How do you pronounce Trump trade?


And so the currency wars …


Currency Wars

The G20 Finance Ministers meeting in Moscow last week ended with the proclamation that there would no currency wars. Historically when the G20 Finance ministers make public statements like this they are privately doing the opposite. These press releases are solely for public consumption, the ministers aren’t so much concerned about the decline in [...]

US Dollar why so strong?

The chart above shows the startling strength of the US Dollar, rising some 6.20% since May 1st 2012. Given the dreadful state current of the American economy, the excessive debt levels and negative outlook, why is the US Dollar so strong? Two words: capital flight, or money fleeing weaker nations and moving into the [...]

The biggest currency manipulator on the planet

Here is an interesting one: everyone “knows” that China is the biggest currency manipulator on the planet. After all, the US press almost constantly drives the message home, blaming all of America’s woes on China who, they claim, has kept the yuan artificially low.

The reality is a little different. The chart above [...]

Where will your money be safe?

Comparison of various safe haven assets, YTD, May 24th 2012


2012 – Year of the Dollar?

Dollar Index, 1992 to 2012, weekly


But given [...]

The unnatural strength of the US Dollar …

