Join John Adams, world renowned Intl Matchmaker, Monday nights 8:30 EST for Live Webcasts!
And check out Five Reasons why you should attend a FREE AFA Seminar! See locations and dates here.



View Active Topics       View Your Posts       Latest 100 Topics       FAQ Topics       Mobile Friendly Theme


Wow the US dollar is so strong now! Why?

Discuss issues related to business, finance, taxes, investments, cost of living in different countries, etc.

Moderators: fschmidt, jamesbond

MrMan
Veteran Poster
Posts: 2493
Joined: July 31st, 2014, 3:52 am

Re: Wow the US dollar is so strong now! Why?

Post by MrMan » December 25th, 2016, 8:12 pm

It went up a few days ago because the Fed announced it was going to raise interest rates. Higher interest rates means more people buying US dollar T-Bills. When they buy more T-Bills, the dollar goes up. I think that's because they convert other currencies to dollars to get T-Bills.

HouseMD
Experienced Poster
Posts: 1558
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Re: Wow the US dollar is so strong now! Why?

Post by HouseMD » December 26th, 2016, 11:07 pm

Unemployment is low and people are generally feeling pretty good about the economy.

Taco is wrong because he's always wrong.

The rest of the world is in a bit of a mess right now, and the US is rapidly (once again) becoming the most stable country financially in the world. China's housing bubble looks like it's going to drag the country into the ground, Europe and Britain are in a bad situation because of Brexit, cheap oil has devastated most oil producing nations, Japan is in its perpetual state of stagnation and deflation, basically we're all that's left so far as decent investment opportunities go for the moment.

WorldTraveler
Junior Poster
Posts: 748
Joined: June 3rd, 2008, 3:46 pm

Re: Wow the US dollar is so strong now! Why?

Post by WorldTraveler » December 27th, 2016, 2:09 am

Kradmelder wrote:
No matter what we try the cream ends up as shekels in the Jew's money bag, as they are behind these manipulations. Like the Goldman Sachs Greek swindle. And their more recent manufactured Ukraine swindle. They just make sure whitey makes enough profit to keep putting his money in.
So the Clintons, Bush's, and Obamas are all Jews?
MrMan wrote:It went up a few days ago because the Fed announced it was going to raise interest rates. Higher interest rates means more people buying US dollar T-Bills. When they buy more T-Bills, the dollar goes up. I think that's because they convert other currencies to dollars to get T-Bills.
Thank you for explaining the “Jewish conspiracy.”
Taco wrote: We know that the next economic crash (every 7 years) is coming soon, because these crashes are deliberately timed to coincide with the U.S. presidential cycle. – Jeff Nielson
Hopefully you are right and 2017 will be the great crash we’ve been expecting. I’m mainly in cash and waiting to take advantage of it.

HouseMD
Experienced Poster
Posts: 1558
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Re: Wow the US dollar is so strong now! Why?

Post by HouseMD » December 27th, 2016, 2:14 am

WorldTraveler wrote:
Kradmelder wrote:
No matter what we try the cream ends up as shekels in the Jew's money bag, as they are behind these manipulations. Like the Goldman Sachs Greek swindle. And their more recent manufactured Ukraine swindle. They just make sure whitey makes enough profit to keep putting his money in.
So the Clintons, Bush's, and Obamas are all Jews?
MrMan wrote:It went up a few days ago because the Fed announced it was going to raise interest rates. Higher interest rates means more people buying US dollar T-Bills. When they buy more T-Bills, the dollar goes up. I think that's because they convert other currencies to dollars to get T-Bills.
Thank you for explaining the “Jewish conspiracy.”
Taco wrote: We know that the next economic crash (every 7 years) is coming soon, because these crashes are deliberately timed to coincide with the U.S. presidential cycle. – Jeff Nielson
Hopefully you are right and 2017 will be the great crash we’ve been expecting. I’m mainly in cash and waiting to take advantage of it.
I wouldn't be too thrilled about another crash- the next one will probably be quite devastating and unpredictable, the value of your cash might decline enough to make market gains... Difficult.

User avatar
Cornfed
Elite Upper Class Poster
Posts: 6389
Joined: August 17th, 2012, 5:22 am

Re: Wow the US dollar is so strong now! Why?

Post by Cornfed » December 27th, 2016, 2:15 am

WorldTraveler wrote:So the Clintons, Bush's, and Obamas are all Jews?
Hillary is probably a Jew. Obongo’s mother was a Jew. The Bushes appear to be somewhat Jewified Anglo aristocracy.

Taco
Elite Upper Class Poster
Posts: 4624
Joined: July 9th, 2011, 5:30 pm

Re: Wow the US dollar is so strong now! Why?

Post by Taco » December 30th, 2016, 5:02 pm

This just in...

Could China Demand the US Dollar Lose Reserve Currency Status?
http://www.zerohedge.com/news/2016-12-29/

The biggest issue in the financial system… the issue that CNBC is completely avoiding… and 99% of professionals are ignoring is the US DOLLAR.

The US Dollar has ripped to 103

Image

This is a truly MASSIVE problem.

The Chinese Yuan is linked to the US Dollar. With the US Dollar at these levels China has rapidly entered a financial crisis.

In the last month, China has:

1) Burned through over $70 billion defending the Yuan.

2) Had to halt trading in its multi-TRILLION dollar bond market.

3) Had to issue emergency lending to financial firms to keep them afloat.

ALL of these are linked to the US Dollar’s rise. And it’s lead the world to a very nasty situation.

China has a couple different options, NONE of them are pretty for the financial system.

The most obvious one would be a LARGE Yuan devaluation similar to the one that CRASHED stocks in August 2015 or January 2016.
“Every time a President leaves the White House after two terms, there is a recession within the next year"

Rock
Elite Upper Class Poster
Posts: 4225
Joined: April 21st, 2010, 5:16 pm

Re: Wow the US dollar is so strong now! Why?

Post by Rock » December 30th, 2016, 5:10 pm

Taco wrote: The US Dollar has ripped to 103
...and Taco declared it was about to crash back when it was below 80...

do you see a pattern here by now?

HouseMD
Experienced Poster
Posts: 1558
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Re: Wow the US dollar is so strong now! Why?

Post by HouseMD » December 30th, 2016, 5:22 pm

Rock wrote:
Taco wrote: The US Dollar has ripped to 103
...and Taco declared it was about to crash back when it was below 80...

do you see a pattern here by now?
High, low, strong, weak- doesn't mean a thing to Taco! All signs, good or bad, mean only the end is nigh until the broken clock is finally right.

User avatar
Mr S
Veteran Poster
Posts: 2402
Joined: September 1st, 2007, 11:57 am
Location: Physical Earth, 3rd Dimensional Plane

Re: Wow the US dollar is so strong now! Why?

Post by Mr S » December 30th, 2016, 5:26 pm

As much as I monitor various conspiracy theories across multiple topics, this one's never come to fruition and the one's writing this have been predicting this since Obummer got elected. With Trump's election and pro business incentives for businesses and investors I don't think the dollar will be crashing anytime soon. I do predict other currencies will lose much of their value to the dollar, but that will be more their problem rather than ours. The insiders that pull the strings and levers behind the scenes are not going to let the dollar crash anytime soon IMO. If it is going to ever decline it will be a slow decline while they are forcing everyone to move to some kind of inevitable digital currency exchange backed by the USA and world governments. (probably roughly a 10 year time frame if this were to be implemented globally) Now this is probably more of a realistic scenario than the dollar crashing anytime soon. Other countries investors are going to invest in USA as it hedges their bets so America is going to be great again :roll: :lol: , at least temporarily, thanks to Trumps election.
Last edited by Mr S on December 30th, 2016, 5:31 pm, edited 3 times in total.
"The object of life is not to be on the side of the majority but to escape finding oneself in the ranks of the insane." Marcus Aurelius, Roman Emperor and stoic philosopher, 121-180 A.D.

HouseMD
Experienced Poster
Posts: 1558
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Re: Wow the US dollar is so strong now! Why?

Post by HouseMD » December 30th, 2016, 5:28 pm

Cornfed wrote:
WorldTraveler wrote:So the Clintons, Bush's, and Obamas are all Jews?
Hillary is probably a Jew. Obongo’s mother was a Jew. The Bushes appear to be somewhat Jewified Anglo aristocracy.
Obama's mother wasn't Jewish, their family tree is readily available online at the New England Historical Society. His father married a second American woman that was Jewish though, so he has a Jewish, half-black, half-brother. Clearly, the strongest connection to Judaism that could ever be possible.

Taco
Elite Upper Class Poster
Posts: 4624
Joined: July 9th, 2011, 5:30 pm

Re: Wow the US dollar is so strong now! Why?

Post by Taco » December 30th, 2016, 6:16 pm

This just in...

The Market Has Topped. Now Comes the USD Driven Collapse
http://www.zerohedge.com/news/2016-12-3 ... n-collapse

Dollar Retests 14-Year High as Euro Drops to Near 2016 Low
https://www.bloomberg.com/news/articles ... low-1-0400

China Takes New Step to Downgrade the Dollar’s Prominence
https://www.bloomberg.com/news/articles ... luing-yuan
“Every time a President leaves the White House after two terms, there is a recession within the next year"

MrMan
Veteran Poster
Posts: 2493
Joined: July 31st, 2014, 3:52 am

Re: Wow the US dollar is so strong now! Why?

Post by MrMan » December 31st, 2016, 5:40 am

The Fed recently announced a plan to raise interest rates, so there will be a demand from some investors to buy dollars to invest more in treasury bills. The market anticipates that the dollar will go up, so some investors invest in the dollar, which causes it to go up.

Contrarian Expatriate
Veteran Poster
Posts: 2419
Joined: December 3rd, 2009, 6:57 am

Re: Wow the US dollar is so strong now! Why?

Post by Contrarian Expatriate » December 31st, 2016, 6:43 am

Winston wrote:This also means its a good time to go overseas now because your dollars are worth more. Even China, Russia and Ukraine give you more currency now for the dollar. Wow. China was 6 RMB to one dollar. Now its 7 RMB for one dollar.
It is also a good time to open up your foreign bank accounts in local currency. Just remember your FATCA and FBAR reporting requirements and you can clean up.

Also, gold and platinum are down versus the dollar. Back up the truck gents....

HouseMD
Experienced Poster
Posts: 1558
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Re: Wow the US dollar is so strong now! Why?

Post by HouseMD » December 31st, 2016, 6:51 am

Contrarian Expatriate wrote:
Winston wrote:This also means its a good time to go overseas now because your dollars are worth more. Even China, Russia and Ukraine give you more currency now for the dollar. Wow. China was 6 RMB to one dollar. Now its 7 RMB for one dollar.
It is also a good time to open up your foreign bank accounts in local currency. Just remember your FATCA and FBAR reporting requirements and you can clean up.

Also, gold and platinum are down versus the dollar. Back up the truck gents....
Gold and platinum can have 20 year ruts. Better to diversify.

retiredfrank
Junior Poster
Posts: 606
Joined: November 23rd, 2014, 4:45 am

Re: Wow the US dollar is so strong now! Why?

Post by retiredfrank » January 2nd, 2017, 4:13 am

Contrarian Expatriate wrote:It is also a good time to open up your foreign bank accounts in local currency. Just remember your FATCA and FBAR reporting requirements and you can clean up.

Also, gold and platinum are down versus the dollar. Back up the truck gents....
You can also buy foreign stocks, which are cheaper in local terms than US stocks plus you get a bonus if the dollar ever reverts to the mean (i.e. falls relative to foreign currencies), as it likely eventually will. I'm heavily overweight foreign stocks for this reason. FATCA and FBAR plus the foreign government's rules, if any, are too much trouble for me and I don't like "investing" in metals.

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Business, Finance, Taxes, Investments, Cost of Living, etc.”