Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Fiat Ponzi

Like Tree8Likes
  • 1 Post By DoChenRollingBearing
  • 1 Post By mmerlinn
  • 3 Post By PMBug
  • 1 Post By 11C1P
  • 1 Post By PMBug
  • 1 Post By PMBug

Reply
 
LinkBack Thread Tools
Old 09-27-2014, 12:57 AM   #1
PM Bug Supporter
 
DoChenRollingBearing's Avatar
 
Join Date: Oct 2011
Location: SE USA
Posts: 1,275
Liked: 691 times
King Dollar?

...

I suspect most of us have noted that the US dollar has been strong lately. Very strong! The US Dollar Index is up some 7% since early July (less than three months), that is a BIG move in FOREX.

So even with QE, the "Taper" and all the FIAT PONZI, it is worth a look at WHAT is going on and perhaps take a stab at the future. I looked at gold, crude oil, Bitcoin and a food commodity index..., and found ALL of them down vs. the dollar in the past few months. Down hard! Lots of charts so that you can see for yourselves.

Yet, I found NO investments that were strongly correlated with the US$ going up! Yes, Treasuries are up a bit (not much) and stocks (in general) are a little better correlated, but NOTHING I found matched "King Dollar" recently.

Maybe someone can chip in with a better explanation or some niche(s) I missed?

Or could it just be that the dollar is "the cleanest dirty shirt" now? Weird!

"King Dollar?"

http://goo.gl/2GmeMi
mmerlinn likes this.
DoChenRollingBearing is offline   Reply With Quote
Old 09-27-2014, 03:23 AM   #2
Ground Beetle
 
Join Date: Oct 2011
Location: Here, There, and Everywhere
Posts: 633
Liked: 388 times
Originally Posted by Robert Mix's Blog :
Each of those little red and white bars are what the pros call "candlesticks". I cannot recall EVER having seen 10 white ones in a row...
Take a look at a weekly SILVER (SI!) candlestick chart.

As of today, you will see ELEVEN red candlesticks in a row.

Also check out my comments here about what has happened in silver recently.
__________________
If you keep doing what you are doing, You will keep getting what you are getting.
If you don't like what you are getting, You must change what you are doing.


http://mmerlinn.com

GOLD is the money of KINGS.
SILVER is the money of GENTLEMEN.
BARTER is the money of PEASANTS.
DEBT is the money of SLAVES.
- Norm Franz
mmerlinn is offline   Reply With Quote
Old 09-29-2014, 07:32 AM   #3
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,304
Liked: 2502 times
You guys wouldn't be insinuating that the dollar move is unnatural, would you?
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 09-29-2014, 08:38 PM   #4
Ground Beetle
 
Join Date: Oct 2011
Location: Here, There, and Everywhere
Posts: 633
Liked: 388 times
Originally Posted by PMBug View Post:
You guys wouldn't be insinuating that the dollar move is unnatural, would you?
Nah, it is totally natural to go non-stop one way without taking time to breathe.

Now as long as we don't hiccough, everything should be hunky dory.
__________________
If you keep doing what you are doing, You will keep getting what you are getting.
If you don't like what you are getting, You must change what you are doing.


http://mmerlinn.com

GOLD is the money of KINGS.
SILVER is the money of GENTLEMEN.
BARTER is the money of PEASANTS.
DEBT is the money of SLAVES.
- Norm Franz
mmerlinn is offline   Reply With Quote
Old 09-30-2014, 01:01 PM   #5
Ground Beetle
 
11C1P's Avatar
 
Join Date: Aug 2013
Location: North Dakota
Posts: 990
Liked: 517 times
__________________
https://gunstreamer.com/@11C1P
11C1P is offline   Reply With Quote
Old 12-02-2015, 08:13 AM   #6
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,304
Liked: 2502 times
* bump *

Dollar index breaks 100. How much higher can it go before imposing negative consequences on the fragile economy?
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 12-03-2015, 02:56 PM   #7
Yellow Jacket
 
rblong2us's Avatar
 
Join Date: Nov 2011
Location: off world
Posts: 2,053
Liked: 906 times
but look how much more you get for a dollar these days.
Its twice as much oil and 50% more gold

Why is anyone complaining ?
__________________
if it cant be done with a digger .... it cant be done
rblong2us is offline   Reply With Quote
Old 03-18-2020, 08:16 AM   #8
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,304
Liked: 2502 times
* necro bump *

I see the Dollar Index broke through 100 again this morning (101.46 as I type this). According to the historical chart I found (link below), it peaked at 113 circa February 2002 and 125 circa February 1985.

https://www.macrotrends.net/1329/us-...storical-chart
shinnosuke likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 03-18-2020, 09:51 AM   #9
n00b
 
shinnosuke's Avatar
 
Join Date: Mar 2020
Location: Texas
Posts: 13
Liked: 4 times
Originally Posted by PMBug View Post:
* necro bump *

I see the Dollar Index broke through 100 again this morning (101.46 as I type this). According to the historical chart I found (link below), it peaked at 113 circa February 2002 and 125 circa February 1985.

https://www.macrotrends.net/1329/us-...storical-chart
Fastest horse in the proverbial glue factory? Given the roughly 95% loss of purchasing power since the inception of the FedRes (Slavery) System, the Dollar Index should have our currency pegged at zero. Or is a negative number possible?
__________________
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them... (Thomas Jefferson)
shinnosuke is offline   Reply With Quote
Old 03-18-2020, 12:19 PM   #10
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,304
Liked: 2502 times
The Dollar Index essentially measures the dollar against other currencies. Fastest horse, tallest midget, world reserve currency in a time of crisis. How long global faith remains in the currency might be tested if the Fed actually does print trillions of new dollars.
shinnosuke likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 03-18-2020, 05:28 PM   #11
Yellow Jacket
 
rblong2us's Avatar
 
Join Date: Nov 2011
Location: off world
Posts: 2,053
Liked: 906 times
For me with my shiny based in UK£ everything is awesome with a nearly £100 upswing in 2 days taking gold back close to ATH

but man what a crazy ride .... I am up 67% on my gold deposits and down a similar amount on my silver
__________________
if it cant be done with a digger .... it cant be done
rblong2us is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Mortgage Credit Requirements Easing By: Peter King - MortgageLoan.com Wednesday, Oct 16, 201 Penn STS 0 10-17-2013 05:52 PM
How the yen could destroy the US dollar... Potemkin Fiat Ponzi 5 08-13-2013 10:23 AM
Down a dollar ancona Silver Bug 3 11-07-2012 12:02 PM
Rodney King is dead Penn STS 4 06-19-2012 01:28 PM
King World News under DDoS attack (again) swissaustrian PM Bug 7 04-17-2012 03:05 PM


All times are GMT -5. The time now is 03:18 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2020 Measuring Up. All Rights Reserved.