USD
PETER SCHIFF VS JEFF SNIDER!THIS POST WILL HELP YOU UNDERSTAND THE COMPETING VIEW POINTS ON THE FUTURE PERFORMANCE OF THE U.S. DOLLAR RELATIVE TO OTHER CURRENCIES!
JEFF SNIDER'S POSITION ON THE DOLLAR:
THE U.S. DOLLAR IS STRONG BECAUSE OF A SHORTAGE OF DOLLARS WORLDWIDE TO CONDUCT GLOBAL TRADE IN, DUE TO THE FED'S INABILITY TO TRULY SATISFY DEMAND FOR U$Ds, AND WILL CONTINUE TO STRENGTHEN AS LONG AS FOREIGN CURRENCIES ARE SOLD TO BUY U$Ds.
PETER SCHIFF'S POSITION ON THE DOLLAR:
THE U.S. DOLLAR IS STRONG BECAUSE OF AN IRRATIONAL FAITH IN THE U.S. ECONOMY BY FOREIGNERS AND THE WILLINGNESS OF PRODUCTIVE ECONOMIES WORLDWIDE TO USE AND ACCEPT PRINTED U.S. DOLLARS IN GLOBAL TRADE, SUBSIDIZING THE CONSUMPTION AND TRADE DEFICIT OF THE U.S.
JEFF SNIDER'S POSITION ON U.S. TREASURIES:
THE U.S. GOVERNMENT BOND MARKET HAS BEEN BID HIGHER FOR DECADES AS U.S. TREASURIES PROVIDE THE SAFEST SOURCE OF U$Ds AND ARE THE MOST ACCEPTED FORM OF COLLATERAL FOR U$D LEVERAGE. IF U$D LIQUIDITY BECOMES CONSTRAINED ENOUGH WORLDWIDE, A SELL-OFF IN THE GLOBAL U.S. TREASURY MARKET CAN OCCUR AS THEY ARE SOLD FOR THE IMMEDIATELY NEEDED U$Ds, RAISING INTEREST RATES THROUGHOUT THE FINANCIAL SYSTEM AND THE ECONOMY.
PETER SCHFF'S POSITION ON U.S. TREASURIES:
THE FEDERAL RESERVE'S ARTIFICIAL SUPPRESSION OF INTEREST RATES SINCE THE 1990's THROUGH QE , COUPLED WITH THE USE OF U$Ds IN GLOBAL TRADE AND THE IRRATIONAL FAITH BY FOREIGNERS THAT THE FEDERAL RESERVE COULD SHRINK ITS BALANCE SHEET AND NORMALIZE INTEREST RATES HAS LED TO FOREIGN CAPITAL BIDDING UP THE PRICE OF U.S. GOVERNMENT BONDS. ONCE THAT FAITH IN THE DOLLAR'S SCARCITY IS DIMINISHED AND PRODUCTIVE ECONOMIES WORLDWIDE REFUSE TO HOLD/ACCEPT U$Ds AND SUBSIDIZE AMERICAN CONSUMPTION, U.S. TREASURIES WILL BE SOLD-OFF, RAISING INTEREST RATES THROUGHOUT THE FINANCIAL SYSTEM AND THE ECONOMY.
JEFF SNIDER'S VIEW ON THE FUTURE OF THE DOLLAR:
AS LONG AS THE FEDERAL RESERVE FAILS TO ADDRESS THE COMPLEX NEED FOR U$Ds AND AS LONG AS THE U$D REMAINS THE WORLD RESERVE CURRENCY, DEMAND WILL OUTPACE SUPPLY, AND THE U$D WILL CONTINUE TO STRENGTHEN AGAINST OTHER CURRENCIES UNTIL A CULMINATION OF DEFAULTS AND RESTRUCTURING RAVAGES THE COUNTRIES WITH THE MOST SEVERE LACK OF U$Ds, SENDING THE U$D SKY HIGH, LEADING TO AN ABANDONMENT OF THE U$D AS WORLD RESERVE CURRENCY.
PETER SCHIFF'S VIEW ON THE FUTURE OF THE DOLLAR:
ONCE PRODUCTIVE COUNTRIES WORLDWIDE BECOME DISILLUSIONED WITH THE AMOUNT OF EASILY CREATED U$Ds CHASING PRICES, THE APPETITE TO ACCEPT THOSE U$Ds IN EXCHANGE FOR GOODS/SERVICES AT CURRENT PRICES WILL DIMINISH, ALONG WITH THE DESIRE TO HOLD U$Ds, U.S. ASSETS AND U.S. TREASURIES. ONCE U$Ds AND U$Ds OBTAINED THROUGH THE SALE OF U.S. ASSETS AND U.S. TREASURIES ARE SOLD FOR OTHER CURRENCIES, THE U$D WILL WEAKEN SIGNIFICANTLY, FURTHER INCREASING THE PRICES OF IMPORTED GOODS/SERVICES, SENDING THE U$D INTO AN INFLATIONARY SPIRAL, MARKING ITS END AS THE WORLD RESERVE CURRENCY. IN THIS CASE, IF THE FEDERAL RESERVE MONETIZED THE SOLD U.S. TREASURIES TO PREVENT INTEREST RATES FROM RISING, THIS COULD EASILY LEAD TO HYPERINFLATION.
-THE NOTES ON THE CHART REFLECT KEY EVENTS THAT MARKED THE PEAK IN THE U$D's EXCHANGE RATE VS OTHER CURRENCIES
US 30 Short at 32 with SL 34.50We are doing Analysis of US30 on 1 Hour Timeframe.
The projected target from the breakout is usually the vertical distance from the high to the bottom .
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thankyou
Ankur Verma
Twitter : Ankurverma3838
Zinc Mcx Short at 154.5 with SL 157.3We are doing Analysis of ZINC MCX on 1 Hour Timeframe.
The projected target from the breakout is usually the vertical distance from the high to the bottom .
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thankyou
Ankur Verma
Twitter : Ankurverma3838
SILVER (XAGUSD) Key Levels
a lot of questions about silver!
currently, I don't have any active positions.
I have alerts placed on key levels, I will look at the reaction of the market to the underlined levels on the lower timeframe.
here are the key levels:
16.7 is our current strong support
17.55 is our current resistance (due to a strong bullish rally it can just easily be broken, so don't jump in aggressively)
18.55 is resistance 2
19.55 is resistance 3
trade key levels only with a confirmation.
let me know if you want to see more structure analysis!
EURUSD: Two Months Of Consolidation!
EURUSD is stuck within a wide indecision range since 1st of April.
if you want to know where the pair will go next, the only way to clarify it is to wait for a daily breakout.
daily candle close will show the future direction of the pair.
for now we are stuck within:
1.1 is your resistance
1.078 is your support!
GOLD (XAUUSD) Key HISTORICAL Level AHEAD!
hey guys,
bullish rally continues on gold.
the next goal for buyers is 1775 - 1802 resistance area.
it is a historical structure zone based on 2012's market highs and 2011's key resistance.
be prepared for a pullback based on the underlined structure.
also, remember that if you missed this bullish movement,
it is too risky and too late to jump in.
be patient and wait for a pullback for a safe entry.
good luck!
GBPUSDHI Traders,
Last week FX:GBPUSD had a trend line break out and it went in our direction. for more info u can check out my last week analysis i have linked it as well.
There two possibilities right now trend line 1.26307 acting as resistance and trend line 1.21998 acting as support. Market is ranging in between these two trend lines.
Scenario one:
Gu could test its resistance trend line 1.26307
Scenario two:
wait for break out then our target is at 1.21998
Bouncing around the 61.8 before another move to the upside.After a 17% drop over the weekend we now are back in a nice consolidation zone.
this level is right on our 61.8 fib level,
it also lines up with previous structure before we seen a move to 10k.
Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up.
I am seeing a lot of these candles in this zone which have wicks to the downside.
That indicates buying pressure. I will be looking for longs off the trend.
Trend bias still telling us we are bearing for the minute
XBT/BTC 4hr