Tag Archives: US$


Important US$/Gold Events, Basel Compliance, “Option” Mortgages to Explode, U.S. Treasury Stealing Premiums? Volcker Calls for Trading Restrictions

Possible important US$/Gold events in the near future:   The G20 meeting in the U.S. city of Pittsburgh on Sept. 24-25:   The equity market rally has gained steam over the last few weeks not because of the much discussed possible economic recovery but because of the falling US$. As the US$ sinks to new lows cash in short term […]

US$ Decline, T-Bond Prices Decline / Rates Up, CRB Index Down, Precious Metals Higher

By viewing the five charts above, (UUP = US$, TLT = Treasury bonds, CRB = Commodities, GLD = Gold) you have just witnessed a graphical demonstration of the beginning of the stagflation trade. Those of you who read this blog regularly know we have been warning of the inevitable rise of hyper-inflation at a time when a jobless recovery will […]

Consumer Sentiment Dismal, US$ and US Treasuries Reaction A Head Fake

Today’s consumer sentiment numbers offer immediate confirmation that the issues I raised in yesterday’s post are clear and present dangers to the continued recovery of the debt and equity markets. As of this post, equity markets are down about 1.5% across the board, which is not surprising. However, the rally in the US$ and the US treasury market are in […]

RCM Editorial: US$/US T-Bonds/Gold, The Con. Game In Quotes

RCM Comment: As readers you may recall in March we advised shorting the US$ and US Treasury Bonds while maintaining and/or building a long position in Gold. We believed (and rightfully so) that the $300 billion quantitative easing announcement by the Fed would have negative implications for the US$ and Bonds. However, over the last week or so we have […]

President’s Budget Proposals

By Steven M. Etkind and Roger D. Lorence The Treasury Department has released its lengthy explanation of the President’s wide-ranging tax proposals.  The President aims to deliver on both tax “fairness,” especially the ending of perceived tax abuses and “loopholes,” and increasing federal tax revenues.  Particularly hard hit would be U.S. businesses with operations outside the U.S. and the financial […]

News that Moves: The US$ Reserve Status in Question, China Comments on US$ and Debt

RCM Comments: With all the noise about bailouts and payouts and market rallies, I’m afraid you may be distracted from perhaps the most important story brewing. We have highlighted in these pages more than once over the last few months the importance of the movement coming from China to impose its will on the world financial community. Please read these […]