DoChenRollingBearing
Yellow Jacket
...
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
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