patrick.net

I've been big on dollars for years now. The Euro is worth only a fifth of its current value. Europe doesn't make stuff any more and it exports nearly nothing that we can't make just as well ourselves. And when is the last time it produced a major new technology?

There are still many systemic problems in the Eurozone. Unemployment is still stubbornly high and now the countries that have been keeping things afloat (Germany, France) are starting to have issues. Couple this with the current problems in the Ukraine and you have the formula for a potential downturn.

Mind you, things are not exactly rosy in the USA, but are leaps and bounds ahead of the Eurozone. And since the Fed will begin to taper its QE policy, that will add strength to the US dollar.

Not according to Steen Jakobsen:

"The dollar's peaked and now's the time to short it; that's according to Saxo Bank's Chief Investment Officer, Steen Jakobsen."

Is it possible that GS is front running?

https://www.tradingfloor.com/posts/jakobsen-why-nows-the-time-to-short-the-dollar-1465225?utm_source=Trader%20I%20follow%20posts&utm_medium=Mail%20Notification&utm_campaign=TF_email_trader_i_follow_posts

indigenous says

Not according to Steen Jakobsen:

"The dollar's peaked and now's the time to short it; that's according to Saxo Bank's Chief Investment Officer, Steen Jakobsen."

Is it possible that GS is front running?

https://www.tradingfloor.com/posts/jakobsen-why-nows-the-time-to-short-the-dollar-1465225?utm_source=Trader%20I%20follow%20posts&utm_medium=Mail%20Notification&utm_campaign=TF_email_trader_i_follow_posts

Yes. GS is usually a reverse indicator because they keep slaughtering the muppets by recommending one side while they are preparing to take the opposite side of that trade.

mell says

Yes. GS is usually a reverse indicator because they keep slaughtering the muppets by recommending one side while they are preparing to take the opposite side of that trade.

They seem like real nice fellers, funny how they are so present in the white house all these years.

indigenous says

mell says

Yes. GS is usually a reverse indicator because they keep slaughtering the muppets by recommending one side while they are preparing to take the opposite side of that trade.

They seem like real nice fellers, funny how they are so present in the white house all these years.

Yes - nice fellas, selling AAA to the muppets while shorting the shit out of MBS - perfect posse to run the Fed and the government ;)

indigenous says

Is it possible that GS is front running?

Doubt it. The currency markets are massive. I would think front running would work better with commodities that have low trading volumes.

Strategist says

Doubt it. The currency markets are massive. I would think front running would work better with commodities that have low trading volumes.

Not if it is to their own customers.

What is the best way to short the dollar?

indigenous says

What is the best way to short the dollar?

Futures. Lot's of leverage.

http://www.wikihow.com/Buy-Chinese-Yuan