With the dramatic increase in the money supply as illustrated here with the St. Louis Fed Chart, 99% of the people are simply baffled saying – It’s got to be inflationary! But this is like the old TV commercials when Burger King used the little old lady who would look at a competitor’s burger and […]

QUESTION: In your most recent post you mention dollar demand off setting Fed Printing. But fairly often we hear about new international trade agreements that have excluded the dollar. How does this figure into the equation of dollar demand? ANSWER: Trade agreements are actually irrelevant. That is separate and distinct from reserves and the huge amount of dollar […]

The Argentine Government has made it its policy to overvalue the Argentinean Peso (to hide the fact that people are buying dollars and smuggling them out of the country in any way they can as a result of the brain-dead policies they’ve been pursuing for about a decade now). Of course this has led to a “black […]

Our phones have been in meltdown mode and sleep has been rarer than gold around here. Whatever politicians could do to screw up the world, trust me, they are diligently at work to accomplish that goal even ahead of schedule. The logic coming from the ECB, France, and Germany leaves a lot to be desired. […]

From South America a reader has written about the trend down there: “You know the same thing is happening in Latin America. Tons of dollars have been flowing there recently and dollar borrowing rates have skyrocketed as all US benchmark rates reached record lows.  Economies are booming and it doesn’t take a genius to see […]

Everyone keeps touting the demise of the dollar. They seem to be unaware of the global private debt bubble in dollars and how bullish that can be. During the 1980’s, banks in Australia sold Swiss loans on the basis that was the way to save massive interest with no view of the A$ whatsoever. Then […]

The dollar is not sinking and will actually rise on geopolitical concerns as the safe harbor in  tempest of conflicting trends. Keep in mind that the majority of people who put themselves out there as analysts only focus domestically. They analyze everything as if all roads lead to Washington. That myopic viewpoint is why they […]

The entire world is falling apart. Europe is held together with string and bubble gum. Southern Europe will crack. There is no doubt about that and with austerity imposed, it is hard to see how Europe will survive with the Euro. Perhaps the only sensible politician in Europe is Nigel Farage. He alone has stood […]

The questions about gold v the Dow seem to be relentless. Here seems to be the number one question people ask. “Are you saying Gold & the Dollar and Dow can rise together?” Most of the nonsense about gold are sales pitches designed to convince people to buy. They far too often are not well […]

Quite a few readers have asked: “You must be advising Japan again. China is too obvious. You say don’t buy bonds from NY and 2 weeks later they stop. Looks like Japan is following you again.” We just cannot comment on who is a client or not. As for the trend, yes. The dollar bottomed […]