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.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.17+0.2%Dec 11 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paxb2u who wrote (32458)5/19/2012 1:43:01 PM
From: Hawkmoon  Read Replies (1) of 220068
 
Well.. it does make those USD that we pay our debt back with more expensive.

But it also supports our debt since despite yields being low on Treasuries, there is intrinsic appreciation from the FOREX perspective vis-a-vis other currencies.

So I see foreign money in European bonds seeking safe harbor in US Treasuries, and a rise in the USD.

Been waiting for the USD to rise for over a year now back to it's levels of May, 2010, or beyond.. Seems we may be finally be really seeing some momentum.

That said, I think the CBs are going to attempt one more collective action to intervene and decelerate the sell-off in Europe.

But what I'm wondering is whether all US assets will benefit from a rising dollar, based solely upon the appreciation of the USD.

And when the USD ends it's surge, that, I think, is the point where I may consider precious metals.

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