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Bill Gross, founder of Pimco, talks to Barron’s Michael Santoli at the Roundtable conference on the improving economic outlook for 2011. Problems loom with the declining dollar, government debt and high unemployment. Source: Market Watch, January 22, 2011.
In this video clip Richard Duncan, author of “The Dollar Crisis: Causes, Consequences, Cures” and “The Corruption Of Capitalism: A strategy to rebalance the global economy and restore sustainable growth”, suggests some concrete steps that he believes the U.S. must take in order to steady the ship and pave the way for future sustainable growth. He is in discussion with Mike Maloney, precious metals investment advisor. [Parts 2 and 3 of the interview follow later.] Source: YouTube, January 18, 2011 (hat tip: Gold & Silver).  By Prieur du Plessis, on January 11th, 2011 posted in: Bonds, Dollar  2 people had their say - chime in!
David Rosenberg, Chief Economist and Strategist of Gluskin Sheff & Partners, explains why he is bullish on the American greenback and doesn’t believe in a bond bubble. Click here or on the image below to view the video clip.
Source: The Globe and Mail, January 10, 2011. While we have Rosie on the line, the former Chief Economist of Merrill Lynch was notoriously bearish during the surge in housing after 2004 and all the way through to the credit crisis and market crash. According to Barry Ritholtz (The Big Picture), this is what David famously said: “There was a huge price to be paid for being bearish when there was a bull on your business card, trust me on that one.”
More on this topic (What's this?) The Death of the Dollar (Learn Mining News, 4/26/12) Will the Dollar Be Replaced As a Reserve Currency? (Investment U, 5/3/12) USD Rally Continues (Jutia Group, 5/9/12)
Gold is far from an over-owned trade and will eventually rally exponentially, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC. He said: “I think not owning gold is a form of insanity. It may even show unhealthy masochistic tendencies which might need medical attention.” Source: CNBC, January 10, 2011.
“Markets are in a risk-off mode, and the US dollar usually rallies in these circumstances,” Robin Griffiths, technical strategist at Cazenove Capital, told CNBC. He added that “the Aussie dollar has to go quite a bit lower against the greenback.” Source: CNBC, August 23, 2010. 
In this video clip, Robert Prechter of Elliot Wave International talks with Bloomberg’s Pimm Fox about the outlook for the U.S. stock market and dollar. Source: Bloomberg, August 11, 2010. |
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