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 -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (87998)11/17/2016 10:44:31 AM
From: GoodGord  Read Replies (1) | Respond to of 218385
 
I wonder if this market launches into Black Friday....



To: GROUND ZERO™ who wrote (87998)11/17/2016 11:17:05 AM
From: Hawkmoon1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) | Respond to of 218385
 
I'm not sure what the author is really saying,
Well, I think he's suggesting that based upon the FX Swaps rates tell us whether there is a shortage of USD in the global economy..

Gotta have dollars to buy commodities.. oil, nat-gas.. gold.. etc.. as they are priced in Dollars. Right?

But the BIS was discussing some two+ years ago that there was some $9 Trillion in USD denominated debt outside of the US.. So the stronger the dollar gets, the more likely these loans default, or require accelerated repayment..

Hawk



To: GROUND ZERO™ who wrote (87998)11/17/2016 11:26:57 AM
From: Hawkmoon  Read Replies (4) | Respond to of 218385
 
Yes.. That's what I'm taking away from it.. That there is a short-squeeze spending on the USD..

Deflation.. USD denominated Debt default (destruction of money)

Every loan denominated in dollars is actually a "short" position against the dollar..

Therefore, there is a tremendous demand for USD overseas..

I also think we're seeing increased demand for dollars from India where they just banned "high value" bank notes, purportedly to stifle criminal activity..

It's apparently creating a lot of chaos over there.. Hence Gold and USD are selling at a premium..

Not sure if that's responsible for the latest surge in the USD.. but could explain a lot..

zerohedge.com

Hawk