SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sea_urchin who wrote (19433)10/25/2003 6:10:48 AM
From: mcg404  Read Replies (2) of 81961
 
Searle, re:<Weak USD adds to the attraction of "emerging market">

doug noland's view:

Moreover, that “commodity” currencies -- the Australian dollar (up 25%), South African rand (up 24%), Brazil real (up 23%), Canadian dollar (up 20%), and Argentine peso (up 18%) -- are the leading global currencies this year lends especially strong support to my dollar over-liquidity/global reflation thesis...The Overriding issue remains Unrelenting Dollar Liquidity Excesses – an out of control Bubble of dollar financial claim creation. (At the same time, the grossly speculative and inflated U.S. stock market is a liquidity-Bubble accident in the making.)



This acute dollar over-liquidity view may be counterintuitive and even controversial, but there is certainly ample supporting evidence. I can point to continued over-liquefied Credit markets. Credit spreads domestically and internationally remain extraordinarily narrow (they’ve collapsed!), and demand for dollar denominated global risk assets (debt instruments) remains unprecedented. Credit availability could seemingly not be easier at home or abroad. The case for abundant dollar liquidity is also supported by surging gold and commodity prices, as well as a dollar that just cannot find its footing.

<In my opinion, the whole gold/gold share market is like a house-of-cards, built on make-believe...> As are the alternatives?

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News