The ground is giving way beneath our feet: Sell the dollar…Sell Treasuries. People still stand their ground…they do not panic. Read on…
December 16th, 2008 | Bill Bonner | 6 comments | ContinuedAll Posts Tagged With: "the dollar"
The Dollar is Performing Well Against Other Currencies
So it is with great relish that this week, my Gratuitous Mogambo Attack (GMA) is the “Economic Focus” column in The Economist magazine, this one titled “The Resilient Dollar”, which I thought would be interesting, in that not only is the dollar strangely going up against other currencies, but still going down against inflation, as are all the other countries in the world that are showing positive rates of inflation, which is, oddly enough, ALL the other countries in the world! Hahaha!
October 14th, 2008 | Mogambo Guru | 2 comments | Continued
Euro Hits Fresh All-Time Highs Versus the Dollar
The Euro hit fresh all-time highs versus the Dollar already this month – and we’re only one trading day in. So might US investors want to switch out of gold bullion ahead of Easter this year and move into the single currency instead? After all, the Euro still pays 4.0% interest per year – a feat that dumb gold could never promise or achieve – and with Eurozone inflation holding at a record 3.2% year-on-year in February, the European Central Bank (ECB) is clearly in no mood to start slashing rates now.
March 4th, 2008 | Adrian Ash | 0 comments | Continued