Currencies

A recent International Monetary Fund report estimates that China exports more inflation to the developing countries than had been previously assumed. For every 1 percentage increase in Chinese inflation, the increase in Asia-Pacific countries is 0.25-0.5 percent.

Back in July I wrote an article discussing the fact that the Euro had failed so far to come under pressure during this wave of the European debt crisis. In fact it was still in a technical uptrend since bottoming in 2010 after the first wave of the Euro crisis

Conventional wisdom has it that there are three safe haven currencies—the Swiss Franc, the Japanese Yen and the U.S. dollar.

We are marking a dubious 40-year anniversary this week. It was on August 15, 1971 that President Richard Nixon unilaterally “closed the gold window,” severing the dollar’s ties to gold forever, possibly one of the most significant policy decisions in modern economic history.

Many times, we had talked about economic stability and precious metals markets and how significantly macroeconomic data influence the prices. While Greece is almost at the brim of a potential non-equilibrium, here comes again the scenario economic stability vs. precious metals

Remember last year, when I kept wanting the markets to stop lumping the risk assets together and get back to the fundamentals of each risk asset….

I was casually eating a burrito while having lunch at my desk, and was surprised to see some guy, writing….

Currency wars are just one more piece to the ever-evolving puzzle called the global debt crisis. The rhetoric surrounding competitive currency devaluations- centered primarily in the U.S.-  has intensified in recent months. It appears  our leaders are coming to grips with the fact that there is only one way out of this crisis, and that is via … Continue reading

These past few weeks as the equity markets rallied based on the belief of further quantitative easing by the Fed in November’s meeting, the dollar has collapsed which I warned readers about a couple of weeks ago.  Since that time gold and silver have had a historic and parabolic rise as investors feel the Fed … Continue reading

Following the USD Index peak at 89 in early June 2010, the Dollar has been on a near relentlessly slide to the recent low of 76.90 which represents a 14% fall in just 4 months. The fall in the Dollar has again brought out the perma Dollar collapse proponents who have periodically come out to … Continue reading

This essay is based on the Premium Update posted on June 11th, 2010 One of the questions that we’ve received last week was about the possible non-confirmation between gold at new highs and both silver and stocks lagging well beneath their old highs. The question is if such a non-confirmation becomes a source of worry … Continue reading

This essay is based on the Premium Update posted on June 8th, 2010 Markets are skittish and the pace and force of financial crises has taken a frightening turn for the worse. It seems like the fuse gets shorter between each crisis. We barely catch our breath from one when confronted with the next. Looking … Continue reading