Currencies – Page 5 – The Wall Street Examiner

War On Currencies Continues: Fed Remodels Building Facade

AGs Nightmare Take My Stock Please October 24, 2010

Over the weekend the G20 members met to discuss who will be the first to totally destroy their nations currency. When it appeared talks came to a halt about who sucked the most, Federal Reserve messenger boy, Timmy Geithner left Korea to begin preparat…

Fear of PM heights?

a Wall Street Examiner Other Guys October 7, 2010

My trading PMs are long gone. Anyone else considering selling some core PMs here?

As always, problem is determining an alternative that is less shaky. Votes on alternatives? Foreign utility stocks, currencies, or companies with a div growth histo…

Dollar is in crash mode on French consumer sentiment

a Wall Street Examiner Other Guys September 29, 2010

French Sept consumer confidence rises to -35. Up from revised -38 in July (previous -39). EUR/USD pops above 1.3600, presently at 1.3605

http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m5

Get Ready for the Coming Bond Market Bloodbath

Janet Yellen has now confirmed that the Treasury will run out of money in October, as we already knew from our tracking of the data. Congress will be forced to raise the debt ceiling. Treasury supply will mushroom at the same time as the Fed begins to cut its market support operations. The RRP slush fund will affect the timing of the coming disaster. But we know its coming and we have a good idea of when.

Meanwhile the BLS has fomented a completely false picture of inflation. I explain that in this report. It’s blatant.

Constructive Signs for Gold Digging

The cycle picture is hazy. The table at left (subscriber version) is my best guess. A short term low is due, but at a lower projection. The would-be 13-17 week cycle up phase has gone nowhere, despite a new projection that points higher. If it doesn’t get out of this range soon, it would suggest the possibility of a wicked down phase ahead. If the price holds above the May-August downtrend line as shown on this chart (subscriber version), that would be constructive

Lots of Sell Signals Again From Friday’s Swing Trade Screen

Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.

Nothing Has Happened Yet

From a time perspective, the 10-12 month cycle ideally should be in a top phase. But it surpassed its last cycle projection of 4440 so it is probably in trending mode. Both the 6 month cycle and the 13 week cycles appear to be trending.

Useless Banking Indicators Except for One Giant Red Flag

I started to wonder how the banking indicators were looking lately. I’ve looked at the charts this morning. In updating this for you, I’ve again attempted to minimize the verbiage here. The charts are bad enough.