Tag Archives: dollar

From Nomi Prins: China, Russia and the Dollar

(If you can’t view the Youtube below, you might be able to view here instead, h/t James)

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IMF devalues the dollar inside SDR basket

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maxmix comes in a 4:12

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“Excessive, permanent money creation in my opinion is an indirect manipulation of an exchange rate”

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The Dollar is Doomed

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Dollar Gains, So Does Earl

Stacy Summary: Will continue putting a few headlines here over the course of the day, but here’s what I’m looking at right now.

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Keiser: ‘US financial elite destroy the dollar’

Stacy Summary: Max Keiser: ‘US financial elite destroy the dollar’

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Ditch the Dollar! Its demise is months away!!

Stacy Summary: A number of states, including Russia and China, have repeatedly called for a new reserve currency system. The UN has now suggested using a basket of currencies for this purpose. London-based markets strategist Nick Parsons believes it’s only a matter of months before the dollar will start to go down.

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New UN Report Urges World to Ditch US Dollar as Reserve Currency

Stacy Summary: UN report urges ditching dollar as reserve currency and replacing with something like SDR, with no gold included in basket. Here is the full report, still reading it but they seem to slam globalization as well in section 5.

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Heidi Moore: Russian ‘spies, goldbugs and the struggling dollar

Stacy Summary: Currency wars?

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Gold At All Time Highs

Stacy Summary:  In the words of @Mike/Liverpool . . . gold is getting killed!!!

From MaxKeiser.com Images

In the meantime, the dollar is also relatively strong.

From MaxKeiser.com Images

**UPDATE**: And UK pound sterling diving.

From MaxKeiser.com Images
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Dollar Jibber Jabber

Stacy Summary:  Phase two starting to pick up?  Turmoil coming from Dubai, Germany & Greece1 month treasuries at 0.000%!

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Dubai: credit crisis enters new phase

Stacy Summary:  Max did say that the credit crisis has entered phase 2 in the last news appearance, here is Merk saying the same . . .

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Dollar spikes, trades cancelled at global roulette wheel

Stacy Summary:  Thanks to @A New Era Begins for linking to this.  I suspect this is part of the whole dollar carry trade, speculative casino crazy global ‘financial system’ (sic) we have.

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