Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain About 1%
By: Chris Mullen, Gold Seeker Report

Northern Vertex Files Preliminary Economic Assessment Report for the Moss Gold Mine in NW Arizona
By: Northern Vertex Mining Corp.

Does The CoT Structure Prohibit A Rally?
By: Craig Hemke

Harry Dent’s Gold Prediction Invalidated
By: Przemyslaw Radomski, CFA

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea
By: Steve St. Angelo

The Bitcoin Bubble Explained in 4 Charts
By: Jake Weber

VXX Sends an Awesome Message from Another Galaxy
By: Rick Ackerman

Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust
By: GoldCore

Asian Metals Market Update: November-22-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report

 
Search

GoldSeek Web

 
The Problem Country That’s Bigger Than Greece, Spain, Italy and France Combined


 -- Published: Thursday, 12 February 2015 | Print  | Disqus 

By Graham Summers

 

The financial world focuses far too much on stocks.

 

Today, the market is roaring higher… for no real reason. Nothing substantial has come out of the EU talks with Greece. And the world has much bigger problems to deal with than Greece.

 

The US Dollar carry trade is over $9 trillion in size.

 

This means that over $9 trillion has been borrowed (in US Dollars) and plunged into various asset classes and investment projects around the world.

 

Greece’s GDP is $241 billion in size. Even if you add in the economies Spain, Italy, AND France, the US DOLLAR CARRY TRADE IS LARGER.

 

Again, if the US carry trade was a single country it’d be bigger than Greece, Spain, Italy, AND France combined.

 

When you BORROW in US Dollars you are effectively SHORTING the US Dollar. So when the US Dollar rallies… you have to cover your SHORT or you blow up.

 

And the US Dollar is rallying… HARD.

 

 

This move took out an entire industry (oil shale). That was just the beginning. Anyone who has borrowed in US Dollars to finance an investment or project and didn’t hedge their currency risk is blowing up.

 

This is just the start of a multi-year bull market in the US Dollar. The US Dollar has broken out of a massive falling wedge pattern going back to the early ‘80s.

 

 

 

No one will be safe from this. Commodities, emerging markets, all of them are at risk of severe collapses in asset prices. We are talking about a financial trade that is larger than the economies of Spain, Italy, Greece and France combined… blowing up.

 

Just like 2008.

 

If you’ve yet to take action to prepare for the second round of the financial crisis, we offer a FREE investment report Financial Crisis "Round Two" Survival Guide that outlines easy, simple to follow strategies you can use to not only protect your portfolio from a market downturn, but actually produce profits.

 

You can pick up a FREE copy at:

http://www.phoenixcapitalmarketing.com/roundtwo.html

 

Best Regards

Phoenix Capital Research


| Digg This Article
 -- Published: Thursday, 12 February 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.