his advice. Especially the children.

(05-25-2010 06:52 AM)Machiavelli Wrote:  Right on cue........................ Niner RIGHT again.

LOL! Kills ya don't it.

(05-20-2010 07:01 AM)Machiavelli Wrote:  ***Anyone who tries to drag me down in the muck will be put on ignore. I will no longer be able to see your posts. So don't bother responding*****

Here's why the stimulus worked.

Don't waste time giving reasons, when your initial supposition isn't even right

http://hotair.com/archives/2010/06/07/vi...us-failed/

Well, Since the title is "King Dollar" and not "King Gold" I don't know how you can say the initial supposition isn't right, but that's another story. I would like to address my hypothesis on why gold is going in the inverse of the other commodities. Two main factors. The biggest is there is increasing evidence that China is dumping Euro's and buying gold. That is a difference maker. A huge difference maker. China can literally move mountains in the financial area. Two, gold is a very expensive insurance policy. People are nervous and willing to pony up for that insurance. I think it's a stupid move, but the world is filled with stupid people. There's a 100 plays you could make that would be smarter than buying gold.

and Torch.............. I can just as easily roll out blogs and video of counter points as to why the stimulus was a success..............

and that record day................ The very next day it went down 40 dollars. You could make 4-5% every time it hits a record. Just short it for 4%.

(06-15-2010 09:53 AM)Machiavelli Wrote:  and Torch.............. I can just as easily roll out blogs and video of counter points as to why the stimulus was a success..............

And
http://www.washingtonpost.com/wp-dyn/con...04152.html

says those would be wrong.

As would BLS numbers and state/local tax receipts.

Keeping gov't bureaucrats employed isn't even what a Keynsian economist would recommend.

(05-18-2010 06:32 PM)Machiavelli Wrote:  I was thinking about a poll. Are you better off today then you were in 2008? I wonder how the spin room has fared. Personally, I am better off today.

You were living underneath a bridge, right? So , I can see it.

(05-18-2010 06:32 PM)Machiavelli Wrote:  I was thinking about a poll. Are you better off today then you were in 2008? I wonder how the spin room has fared. Personally, I am better off today.

Worse.

But better than I expect to be in 2011 or 2012, not to mention 2020 or 2030, unless there are major changes.

Trying to decide whether necessary changes are going to be made around me, or I am going to have to make changes personally to cope.

(06-15-2010 09:53 AM)Machiavelli Wrote:  and Torch.............. I can just as easily roll out blogs and video of counter points as to why the stimulus was a success..............

You've been saying this for a long time now. But you still haven't. You keep saying you can prove stimulus/success. Are you ever going to even attempt to or are you just going to keep making the hollow claim?

http://www.cnbc.com/id/37610064/

"Obama administration's efforts to pull the US out of recession haven't succeeded, according to Taleb. "It's not that they make mistakes, it's that they almost get nothing right." "

If Taleb is muslim, will that blow Robert's mind?