dollar collapse and housing prices?

[Chris Scoreboard Johnston]

It appears PeterB and I agree on quite a few things. I am not sure if you are a trader or not but you certainly seem to have a good grasp on several things related to the markets.

My research on the dollar shows that it should move higher for several years. There is a 16 yr cycle low that was due earlier this year that hit right on schedule, and now we are moving up according to what should be happening. If this pattern holds true we should have an 8 yr run in the Dollar upward. I especially like this pattern because it is oppposite of what the majority of people think, hence likely to be valid. I also like what it forecasts for Gold, much lower prices. I shorted Gold last week in line with what I posted here that I was looking to sell the short term rally. I already took the money because it was so much so fast I could not help myself. There should be selling opportunities in Gold and Buys in the Dollar for quite some time.

What the world waits for will never happen, and I think this is true for both of these markets at this juncture. 8 years up seems like alot, but until this pattern which is working perfectly in it’s early stages falters, that is going to be my view. I am really hoping for some short term dollar weakness to get aggressively long.

I really have no idea about the economics of these views, economists are notoriously poor traders. However, if we are Japan from the 80’s ( where I think we are ) this would all make sense on an econmics level.

I did a comprehensive study of Gold and how it reacted historically to stock market declines in my newsletter many months ago, which conclusively shows no relationship either way between GOLD and stock market declines. It is not a safe haven, do not get suckered into that story, it is a ruse to sell coins. It’s relationship is with inflation not stock prices.

For the record I am not hawking the newsletter, I do not do it anymore, I got tired of the hassle of writing it.

[peterb]

Yes, Chris, I tend to share your view of the US$. It seems to be working out exactly as it should and the fact that so many people are so sure that it should collapse, gives me support as well. Mainly since their logic lacks any real foundation except recent history when the US$ was driven down for 4 years.
I think that gold will probably get a bit cheaper, but it is not behaving like a commodity right now, but more like money. Compared to the CRB, gold has done very well. And, this is close to it’s behavior from 1929 to 1932. So, from a relative strength view, it’s hanging in there fairly well. Technically, I think it’s supported in the mid $600’s, which we may see here soon. But given the markets instability, it may not stay there too long if it does indeed touch it again. I hold the view that this is not a run-of-the-mill recession. And gold was beaten down in those scenarios types…as early 80’s and 90’s it did decline. But nonetheless, I think the US$ is the smart play here for quite a while. I have a little physical gold, but that’s mostly my personal paranoia. Not logic.
If anyone were to seek my advice for investments in the next year, I would tell them get long US$ and hold on to them!! Bargains await those with cash and patience in the coming years.

[peterb]

Yes, Chris, I tend to share your view of the US$. It seems to be working out exactly as it should and the fact that so many people are so sure that it should collapse, gives me support as well. Mainly since their logic lacks any real foundation except recent history when the US$ was driven down for 4 years.
I think that gold will probably get a bit cheaper, but it is not behaving like a commodity right now, but more like money. Compared to the CRB, gold has done very well. And, this is close to it’s behavior from 1929 to 1932. So, from a relative strength view, it’s hanging in there fairly well. Technically, I think it’s supported in the mid $600’s, which we may see here soon. But given the markets instability, it may not stay there too long if it does indeed touch it again. I hold the view that this is not a run-of-the-mill recession. And gold was beaten down in those scenarios types…as early 80’s and 90’s it did decline. But nonetheless, I think the US$ is the smart play here for quite a while. I have a little physical gold, but that’s mostly my personal paranoia. Not logic.
If anyone were to seek my advice for investments in the next year, I would tell them get long US$ and hold on to them!! Bargains await those with cash and patience in the coming years.

[peterb]

Yes, Chris, I tend to share your view of the US$. It seems to be working out exactly as it should and the fact that so many people are so sure that it should collapse, gives me support as well. Mainly since their logic lacks any real foundation except recent history when the US$ was driven down for 4 years.
I think that gold will probably get a bit cheaper, but it is not behaving like a commodity right now, but more like money. Compared to the CRB, gold has done very well. And, this is close to it’s behavior from 1929 to 1932. So, from a relative strength view, it’s hanging in there fairly well. Technically, I think it’s supported in the mid $600’s, which we may see here soon. But given the markets instability, it may not stay there too long if it does indeed touch it again. I hold the view that this is not a run-of-the-mill recession. And gold was beaten down in those scenarios types…as early 80’s and 90’s it did decline. But nonetheless, I think the US$ is the smart play here for quite a while. I have a little physical gold, but that’s mostly my personal paranoia. Not logic.
If anyone were to seek my advice for investments in the next year, I would tell them get long US$ and hold on to them!! Bargains await those with cash and patience in the coming years.

[peterb]

Yes, Chris, I tend to share your view of the US$. It seems to be working out exactly as it should and the fact that so many people are so sure that it should collapse, gives me support as well. Mainly since their logic lacks any real foundation except recent history when the US$ was driven down for 4 years.
I think that gold will probably get a bit cheaper, but it is not behaving like a commodity right now, but more like money. Compared to the CRB, gold has done very well. And, this is close to it’s behavior from 1929 to 1932. So, from a relative strength view, it’s hanging in there fairly well. Technically, I think it’s supported in the mid $600’s, which we may see here soon. But given the markets instability, it may not stay there too long if it does indeed touch it again. I hold the view that this is not a run-of-the-mill recession. And gold was beaten down in those scenarios types…as early 80’s and 90’s it did decline. But nonetheless, I think the US$ is the smart play here for quite a while. I have a little physical gold, but that’s mostly my personal paranoia. Not logic.
If anyone were to seek my advice for investments in the next year, I would tell them get long US$ and hold on to them!! Bargains await those with cash and patience in the coming years.

[peterb]

Yes, Chris, I tend to share your view of the US$. It seems to be working out exactly as it should and the fact that so many people are so sure that it should collapse, gives me support as well. Mainly since their logic lacks any real foundation except recent history when the US$ was driven down for 4 years.
I think that gold will probably get a bit cheaper, but it is not behaving like a commodity right now, but more like money. Compared to the CRB, gold has done very well. And, this is close to it’s behavior from 1929 to 1932. So, from a relative strength view, it’s hanging in there fairly well. Technically, I think it’s supported in the mid $600’s, which we may see here soon. But given the markets instability, it may not stay there too long if it does indeed touch it again. I hold the view that this is not a run-of-the-mill recession. And gold was beaten down in those scenarios types…as early 80’s and 90’s it did decline. But nonetheless, I think the US$ is the smart play here for quite a while. I have a little physical gold, but that’s mostly my personal paranoia. Not logic.
If anyone were to seek my advice for investments in the next year, I would tell them get long US$ and hold on to them!! Bargains await those with cash and patience in the coming years.

[kewp]

Well, we should keep in mind that a strong dollar means our debt is harder to pay back.

[kewp]

Well, we should keep in mind that a strong dollar means our debt is harder to pay back.

[kewp]

Well, we should keep in mind that a strong dollar means our debt is harder to pay back.

[kewp]

Well, we should keep in mind that a strong dollar means our debt is harder to pay back.

[kewp]

Well, we should keep in mind that a strong dollar means our debt is harder to pay back.

[scaredyclassic]

so it’s logical for a dude who believes housing will fall or remain flat for a few more years who is planning to buy a house to just save cas, even if the dollar somehow catclysmically fall, house prices are still basically going to stay the same?

[scaredyclassic]

so it’s logical for a dude who believes housing will fall or remain flat for a few more years who is planning to buy a house to just save cas, even if the dollar somehow catclysmically fall, house prices are still basically going to stay the same?

[scaredyclassic]

so it’s logical for a dude who believes housing will fall or remain flat for a few more years who is planning to buy a house to just save cas, even if the dollar somehow catclysmically fall, house prices are still basically going to stay the same?

[scaredyclassic]

so it’s logical for a dude who believes housing will fall or remain flat for a few more years who is planning to buy a house to just save cas, even if the dollar somehow catclysmically fall, house prices are still basically going to stay the same?

[Author]

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