Comments on: Time To Go Long The Dollar? http://livingoffdividends.com/2008/06/05/time-to-go-long-the-dollar/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 13 Dec 2011 07:31:37 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Curt http://livingoffdividends.com/2008/06/05/time-to-go-long-the-dollar/comment-page-1/#comment-9710 Curt Wed, 25 Jun 2008 21:45:15 +0000 http://livingoffdividends.com/?p=780#comment-9710 It's not going to happen. The dollar is too weak to rally. The fed is only trying to talk up the dollar, but they probably aren't going to do anything. The dollar will probably remain weak until they raise the interest rates above inflation - which is more likely 6-8%. This is unlikely for several years as the adminstration and fed will try everything else before they realize they have to drastically raise interest rates. In the process, the dollar may lose 40-50% of its value over the next 3-5 years. Hold on to your gold. It’s not going to happen. The dollar is too weak to rally. The fed is only trying to talk up the dollar, but they probably aren’t going to do anything. The dollar will probably remain weak until they raise the interest rates above inflation – which is more likely 6-8%. This is unlikely for several years as the adminstration and fed will try everything else before they realize they have to drastically raise interest rates. In the process, the dollar may lose 40-50% of its value over the next 3-5 years. Hold on to your gold.

]]> By: MoneyEnergy http://livingoffdividends.com/2008/06/05/time-to-go-long-the-dollar/comment-page-1/#comment-8986 MoneyEnergy Mon, 09 Jun 2008 18:43:44 +0000 http://livingoffdividends.com/?p=780#comment-8986 A few points: 1. Very surprising that Soros has "changed his mind." I guess he does this alot though - he could change it back again. 2. I agree that the new president - well, if the new president is Obama - is a wild card. Obama could have a different dollar policy, but so far Obama doesn't seem to understand why things like economic protectionism can't work. There will be positive changes if Ron Paul works with the president, though. 3. All the lip service to the "stronger" dollar is great, but if M3 is continually on the increase, does it really matter what is "said" about the dollar? The dollar is being deflated. Check out the conversation between Bernanke and Paul on YouTube... Bernanke is one shifty character. A few points:

1. Very surprising that Soros has “changed his mind.” I guess he does this alot though – he could change it back again.

2. I agree that the new president – well, if the new president is Obama – is a wild card. Obama could have a different dollar policy, but so far Obama doesn’t seem to understand why things like economic protectionism can’t work. There will be positive changes if Ron Paul works with the president, though.

3. All the lip service to the “stronger” dollar is great, but if M3 is continually on the increase, does it really matter what is “said” about the dollar? The dollar is being deflated. Check out the conversation between Bernanke and Paul on YouTube… Bernanke is one shifty character.

]]> By: Time To Go Long The Dollar? · All-Mutual-Funds-ExplainedOnline.Net http://livingoffdividends.com/2008/06/05/time-to-go-long-the-dollar/comment-page-1/#comment-8881 Time To Go Long The Dollar? · All-Mutual-Funds-ExplainedOnline.Net Sat, 07 Jun 2008 08:52:41 +0000 http://livingoffdividends.com/?p=780#comment-8881 [...] Original post by Money employment & careers | money-employment.marc8.com [...] [...] Original post by Money employment & careers | money-employment.marc8.com [...]

]]> By: Corinne http://livingoffdividends.com/2008/06/05/time-to-go-long-the-dollar/comment-page-1/#comment-8846 Corinne Fri, 06 Jun 2008 13:25:13 +0000 http://livingoffdividends.com/?p=780#comment-8846 Great info. Thanks for sharing. Great info. Thanks for sharing.

]]> By: Trug http://livingoffdividends.com/2008/06/05/time-to-go-long-the-dollar/comment-page-1/#comment-8833 Trug Fri, 06 Jun 2008 06:45:32 +0000 http://livingoffdividends.com/?p=780#comment-8833 I hold the opposite view. If Ben is desperate enough to verbally prop up the dollar, USD fundmentals are deteriorating. Look at the current account deficit, money supply, inflation, balance of trade, etc. before declaring that the worst is over. Also, 4B in currency ETFs? Is he joking? Does he realize that forex is measured in trillions? The only thing propping up the USD is China, holding 1.7T of US debt, and as soon as they stop buying, the game is over. I hold the opposite view. If Ben is desperate enough to verbally prop up the dollar, USD fundmentals are deteriorating. Look at the current account deficit, money supply, inflation, balance of trade, etc. before declaring that the worst is over.
Also, 4B in currency ETFs? Is he joking? Does he realize that forex is measured in trillions?
The only thing propping up the USD is China, holding 1.7T of US debt, and as soon as they stop buying, the game is over.

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