PowerShares DB US Dollar Index Bearish Fund (UDN)

All Comments on UDN

  • commenter
    Omaha_farm_b
    oy
    Aug 28 02:57 AM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    OK. Let's get specific. How much inflation is expected, how much will Gold (and silver) go up, and how soon?

    AND how much gold should one have? Hard or soft?     Reply
  • commenter
    Philman
    Aug 28 02:48 AM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    Lester, people who have gold have a currency that will always be accepted in every country, but as much as I love the yellow stuff, I don't think it can make you into a sovereign of your own realm. I think that, back in the early 30's, the government was "forced" to confiscate gold because the government had printed too many dollars, and, at that time, the dollar was "good as gold". In other words, the law said people who exchange dollars for 1/20th of a troy ounce of the yellow stuff. There was probably a run on gold by foreigners and Americans who were presenting huge numbers of dollars for gold. The gold at Ft. Knox just wasn't enough, maybe, and the Democrat President, Roosevelt decided to confiscate private gold. Hey, the Dems still want to unconstitutionally confiscate your property, and give it to the people who voted for them. That's nothing new! Wait to see what happens if Obama becomes President! Reply
  • commenter
    Philman
    Aug 28 02:13 AM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    Bron, how is the availability of gold for Perth Mint? I am wondering why the Royal Canadian Mint needs to beg to borrow 400,000 ounces, if there are 1 billion ounces of above-ground stock. What is happening? Any insights? Reply
  • commenter
    Philman
    Aug 28 01:40 AM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    Excellent article! Really hits to the truth that so many fools want to deny. It should be obvious that precious metals, like everything else, respond to supply & demand, not the value of the dollar, and yet, we have so many fools, even inside the people who commented on this article (User 52172 comes to mind), making so much market chatter that they take us off course. Where does the bitterness come from? Maybe, they are involved with the market manipulations Jim talks about? Anyway, Bravo! I agree with the article 100%! Reply
  • commenter
    User 52172
    Aug 28 12:26 AM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    idiotic article by an idiot Reply
  • commenter
    Bron
    Aug 27 08:37 PM
    My Website
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    Looks like I'm going to agree with James, on one point anyway - you can't short term trade gold or try and leverage it. My reasons - see goldchat.blogspot.com/...

    You cannot expect to short term trade a market when the total above ground investment stock is estimated at 2 billion ounces but the only "visible" part of this inventory you can analyse are COMEX, TOCOM, ETFs etc at 36 million ounces (see goldchat.blogspot.com/... for more details).

    "shell-shocked gold investing community" I would just change this to "shell-shocked newbie gold investing community". The scary thing is all these new investors coming into gold without any understanding of the fundamentals (and market structure) of what they are buying. It is best for gold that this run to $1000 and drop flushes out these people and leaves the strategic investors in so a strong base support can be built.     Reply
  • commenter
    Florin
    Aug 27 07:26 PM
    The Dollar Index and the Financial Sector [view article]
    It seems that everyone is on the "FED will raise rates" bandwagon. The correct contrarian point would be to actually expect rates to decline.
    If you look at the bond market, traders have been expecting lower rates since mid june of this year. The 10 year T yield dropped from 4.26% to 3.77% as of today. The 1 year T trading right now 2.16%. Very close, too close, to the FED yield. The yield curve is contracting since mid March.
    My bet is that the FED will LOWER RATES before year end.     Reply
  • commenter
    BrunoT
    Aug 27 05:21 PM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    Too cute by half and too long by a mile. "you already know the answer"

    How about not trying to win a pulitzer and just write concise informative columns? I already have investing BOOKS.     Reply
  • commenter
    dalerb
    Aug 27 05:18 PM
    What the Homebuilders Are Telling Us [view article]
    I've been in the RE development business for about 40 years and have never seen an environment as stacked against a turnaround as this. A partial list; interest rates, inventory, raw material costs, demographics, credit availability.....I could go on and on....wake up bud, we ain't ever close to a "turnaround"... Reply
  • commenter
    dalerb
    Aug 27 05:16 PM
    What the Homebuilders Are Telling Us [view article]
    I've been in the real estate development business for years and have never seen any environment that looks a bad as this one does going forward. Everything is stacked against RE for at least the next three or more years. Interest rates? (check) raw material prices (check) inventory? (check) availability of credit? (check) I mean....wakeup! Reply
  • commenter
    wyosteven
    Aug 27 05:14 PM
    What the Homebuilders Are Telling Us [view article]
    Agree with the bears on this one, no way real estate decline has any end in sight. We are experiencing the plateau of sink or swim, and right now the water is still going out! Reply
  • commenter
    eric hart
    Aug 27 04:11 PM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    GDP is calculated after subtracting for inflation. if inflation is rising, then it impacts GDP more. If government uses bogus inflation data, then it can show growth, when in fact real inflation adjusted GDP would show a recession. Therefore it is to the governments advantage to use artificially low inflation 9for a number of reasons) to make growth look greater than it is.

    Global GDP could contract and "go down" to negative value, and this is completely consistent with rising inflation. in fact, as inflation accelerates further, it incrementally subtract from GDP. Iflation is not causes by growth, but by increasing money and credit.

    it is true that money and credit have been contracting recently--but over the last 8 years, iflation has been galloping ahead. The credit and money supply growth contraction of the last 18 months does not reverse the collosal rising in credit and money supply.

    Much of the US currency reserves (of our own government and other governments) are recycled into bonds. This is a an ocean of money sitting on the sidelines--4 to 5 trillions dollars. Some of these holders of bonds are getting nervous and realizing that their "safe haven" status of bonds is not so safe--as inflation is a guarantee of loss over time.

    This inflation that was impoted to China, Japan, and MiddleEastern bond holders will now be unwound as we import our inflation back home. Inflation can have a long lag time between the creation of the money and the rise in prices.

    In summary: it is possible to have negative GDP growth (recession) globally and still see a rising inflation trend.

    And, due to the lag time inherent in the creation of money and the subsequent off shoring of those reserves invested in bonds, and the further eventual repatriation of those dollars--it is possible to have a contraction of the (recent) money supply and of credit creation--and still see global inflation.

    In fact that is just what we see, and it will get worse as the bond trade for excess dollar trade unwinds and foreign holders of dollars wise up and see inflation as a biggest threat to their capital. They are both a cause and effected by this rising inflation trend.     Reply
  • commenter
    Cal
    Aug 27 04:05 PM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]

    Does Congress have the foresight to follow our Constitution? It states there in only Congress has the authority to print our money supply(dollars)and based on only Gold and Silver. Both Presidents T.Jefferson and A. Jackson destroyed the Central Banks in their days, because they issued fiat money(non gold backed paper money), which causes inflationary boom and bust cycles! The elite and Bankers love this as they have incredible cheap buying opportunities during these downturns paying pennies on the dollar for business and houses!

    John, do you think that the present unfolding of such extreme problems are caused by recent events or has been brewing since U.S. Presidents in 1936 and 1971 forced us & the dollar off a gold standard without Congressional authorization and disregard to the Constitution?

    Is fiat money responsible? Would a single world currency help?

    Please Reply
    Cal     Reply
  • commenter
    Owen
    Aug 27 03:56 PM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    Lester,

    Interesting concept. However, remember that government, in its current form, existed long before fiat money. Until a couple of centuries ago, most forms of currency were actual pieces of gold or silver, and government was as powerful then as it is now, perhaps even more so. Fiscal and monetary policy may be a function of a government's ability to fluctuate its currency, but the essence of sovereignty has little to do with gold.
     Reply
  • commenter
    Lester
    Aug 27 03:08 PM
    Independence Day: Decoupling Gold and Silver from the Dollar [view article]
    Dear Mr.Conrad and Other Readers!

    I am not an economist, but I study von Mises. I was born after the Great Depression. Would someone kindly explain to me why the govt was "forced to expropriate gold from the people"? What role did gold play in the declared "national emergency"?

    Did gold somehow mismanage the economy? Or was it someone else?
    Was gold ownership an obstacle to production, i.e. feeding the people? Or was it an obstacle to govt control of the economy?
    Did gold in govt vaults become harmless to the economy? Or did it become harmless to govt policy-makers?

    The reason why I pose these questions is because watching history repeat itself, I concluded that gold ownership renders the individual a little bit sovereign. Not wholly, but some. An economically independent individual is more than likely politically independent as well. At least by using gold-enforced accountability of govt, a sovereign individual can extort valid political rights from govt.

    I say "extort", because rights are not granted by the goodwill of govt, but by threat of forcible removal from office. I trust most of you would agree with that process. Any thoughts on that?     Reply

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