King Dollar?

DoChenRollingBearing

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...

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
 

pmbug

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You guys wouldn't be insinuating that the dollar move is unnatural, would you?
 

pmbug

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* bump *

Dollar index breaks 100. How much higher can it go before imposing negative consequences on the fragile economy?
 

rblong2us

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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 ?
 

shinnosuke

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* 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-dollar-index-historical-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?
 

pmbug

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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.
 

rblong2us

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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
 
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