lol but what happens when the last bubble pops, government bonds, more wealth destruction, this cannot be inflationary but rather the opposite, deflation is pretty much locked in at this point, if yields this low cannot stimulate the economy what happens when they get back up? when yields starts to move up and bonds sell off further dollar weakness is there to put fuel to the fire and dollar weakness makes investors demand more yield a vicious cycle, to bad the us government also needs to borrow more
Give yourself a pat on the back. I've always confused inflationary, deflationary, depressionary, and recessionary. You, sir, are a great service to all ETers.
Oil will do better when demand is real terms is stronger. Like I said, peak oil won't scare anyone if we all know OPEC has an extra 5mbpd of capacity under its sleeve. Thus oil will underperform until demand seriously ramps up (several million barrels/day). If you are not sure about economic activity in real terms picking up, but want to play the flood of money, gold is an easier bet. I think oil is going to 300 - but it is going to take 3 years. And for the next year, we'll be lucky to see it at 75. Gold won't have too hard a time being at 1200-1500 in the next 3 months.
The dollar has NOT dropped vs our top 3 major trading partners for imports or exports. You title is way off....it should've read that the gain in the Euro is stunning becuase its the currency thats rising vs all other currencies....dollar is not dropping vs all currencies only dropping against euro, yen and chf. All 3 of those countries we trade less with than canada whos currency has NOT moved, or mexico who we are still at an all time high against them. Also no major moves vs gold/silver and oil is DOWN even with euro rising and opec cuts so theres another clue sherlocks
Since the 2nd of December the EUR/USD is up 14%. Since the 2nd of December the USD/CAD is down 8%. So while USD hasn't lost as much percentage wise to the Canadian Dollar, it isn't entirely accurate to say that the prices have not moved. Oil is virtually unchanged for the period despite bouning pretty big on a percentage basis up and down.
What a bullocks. The US has not accomplished a single miliatary/special forces mission since the Korean war what the heck are you talking about??? Should we extend the list beyond Vietnam, Panama, Columbia, Afghanistan, Iraq, Somalia (random order)? I dont know where you have been the past 60 years but you clearly missed out on couple key events. Suddenly claiming this was for oil is just rediculous. As everyone claimed in your country it was for the sake of fighting the "axis of evil" and to find a scapegoat for Sep11. And whats your point anyway aside the fact that a high school kid wants to show the world how partriotic he/she is despite a complete lack of historical and factual knowledge???
excellent point aside the fact that the average American probably takes a minute to locate NYC on the map. (I am of COURSE not talking about any ET members ;-)
are you sleeping? Look at the DXY index, heck, construct ANY basket of major currencies and plot that against the USD. The USD is free falling right now, the C$ means absolutely nothing nor does the pesos.