So we’re following forex EUR USD movements today and we have all seen the ginormous collapse of the pair the last day plus. What does it mean for the market as a whole? Well as best I can tell it doesn’t mean a whole lot. It would seem to me that some carry trade...
No doubt Short Gold ETFs exposure is paying off today. While we’d spent a considerable amount of time talking about the need for having exposure on both the long AND short side of the commodities (suspected inflation induced) bubble, here we are riding a victory lap as we watch all the weak hands getting...
I am wondering if the US Exports of inflation pressures will finally end. While the rest of the world (particularly China) has made their money over the last several decades by exporting goods and services to the US, the US has effectively absorbed those goods based on our own prosperity and wealth. Under most...
Is buying a short gold fund a good investment today? It certainly seems like a prudent choice if you presently have significant investments in Gold already. Given today’s price of gold is at or very near all time highs (depending on when you blink on the ticker these days), a prudent investor takes stock...
The Fed and Central Banks around the world simply keep-getting-it-WRONG! Policy makers around the world need non-government credit expansion to fuel economic recovery but they keep screwing over the people with the most WILLINGNESS AND CAPACITY to borrow. The result is continued consumer credit contraction and the resultant forced monetary stimulus via government debt...
Sponsored LinkAs we suggested in our last post, the JPY carry trade unwind is continuing. Leveraged investors had mistakenly expected the BoJ to jump in and drive the currency downward were sadly mistaken. Are traders just too myopic to understand the basic implications of devastation like this? Apparently so. Consider for a moment: Let...
Sponsored LinkThe impact of the Japan Quake on the carry trade initially appeared to be adverse, leading to buying of Yen on Friday afternoon I think the impact of the loss of production and shipments will weaken the Yen long term. Estimates are ranging in the loss of economic output in the hundreds of...
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