US DOLLAR ACTS LIKE THE STOCK ISSUANCE OF THE USA, INC. ITS ECONOMY PROVIDES FUNDAMENTALS FOR THE STOCK (DOLLAR)
few seem to fixate on the dollar's fundamentals the comparison to a very large company stock is good but with ability to change laws, rules, regulations, not same but it is certainly worth discussing openly which reveals some extremely serious horrible fundamentals it tells me that we are very very early in the dollar correction
the US$ decline will be a structural correction, just like the economy correction has been structural anything else would be incongruous, given the liquidation that has taken on vicious consequences this is gauranteed to get quite scarey it will provide a real lesson for socialists and for those ignorant in economics and TRUEMONEY
the dividend yield (FedFunds rate) keeps dropping, which is bad for stock US$ the CFO (Fed Chairman) wants to raise that dividend, but cannot a higher dividend would encourage foreigners to hold stock US$ earnings (Fed budget) are NEGATIVE, with federal debts growing again revenues are becoming more heavily tilted away from stockholders (US citizens) as the trade gap widening earnings have become flat among the serfdom stockholders (citizens), with zero household savings
and then dilution... USMgmt (Fed Reserve) has been heavily diluting stock issuances every year with a 35% dilution since Jan2001 (MZM money creation)
it gets worse... with trade barriers, we have added costs to product (export) sales with war footing, we have both inefficient R&D (military, security) and even bigger dilution in stock issuances (Fed debts, new dollars)
and further dreadful factors... the serfdom class is up to its ears in debt also individual serf and community groups (corporations) are getting killed (bankruptcy) at an increasing rate this hurts the ability of the USMgmt (USTrez) to collect revenue (taxes)
and worst of all... the USMgmt (Fed Res) has secretly sold 50% of the corporate treasure which collateralizes its massive $6,000,000,000,000 debt this debt will never be repaid the serfs are largely unaware about the sales of gold
let's not forget the deadwood employees... its countless employees (burokrats) trip over each other to get things done, even important things like preventing murderers from hurting the serfs burokrats cannot be fired, even if they dont work at all and R&D workers (Military) continually order expensive toys that use lots of fuel, and toilet seats that can withstand nuclear attack, as well as the world's best nuts & bolts
WE ARE A BANKRUPT NATION, AND DONT KNOW IT our collective arrogance prevents us from seeing clearly foreigners have begun to sale this US$ stock in earnest the new trend is not ending, it is beginning
we have considerable assets, but most are debt-ridden our bankruptcy are a company has been legislated with mandated spending the Board of Directors (USCongress) are a pack of self-serving pocket-lining criminals who continually grandstand, waste money back in home areas, and work part-time the few who are competent and well-meaning dont have a clue how to manage its finances with so much forced charitable spending (social programs), and huge pension systems (federal, military, judicial), not much money is left for good R&D (research grants, jobs training, SBA loans)
and its mortgage generator (FannyMae) that helps serfs own their own land is about to explode and go bust
and about its gold collateral... since it sold so much of the gold to back its stock shares (dollars), the value of that gold held by foreigners will have to sharply rise in value, since now it has become more rare in fortifying other stocks by other intl corporations (nations)
Paul from the Great White North, our dollar be in deeeeeeeeeep shit your dollar will put us to shame soon
I am slowly building the sense that the USdollar might soon enter into a very serious freefall with Central Banks attempting to stave off huge big moves currency momentum can become incredibly powerful and quick
the action here at USD= 107 to 108.5 is now beginning to resemble the action in the 110-112 interval in early June it cannot hold up ANY gains it tends to give it up quickly intraday but it is early in this new 107 - 108.5 range
I keep reminding guys that early summer is gold's LOW SEASON we are doing well here during our worst season I just want to tread water here
every once in a while, fundys are revealed like last Thursday with gaping trade account balances just what would precipitate a bounce in the dollar? stock money flow acts like a flowing river currency acts like a jetstream in the upper atmosphere !!! its momentum is collosal
I think golds are consolidating the longer they consolidate, the more reliable the breakout will be relax, and enjoy the summer whatever little summer you northern muskrats get, that is / jim |