Dollar may be done here - Be careful

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Re: Dollar may be done here - Be careful

Postby Pixel8r » Fri Jul 06, 2012 5:14 pm

Cool chart from Morris Hubbartt at 321gold. http://www.321gold.com/editorials/sfs/h ... 70612.html

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Re: Dollar may be done here - Be careful

Postby Stun Lee and Win » Wed Jul 11, 2012 6:23 pm

Making new highs against the Euro now, the dollar index is at 83.56. US 10 year Treasuries have now reached truly absurd levels.

http://www.zerohedge.com/news/10-year-b ... tf-auction

"High Yield on the bond, jaws dropped, as it came at a shocking 1.459%, nearly 6 bps inside of the WI"
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Re: Dollar may be done here - Be careful

Postby Pixel8r » Fri Jul 27, 2012 10:57 pm

Interesting chart from Morris Hubbartt - http://www.321gold.com/editorials/sfs/h ... 72712.html

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Re: Dollar may be done here - Be careful

Postby Pixel8r » Sat Aug 18, 2012 9:34 pm » Safari 6.0 Safari 6.0  Mac OS X Mac OS X  Screen Resolution: 1680 x 1050 1680 x 1050

Another cool chart from Morris Hubbartt;

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Re: Dollar may be done here - Be careful

Postby id5 » Fri Aug 24, 2012 6:31 am » Internet Explorer 9 Internet Explorer 9  Windows Seven 64 bits Windows Seven 64 bits  Screen Resolution: 1920 x 1080 1920 x 1080

China is slowing down and that knock on is appearing in Australia mining, Baltic Dry, etc. China has been buying just about anything it could in the way of commodity or commodity production from mines through to support service companies and brokerages. It is trying to get rid of its USD holdings through purchasing as fast as it can without that money getting back to the US and affecting the value of Treasury Bills. There is not a lot left on the table to buy.

Technically the USD FX crosses are all getting to the point where the USD looks like it could be in for a drop coupled with the recent increase in the 10 year USD Bond Yield looking like it will form a support at 1.68.

But where next for the investment money…GBP is looking good in the short term.
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Re: Dollar may be done here - Be careful

Postby Pixel8r » Fri Sep 14, 2012 2:32 pm » Safari 6.0 Safari 6.0  Mac OS X Mac OS X  Screen Resolution: 1920 x 1200 1920 x 1200

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Re: Dollar may be done here - Be careful

Postby triple-agent » Thu Oct 18, 2012 9:05 am » Firefox 15.0.1 Firefox 15.0.1  Windows XP Windows XP  Screen Resolution: 1024 x 600 1024 x 600

Pixel8r wrote:Image


eur/usd (using Deutschmark prior to erm)

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2009 au inv h & s

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Re: Dollar may be done here - Be careful

Postby triple-agent » Tue Oct 23, 2012 3:16 pm » Firefox 16.0 Firefox 16.0  Windows Seven 64 bits Windows Seven 64 bits  Screen Resolution: 1024 x 600 1024 x 600

aud/usd

definitely one to watch over the next 3-6 months:

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Re: Dollar may be done here - Be careful

Postby Pixel8r » Mon Oct 29, 2012 9:53 am » Safari 6.0.1 Safari 6.0.1  Mac OS X Mac OS X  Screen Resolution: 1920 x 1200 1920 x 1200

I'm expecting the dollar to head back down later this week, following its retest of the golden cross breakdown. Watch out below.

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Re: Dollar may be done here - Be careful

Postby Pixel8r » Fri Nov 23, 2012 10:24 pm » Safari 6.0.1 Safari 6.0.1  Mac OS X Mac OS X  Screen Resolution: 1680 x 1050 1680 x 1050

http://www.321gold.com/editorials/sfs/h ... 12312.html

The topping process in the US dollar is accelerating. Currency analysis requires patience, because during a rollover, technical indicators can move at a snail's pace.

The declining indicators are accompanied by weak volume, suggesting the price of the dollar is heading quite a bit lower.

My focus is the neckline on the head & shoulders top at 78.60. Once the dollar closes below that level for two consecutive trading days, a downside target of 73 will be in play.

Note the clear sell signals on both technical indicators. I like to see the slow Stokes falling under 80, soon after the CCI has spiked to at least 200. These indicator sell signals suggest there is a high probability that the right shoulder of the h&s top will quickly collapse.

This bearish US dollar chart is very good news, for gold investors!


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Re: Dollar may be done here - Be careful

Postby Pixel8r » Tue Apr 30, 2013 10:37 am » Safari 6.0.4 Safari 6.0.4  Mac OS X Mac OS X  Screen Resolution: 1920 x 1200 1920 x 1200

Rising Dollar Myth

Axel Merk, Merk Investments

Myth: U.S. dollar’s safe haven status

Myth: a rising rate environment favors the U.S. dollar

Myth: the Fed’s exit is near

Myth: economic growth will support the U.S. dollar
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Re: Dollar may be done here - Be careful

Postby Pixel8r » Tue Apr 30, 2013 6:20 pm » Safari 6.0.3 Safari 6.0.3  Mac OS X Mac OS X  Screen Resolution: 1680 x 1050 1680 x 1050

Fake breakout from the bearish pennant coming back to reality.

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Re: Dollar may be done here - Be careful

Postby Pixel8r » Mon May 13, 2013 7:26 pm » Safari 6.0.3 Safari 6.0.3  Mac OS X Mac OS X  Screen Resolution: 1680 x 1050 1680 x 1050

Russia's Plan For The BRICS To Dismantle The Dollar System

Contributed by Valentin Mândrăşescu, Editor of Reality Check @ The Voice of Russia. Former commodity trader, economist, journalist. Nomadic lifestyle. When not in Moscow, he can be found travelling across Eastern Europe. Areas of interest: world economy, East European politics, and the theory of propaganda.

The status of the US dollar as the world reserve currency gives the US a number of advantages over other countries. The world’s most important commodities are priced and traded in dollars, even if most of these commodities are not produced in the US. The fact that the world’s financial system is based on the dollar allows the Federal Reserve to export inflation to other countries, while the Federal Government runs a huge deficit with impunity.

So far, only China has been active in challenging the dollar supremacy. The internationalization of the yuan is an official priority of Chinese leaders. Currency swap agreements with major trade partners like Brazil, France, or Australia are small but important steps in the Chinese strategy. Changing the world financial system is not an easy task and certainly a very challenging undertaking for China. Now, it seems that Beijing has found an ally in the Kremlin. And there appears to be a consensus between the BRICS countries: the urgent necessity to dismantle the dollar system...
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Re: Dollar may be done here - Be careful

Postby triple-agent » Tue Aug 27, 2013 4:24 pm » Firefox 23.0 Firefox 23.0  Windows XP Windows XP  Screen Resolution: 1280 x 960 1280 x 960

euro strength / usd weakness dead ahead?

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Re: Dollar may be done here - Be careful

Postby Pixel8r » Tue Nov 05, 2013 2:27 pm » Safari 6.1 Safari 6.1  Mac OS X Mac OS X  Screen Resolution: 1920 x 1200 1920 x 1200

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Re: Dollar may be done here - Be careful

Postby Pixel8r » Sat Jun 07, 2014 4:51 pm » Safari 7.0.4 Safari 7.0.4  Mac OS X Mac OS X  Screen Resolution: 1680 x 1050 1680 x 1050

90% Of Gazprom Clients Have "De-Dollarized", Will Transact In Euro & Renminbi

Following Obama and Putin's "caught on tape" meeting Vine'd by the French President, we can't help but wonder if the Russian leaders comments were something akin to "this is not over yet." With "De-Dollarization" efforts already broadly under discussion, ITAR-TASS reports that Gazprom had signed additional agreements for clients to switch from dollars to euros and renminbi, "nine of ten consumer had agreed to switch."...
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Re: Dollar may be done here - Be careful

Postby Laura » Sat Jun 07, 2014 5:11 pm » Google Chrome 34.0.184 Google Chrome 34.0.184  Android Android  Screen Resolution: 960 x 544 960 x 544

You beat me to it Pix. I was too busy ranting on WC, (the 24knews thread :naughty: )
Secondary attention on the (cough) 'gold-backed' Euro's unstoppable climb towards self-(zone)-destruction?
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Re: Dollar may be done here - Be careful

Postby Pixel8r » Thu Jun 12, 2014 8:53 am » Safari 7.0.4 Safari 7.0.4  Mac OS X Mac OS X  Screen Resolution: 1920 x 1200 1920 x 1200

Pixel8r » Sat Jun 07, 2014 5:51 pm wrote:90% Of Gazprom Clients Have "De-Dollarized", Will Transact In Euro & Renminbi

Following Obama and Putin's "caught on tape" meeting Vine'd by the French President, we can't help but wonder if the Russian leaders comments were something akin to "this is not over yet." With "De-Dollarization" efforts already broadly under discussion, ITAR-TASS reports that Gazprom had signed additional agreements for clients to switch from dollars to euros and renminbi, "nine of ten consumer had agreed to switch."...

The more I think about this it is huge and needs more discussion by us. Just think about it, when Saddam started talking about selling Oil in euros suddenly he was invaded and hung, then Gaddafi started making the same sort of noises about using alternative currencies (gold?) and he was quickly disposed of. It not as if the US can quickly take out Putin, because he has more nuclear weapons than anyone in the world these days. Gazprom is a massive supplier of gas, it holds around 1/5th of the natural gas reserves of the planet. If all transactions are now to be not done in dollars this is going to have a large effect on dollar demand.

I expect that with the de-dollarisation of Russia, we will see them selling part of their massive holdings of US treasuries. This data shows that they held $100.4 billion as of March, my guess is that a part of these have been sold already and that is what they Belgium buying surge was about.

How far is this going to be taken by Putin, I guess it depends on how far the US push him on Ukraine.
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Re: Dollar may be done here - Be careful

Postby Laura » Thu Jun 12, 2014 10:48 am » Google Chrome 34.0.184 Google Chrome 34.0.184  Android Android  Screen Resolution: 960 x 544 960 x 544

If I may skew the topic slightly: As we know, the sociopaths with a control obsession will not let go of 101 yrs of Fed/Rothschild/? domination without a fight. They have a proven record of gaining further control by creating wars (but appearing to be not involved). So my question is: was this latest Iraq issue allowed to happen?
This isn't really about the dollar. The dollar is merely a symbol, albeit a huge one.
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Re: Dollar may be done here - Be careful

Postby wee Jinky » Thu Jun 12, 2014 10:53 am » Safari 4.0 Safari 4.0  Android Android  Screen Resolution: 1280 x 800 1280 x 800

I think Putin has to go for broke now
with Chinese and Indian backing it will be game over for the$
Europe has to decide whether to launch the lifeboat or go down
with the SS Obama.
Merkel seems to be looking east atm and knows the reliance
Europe has for Russian gas
Cameron will sit on the fence for as long as possible.
After the last couple of years of going nowhere with PMs
I feel we are on the verge of a breakout.
Sub $20 silver will soon be gone forever
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