Comments on: US Dollar in Strong Long Term Downtrend from its Highs

By: andrew cutler

andrew cutler — Mon, 19 Oct 2009 22:35:37 +0000

USD will have up periods but should (fundamentally) continue to trend down toward lows (71)…thenupon politics and currency manipulations will drive it up…the trading oligarchy (Goldman’s, Morgan’s) will ensure this.

By: etch

etch — Mon, 19 Oct 2009 12:13:10 +0000

yep..its in a very sheizen position

By: Gerard

Gerard — Mon, 19 Oct 2009 02:28:20 +0000

I have heard others talk of USD ‘dead cat bounce’ as well. Jim Rogers, Mark Faber, Peter Schiff, etc. To me it looks like a financial power game is being played out between fed up BRIC countries and the US and Britain. I am waiting for the USD rebound then I will buy as much silver and gold as I can get my tiny little hands on. The reasons: 1. Currency Crisis of USD and 2. Hyperinflation after the deflationary crash coming to your screens any time soon.

By: wayne

wayne — Sat, 17 Oct 2009 00:32:13 +0000

the US simply cannot continue to live beyond its means and try to inflate its way out of debt at the expense of the developed world much longer. The world can see what is happening and it is only faith that the US can repay its debt thats holding the dollar at the moment Once that faith disipates the dollar is not backed by gold so it will fall. High unemployment a move away from being an industrialised country and just relying on citizens to keep buying cannot work.

By: Peter Fraser

Peter Fraser — Thu, 15 Oct 2009 23:17:35 +0000

Murray – I agree the USD is in a tough position. When the day of reckoning arrives there will be clear winners and losers.

By: Wen

Wen — Thu, 15 Oct 2009 11:10:01 +0000

Interesting article, I wish I could understand it. The wisdom I seek: Should I buy US dollars now, or wait a month or two? What would indicate the best time to buy US dollars? cheers