Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

Which is Closer to a Trading Bottom: Gold, Oil or The U.S. Dollar?

admin by admin
October 17, 2015
in Uncategorized
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

by Michael Clark

Considering that the US Dollar, gold and oil all seem to be pretty much natural adversaries, which is in a better position to advance in price in the near future?

Looking at monthly charts…well, let’s look at monthly charts:


(click to enlarge)


(click to enlarge)


(click to enlarge)

These charts show a clear winner. With all the talk on the decline of the Dollar, these charts show a Dollar that, despite recent consolidation, after massive gains, is poised to make higher highs, this much to the detriment of both gold and oil. And also to the detriment of stocks, at least that is my conclusion, based on recent history.

The charts below show a largely adversarial role between the US Dollar and stocks, gold and oil, at lease from 2007 to the present.

Stocks are tipping, tipping — and the strong Dollar is the force that is bringing stocks to their knees, world-wide. Note the weakness in the US Dollar (NYSEARCA:UUP) from 2011 through 2014, which allowed global stocks to race higher — this is the FED’s QE and ZIRP monetary manipulation of the Business Cycle — stealing or borrowing money from the future in order to spend today, on financial markets.


(click to enlarge)


(click to enlarge)


(click to enlarge)

The US Dollar looks strong in the monthly charts. There is a reason for this. American QE weakened the Dollar and lowered interest rates and seeded a cheap bonanza of US-Dollar borrowing across the globe. Now the strong Dollar is getting ready to harvest this crop of global expansion. This will inevitably lead to a period of default in emerging markets that borrowed too much (in cheap Dollars) and now must buy more expensive Dollars to service outstanding debt (in weaker local currencies).

In the 1982 Bull Dollar run, Mexico and Latin America experienced a default crisis; in 1988-2001, Asian nations (remember the Asian Currency Crisis) and Russia (the Russian debt default crisis) both collapsed from the weight of the strong Dollar. In fact, the 2008 global collapse was also triggered by a Bull Market in the US Dollar, which the US muted with QE and NIRP — but, guess what, the strong Dollar is back, and the default crisis is only going to get worse.


(click to enlarge)


(click to enlarge)

Here is an article from Reuters suggesting this is already happening.

www.reuters.com/article/2015/03/03/emerg…

Is the FED going to be willing to choke the US Dollar again with more QE, in order to please foreign borrowers (nations, corporations and individuals)? That is the million dollar question.

Too much debt is the problem? And QE fixes nothing; it merely stalls so that someone else with have to face the truth about the killing global debt burden. A strong US Dollar will do something about the debt problem — it will begin to destroy the debt problem — but most people in power don’t have the stomach to face this single solution to our debt problem, which solution will certainly cost them their jobs and probably much of their treasure they have accumulated over the last few years.

I’m personally in favor of a strong Dollar and higher interest rates and think we’ve been stalling since 2001 when we should have ended the Debt Orgy and begun fixing the imbalances that we created then, instead of lying and stealing in an attempt to ‘extend the Business Cycle’ — extend the period of profiteering and corruption, avoiding the piper and his request that he be paid. We will have to pay the piper, either today or some time in the future.

We need to stop paying tribute to the Debt Monster, who is eating our seed corn. Does anyone understand what is going on? Besides the banks, I mean. Banks don’t mind seed-corn. Banks generally have loyalty to their own kind. It’s all the same to them if they get paid in corn, or, instead, in seed-corn.

MJC, CGTS

Previous Post

Exchange Rates Moving

Next Post

The World’s Most Globalised Countries Are In The EU

Related Posts

Why Is The SEC Suing Binance?
Business

Why Is The SEC Suing Binance?

by John Wanguba
June 6, 2023
Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking
Economics

Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking

by John Wanguba
June 5, 2023
Japanese Regulators Issue Stern Warning To OpenAI For Data Collection
Business

Japanese Regulators Issue Stern Warning To OpenAI For Data Collection

by John Wanguba
June 5, 2023
What Are BRC-30 Tokens?
Econ Intersect News

What Are BRC-30 Tokens?

by John Wanguba
June 2, 2023
XRP Explosive Boom Results In Record-Breaking Address Activity
Economics

XRP’s Explosive Boom Results In Record-Breaking Address Activity

by John Wanguba
June 1, 2023
Next Post

The World's Most Globalised Countries Are In The EU

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin adoption Bitcoin market blockchain BTC business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • Why Is The SEC Suing Binance?
  • Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking
  • Japanese Regulators Issue Stern Warning To OpenAI For Data Collection

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish