US dollar safety bet – Investors crowd into US dollar trade. How long will this last?
The US Dollar trade is becoming a heavy bet for investors. I don’t like trades that are based on negative aspects. The US Dollar is benefitting from the Euro crisis and the overall safety bet. Yet this isn’t exactly the best way to invest. This is like choosing the best of the worst companies and [...]
Devaluing the U.S. dollar Rome style. Inflation and diluting a currency is nothing new.
Devaluation is nothing new and great empires like that of the Romans used in their ascent toward the bottom. Little by little the value of the Roman currency was diluted by putting less and less silver in their currency. Eventually the currency was so diluted that faith in the money was lost. It is never [...]
Euro approaching U.S. dollar parity? Euro back to 2006 levels and falling against the dollar.
The Euro doesn’t seem to be responding all that well to the $1 trillion Euro bailout. First, you have countries like Greece that if they had their own currency, would simply devalue their currency and try to make their economies more competitive. But with the Euro you have countries like Germany with much larger economies [...]