Yes - they are the foreign ETF's, funds plus shortplay on the us indices(rydex).... PS I still like the SF for pure currency play.
well I do not know about you but I have been living the USA for 27 years and watching consumer prices rather closely, if you do believe in the CPI and govt. reported inflation statistics I have a rather classic bridge to sell you in New York City.
"Everyone" knows the govt manipulates the cpi, etc. I was wondering if you have a more perfect indicator you might share with us or a link to one someone else has developed. DS
Exactly! My point was not that the government does or does not manipulate the CPI. It was simply how entertaining these forums are - and how some "traders" love to come here and posts innane connections like the price of hot dogs in relation to the USD.
Missed your point, a hazard of online communications by typed forums, but I do share the entertainment. Sometimes I wonder if people are serious about some the really off the wall stuff you see. BTW-I have a theory of how economic news is reported and it is not far from the hot dog correlation . Goes like this: Take the headline from the markets and connect it randomly with a news headline. So, it reads for example, "Dowt is down 50 points because Cheney reported to be source of Plame leak." DS
Here's what I got: EUR/USD up 70 pips because H&M replaces Kate Moss with Italian model. I love it! I'll be doing this from now on Cheers! -Ivan
According to the official government CPI calculated by some folks in Washington http://data.bls.gov/cgi-bin/cpicalc.pl Your $7.96 sandwitch today would have cost $4.74 in 1988! And if you believe that then I have a bridge...
I believe the reason for the dollar being worthless is two fold First you have an irresponsible government that continues to spend more than they take in Two, countries around the world are starting to realize the national debt is getting to a level where it becomes increasingly difficult to pay off so as they move to other currencies the dollar will continue to go down. If some MBA economist would like to give me their spin I would love to hear it. It is simple economics you can't continue to spend more than you take in and expect that people with have confidence in your business model, yet that is what the US does! Maybe we can get a fiscally repsonsible government, there's an idea!