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Articles related to Currency war
 
Gary Dorsch - SirChartsAlot
How High can the US$ Fly versus Japan's Yen?
The Wise Sages of Ancient days used to say, "The fate of a Liar, is that nobody believes him, - even when he's speaking the truth!" Such is the predicament of Japan's propaganda artists, including the Prime Minister, the Finance minister, and central bank chief, who are all trying to cover-up their boldest scheme yet, to crush the value of the Japanese yen, against the currencies of its major trading partners. On May 11th, the finance chiefs of the Group of Seven (G-7) gave Tokyo the
Saturday, May 18, 2013
Deepcaster
Biggest Bubble About to Burst
"Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system.  The system remains still in the throes and aftershocks of the 2008 panic and the near-systemic collapse, and from the ongoing responses to same by the Federal Reserve and federal government.  Further panic is possible and hyperinflation is inevitable.  "The economic and systemic solvency crises of the last eight years continue.  There never was an actual recovery following t
Saturday, May 18, 2013
John Rubino - Dollar Collapse
  Golden Bullseye 
One of the lessons that gold bugs are learning, in the most painful way possible, is that you can't trade a manipulated market. When big players with regulatory immunity can move an asset's price -- and can see resistance/support levels and moving averages just as clearly as anyone else -- smaller traders don't stand a chance. In the gold-is-manipulated script, governments and their bullion bank proxies push the price to levels where they know hedge funds and other traders have stop-
Thursday, May 16, 2013
Jesse - Le Café Américain
Currency Wars: Russia's Proposal for the Post-Bretton Woods II Global Financial System
"The great enemy of clear language is insincerity. When there is a gap between one's real and one's declared aims, one turns as it were instinctively to long words and exhausted idioms, like a cuttlefish spurting out ink. In our age there is no such thing as 'keeping out of politics'. All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred, and schizophrenia. When the general atmosphere is bad, language must suffer." Eric Arthur Blair The dollar rese
Tuesday, May 14, 2013
John Rubino - Dollar Collapse
  Welcome to the Currency War, Part 9: What's Wrong With These Picture
Japan's currency devaluation has worked beautifully. The yen is plunging, Japanese stocks are soaring, and the current account surplus -- the main measure of a country's ability to trade effectively -- is way up: Japan Current-Account Surplus Climbs as Abenomics Sinks Yen Japan's current-account surplus rose in March to the highest level in a year as a depreciating yen boosted repatriated earnings and brightened the outlook for the nation's exports. The ex
Tuesday, May 14, 2013
John Rubino - Dollar Collapse
Welcome to the Currency War, Part 8: US Issues Variable-Rate Debt
It's easy to understand the attraction of things like adjustable-rate mortgages and teaser-rate credit cards. They give you cheap money up front and a few years of breathing room in which to raise your cash flow to cover the eventual higher payments. Sometimes this works out for the best. But frequently not. If your cash flow doesn't rise, a big jump in interest expense can ruin your life, as millions of American homeowners discovered when the mortgage bubble burst in 2007. But th
Monday, May 06, 2013
Jesse - Le Café Américain
Currency Wars: Chinese Gold Rush and American Pravda
Sometimes there is a juxtaposition of stories that is just too striking. Here is a piece that appeared today in the People's Daily Online.  It presents some interesting information on the buying of gold in China during the most recent fluctuation in price. As I seem to recall, China holds so many US dollars that if they tried to convert them into gold and silver, they couldn't.  Well, not at anything near today's prices.  And their bond selling would certainly stress the Fed's Balance Sheet. 
Friday, May 03, 2013
Jesse - Le Café Américain
Gold Daily and Silver Weekly Charts - Gold Is Flowing From West to East
Intraday commentary on the Chinese gold rush and the ongoing currency war here.  It might be well to read this if you have not so already.   What the People's Daily Online has to say about the Chinese market for physical gold is stunning. It correlates heavily with the gold and silver market action and represents a kind of summary of what I think might be going on. Stocks are in a bubble. A lot of the stock market action is reminiscent of the tech bubble with overtones of the housing bubble.
Thursday, May 02, 2013
Jesse - Le Café Américain
Gold Daily and Silver Weekly Charts - Gold Is Flowing From West to East - Stench of Wall Street
Intraday commentary on the Chinese gold rush and the ongoing currency war here.  It might be well to read this if you have not so already.   What the People's Daily Online has to say about the Chinese market for physical gold is stunning. It correlates heavily with the gold and silver market action and represents a kind of summary of what I think might be going on. Stocks are in a bubble. A lot of the stock market action is reminiscent of the tech bubble with overtones of the housing bubble.
Thursday, May 02, 2013
Przemyslaw Radomski CFA - SunshineProfits
Silver's Underperformance Against Gold
What happened on Friday, April 12 and Monday, April 15 on gold and silver markets looked like a gigantic earthquake – a drop of about $200 (13%) for the yellow and almost $5 (18%) for the silver metal. There has been a lot of hyperbole going on. We even heard it said that a move of that scale would statistically only be expected “once every 4,776 years.” Going even further, John Kemp of Reuters calculates that, based on a normal distribution (by the way, market returns are not normally distribut
Monday, April 29, 2013
Jesse - Le Café Américain
Fekete: Who Said the Hydra Would Take It Lying Down
"Corruption is a tree, whose branches are of an immeasurable length: they spread Everywhere; and the dew that drops from thence Hath infected some chairs and stools of authority." Beaumont and Fletcher, The Honest Man's Fortune By way of introduction, Professor Fekete defines the gold basis as the difference between the price of gold in the nearest futures contract and the price of gold for immediate delivery. In commodity trading contango is the situation where the difference is positive
Tuesday, April 23, 2013
Fabrice Drouin Ristori - GoldBroker.com
Gold and Silver : Post-Crash Analysis 
There is strictly nothing happening now on the gold and silver markets that would be related to fundamentals. This crash, just like the other ones, is orchestrated, and it doesn’t reflect the extremely tense situation on the physical gold and silver markets. Here is how some of the significant elements are to be taken into account. I have put them in three different categories : 1) The Global Context
Thursday, April 18, 2013
Eric Coffin - Hard Rock Analyst
Resource Sector Paradigm Shift: Part II
There was little reason for optimism and certainly no optimists that we could find in the junior space this month. This month's editorial continues the discussion of what large companies seem to be looking for and what Juniors should be looking for too. This sort of shift is not a short term scenario. By definition it's going to take some time for companies to retool and approach projects from a different direction with differe
Wednesday, April 17, 2013
Nick Barisheff - BMS Group
The Gold Takedown: Another Glimpse into the Central Banking Matrix 
Three weeks ago, the investing public was awarded a brief glimpse into the mysterious world of central banking through events in Cyprus. Despite the official assurances by IMF head ChristineLagarde that this was an anomaly, a one-time expropriation of investor savings, it is now clear that the situation is far more serious than originally acknowledged and that the Cyprus style "bail-in" will likely be used as a template for other distressed banks.
Tuesday, April 16, 2013
Philippe Herlin - GoldBroker
Is Christine Lagarde Really Speaking For the IMF?
We have already talked about Japan’s escape ahead through the use of the money printing press, notably since the new Prime Minister, Shinzo Abe, named a new director for the central bank and forced the institution to do even more monetizing. Japan has stubbornly stuck to this policy since the crisis of the ‘90s, albeit with no t
Monday, April 15, 2013
John Rubino - Dollar Collapse
Welcome to the Currency War, Part 7: The Zero Sum Game
Based on the past few weeks' stock market action, Japan's decision to flood the world with yen looks like a raging success. It's not of course. Here's a cogent take on the subject from ex-hedge fund manager BruceKrasting: Japan's Gains Are Losses For Everyone Else My daughter called last night, she's made her reservations for a honeymoon in Japan.
Friday, April 12, 2013
Crisis Watch - Dollar Collapse
Welcome to the Currency War, Part 7: The Zero Sum Game

Friday, April 12, 2013
James Howard Kunstler
  That Dreadful Day 
For the moment, the trend seems pretty clear. Money from far and wide rushes into the US stock markets because every other conceivable place to stash money produces no return, no interest, no increase, at a time when the value of central bank currencies is slip-slidin' somewhere south of Palookaville. The rush into equities gooses equities increasing the rush, goosing the goose. Consider, however, that trends by their nature must last longer than the moment to be trends in the first place. One t
Monday, April 08, 2013
Gordon Long - Market Analytics
Japan: A New Currency War Front
At 512% Total Debt to GDP and 226% Sovereign Debt to GDP Japan's Debt levels are alarming even compared to the EU 'GIIPS'. The IMF recently warned that Japanese debt was now "unstable". This is IMF code for unpayable and inextinguishable. So what is the solution? According to the new "ABE-nomics" policy it is to double-up. Japan has replaced the Bank of Japan Governor and mandated a 2% inflation rate within 2 years. This defi
Monday, April 08, 2013
Ranting Andy - Andy Hoffman
Cartel Rule #1 
Read the Wednesday Afternoon Wrap-Up for 4/3/2013 and the Thursday Morning Commentary for 4/4/2013 I have written of “CARTEL RULE #1” countless times before; but in light of the current global economic collapse, I thought it a good time to expand on this concept.  For those not aware of such rules, they represent repetitive patterns I have observed in my “TEN YEARS OF HEAVEN AND HELL,” soon to be eleven.  Fewer than a handful of people are more aware of the U.S. government’s daily “manipulation
Friday, April 05, 2013
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