"The Australian Dollar needs to remain low!
Anyone going long on AUD Sell? I sold AUD/NZD at 1.26(96) Dec 5th 11:50 GMT not sure how low it will go. But if Australia wants a stronger GDP it needs to keep its dollar low.
"Thanks Peter, I was also thinking same. Plus, he did not took into account partial or full lose of world reserve currency status, which is already happening. We will see. In my opinion eu will last but some countries will leave, that may tumble euro…"
"Hi Romano - The guy who wrote the piece Charles Hugh Smith is a serious journalist with a big following and also the author of many books on global finance and politics.
He is very much pro Dollar and anti Euro - nothing wrong with that as he is an…"
"Alan, no cheaters? And recent unemployment data was like real? How about what shadowstats report? For now at least, I dont see need of shadowstats for europe for example, altough it may change once too. Some adjust fine but like double+ data…"
"I have no idea, like just about everyone, whether the U.S. data is genuine or otherwise but just because you don't like it doesn't make them "cheaters" (great word).
It would be very difficult for the U.S. to have a positive…"
"I agree with Peter(again), US looks to me like bunch of cheaters(no offense to the people, I mean those at the top), faking data, hiding real money supply and wealth(nobody investigate FED), deficits much bigger than eu even with all its problems...…"
Your thoughts on the long term effects of the USD will it lose its power. Now that China and Japan are in direct currency exchange. The oil pipeline from Canada to USA....will the two currencies be of equal value? Your Thoughts and Feed Back! See More
"I agree with Lisa this is a huge election, for the USA, my thoughts are regardless of who wins this election, things will start to level out afterwards in my mind USA is like a boilinger band that is drawn in so very tight and once election is over…"
"We have already started to see fabricated numbers coming out since election is rt on the corner..
The things is it seems mkt is not buying the bogus numbers and with unemployment under 8%; you would expect an explosion like effect with USD…"
"Hi Don - I am a day trader and therefore never bother past 24 hrs ahead as I don't invest etc. However I was drawn to your post regarding your comment on the oil pipeline link and the two counties currencies.
A few years ago many were saying…"