Posted on March 8, 2010 by MoneyBob
It’s time to provide some fundamental reasons as to why the dollar is in trouble long term and why the precious metals sector and the commodities sector stands to benefit from these dollar woes. The US has a massive current account deficit and it only seems to be getting bigger. Economists may play with the [...]
Filed under: Commodities, Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Gold, Inflation, Taxes, US Dollar, currency, economics | Tagged: Commodities, Depression, Dollar, Gold, Inflation, US Dollar | Leave a Comment »
Posted on October 26, 2009 by MoneyBob
The Dollar Index hit yet another 14-month low early Monday after a Chinese central bank official urged the PRC to diversify its reserves into more euro and yen. A stronger-than-expected GDP report in South Korea also put pressure on the greenback as traders expect other central banks to follow Australia’s lead and raise rates while [...]
Filed under: Inflation, MoneyBob Postings, US Dollar | Tagged: currency, currency trading, Dollar, economics, Economy, US Dollar | Leave a Comment »
Posted on October 8, 2009 by MoneyBob
Stocks rallied to start the week thanks to a better-than-expected ISM services sector report and a Goldman Sachs upgrade of big banks, including Wells Fargo, Comerica and Capital One.But all is not right in either the economy or the banking sector, according to Christopher Whalen, managing director at Institutional Risk Analytics. In fact, Whalen says [...]
Filed under: Aaron Task, Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, Investing, Life, Middle Class, MoneyBob Postings, Retirement, Risk in Portfolio, Saving, Stagflation, Stock Market, The Fed, Thoughts, Treasury Department, US Dollar, Work, Yahoo Finance, economics | Tagged: Christopher Whalen, Depression, Dollar, economics, Economy, US Dollar | 1 Comment »
Posted on October 8, 2009 by MoneyBob
Stocks and commodities are on the rise today as the dollar falls. It’s nothing new or surprising.What is newsworthy is a report from the British newspaper The Independent claiming the dollar’s days might be numbered in the oil trading pits.The story says “secret meetings have already been held by finance ministers and central bank governors [...]
Filed under: Aaron Task, Debt Management, Deflation, Depression, Dooms Day, Economy, MoneyBob Postings, US Dollar, Yahoo Finance, economics | Tagged: Debt, Deflation, Dollar, US Dollar | Leave a Comment »
Posted on May 7, 2009 by MoneyBob
Jim Rogers says “The Dollar is Doomed”
Filed under: Credit Crunch, Depression, Dooms Day, Treasury Department, US Dollar, currency | Tagged: Dollar, Economy, Investing, Jim Rogers, Thoughts, US Dollar, Work | Leave a Comment »
Posted on April 20, 2009 by MoneyBob
by John Kimelman Monday, April 20, 2009 provided by The legendary investor is sticking for now with the two Cs: China and commodities. Well, bank executives and investors can breathe a sigh of relief: Jim Rogers has covered the short positions on financial stocks he put in place ahead of last year’s massive meltdown. But [...]
Filed under: Barrons, Commodities, Credit Crunch, Depression, Economy, Jim Rogers, economics | Tagged: Commodities, cred, Credit Crunch, doll, econ, econo, economics, Economy, food, Jim Rogers, Oil, US Dollar, zinc | 1 Comment »
Posted on October 22, 2008 by MoneyBob
“This is just another stage of the credit crisis,” said Birinyi Associates analyst Cleveland Rueckert. “Now we’re seeing the effects in world economies of the trickle down effect of the last year and a half.” The sell-off in commodities has hit gold, oil, base metals, sugar and grains and is tied to the soaring dollar. [...]
Filed under: Credit Crunch, Economy, Investing, Laszlo Birinyi, Liquidity Squeeze, Market History, US Dollar, economics | Tagged: Commodities, Dollar, Economy, Euro, Exchange Rate, Investing, Investments, Laszlo Birinyi, Market History, US Dollar | Leave a Comment »
Posted on April 20, 2008 by MoneyBob
Read This – and get out of debt and start to save more cash
Filed under: Credit Crunch, Dooms Day, Economy, Gold, Inflation, Interest Rates, Market History, Retirement, Silver, The Fed, economics | Tagged: Dooms Day, economics, Economy, Gold, Personal, Personal Thoughts, Silver, US Dollar, Work | 2 Comments »