From the category archives:
Dollar’s fall last week is exactly what I’ve been warning about. Bear market in dollar is NOT over. See this article from Bloomberg. — Larry
Dollar Staggers as U.S. Unleashes Cash Flood, Deficit (Update2)
Dec. 15 (Bloomberg) — The biggest foreign-exchange strategists and investors say the best may be over for the dollar after a [...]
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Richard Russell, who lived through the Great Depression, writes the following in the November 26 issue of his newsletter, “Dow Theory Letters” …
‘… if the government wants to inflate in a time of deflation, and the dollar’s viability is under attack, the government could back the dollar with gold. The government could unilaterally raise the [...]
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Gold demand is exploding higher … shouldn’t be a surprise. – Larry
RECORD DOLLAR DEMAND FOR GOLD AS WORLD LOOKS FOR HAVEN FROM TURMOIL
November 19, 2008 (WORLD GOLD COUNCIL) — Dollar demand for gold reached an all time quarterly record of US$32bn in the third quarter of 2008 as investors around the world sought refuge from [...]
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The top question I’ve been getting from subscribers these days is about what’s going on with gold and whether or not its bull market is over. My answer? No way, no how!
Any pullbacks in the precious yellow metal, no matter how bearish they may appear, are opportunities to buy! The basis for that view [...]
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Right now I’m on a tour through Asia and judging by what I’m seeing here, there are very few signs of a slowdown!
I am seeing the same vibrant economies wherever I go. In Macau … in Hong Kong … in Thailand (despite yet another government coup) … and in the mother of all Asian [...]
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Looks like my forecast is still right on the money — producer prices the highest in 27 years. Once that feeds through to the consumer, the conservative, manipulated CPI will have no choice but to bust through to record highs as well. — Larry Producer Price Index Jumps 1.2%; Housing Starts Reverse June Rise [...]
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Yesterday the International Energy Agency (IEA) raised its forecast for global oil demand in 2009 and said it expected Chinese oil consumption to increase after the Olympics. Chinese demand “will likely rebound” with the lifting of measures to curb pollution during the Olympics, it said.
Chinese oil demand is expected to increase 5.7% next [...]
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This report below shouldn’t be surprising. All signs point to another leg up in China’s economy. If you purchased the recommended FXI, hold for big gains!
(U.S. News & World Report) ― The Washington Post reports, “Car ownership in China is exploding, and it’s not only cars but also sport-utility vehicles, pickup trucks and other [...]
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The sharp pullback we’re seeing in commodities has many investors wondering if the boom in natural resources has ended. My answer: Absolutely not! This correction was way overdue. It’s healthy and is more bullish than bearish. Commodities have soared for months on end without a decent retracement and shakeout. So, any pullback is unequivocally normal.
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Seems like my sources in Asia are right on the money. Check this out …
China crude imports leap 25 pct, fastest in 10 mths Reuters, Wednesday, June 11 2008
BEIJING, June 11 (Reuters) - China’s crude oil imports leapt by 25 percent in May to their second-highest ever, reversing a rare fall the month before [...]
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