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Old 09-27-2014, 01:57 AM   #1
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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
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Old 09-27-2014, 04:23 AM   #2
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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.
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Old 09-29-2014, 08:32 AM   #3
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You guys wouldn't be insinuating that the dollar move is unnatural, would you?
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Old 09-29-2014, 09:38 PM   #4
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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.
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Old 09-30-2014, 02:01 PM   #5
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Old 12-02-2015, 09:13 AM   #6
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* bump *

Dollar index breaks 100. How much higher can it go before imposing negative consequences on the fragile economy?
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Old 12-03-2015, 03:56 PM   #7
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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 ?
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