Not much so far, due to the huge overhang of debt that exists in the US, which is acting as a strong deflationary force, as indebted consumers and businesses strive to de-leverage. Anyway, it's not just the quantity of currency that counts, but also ...

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There is no additional debt burden from a central bank embarking on QE, as the funds used to purchase the bonds are electronically created from thin air. Therefore, QE has a positive effect on the existing debt burden of that particular country, as ...

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I'm very sorry to hear of the terrible news, Sinner. Although we've never "spoken" on this thread, I always check in regularly to read the analysis and thoughts of yourself and the other regulars. Give yourself plenty of time to deal with, and ...

GU, GJ and EU Analysis Thread

Good w/e, GM!

Cable Update (GBPUSD)

Very true, Doc. Although from what I've witnessed of Pawpaw on this forum, he is a young (23 is young in my eyes) man with obvious depth of character, who demonstrates a great deal of humility in his dealings with others. I think he has the ability, ...

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Oh shit, what have I done. I have mistakingly opened the pandora's box of retail conspiracy theorists. I'm out of here

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I can't think further out than a few days, mate, let alone to 2017. My mind can't handle something like that! Good luck to you.

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I'll meet you back here in 10 years time, when we'll see who's correct. If I'm right, you pay me 10,000 dollars and if you're right, I'll pay you 10,000 bancors. Cheers

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I don't know, a long DEM/GRD trade would be a nice one to jump on.... The trouble is, there'd still be loads in here spending their days picking tops.

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There exists a iron-clad will that this experiment simply has to work. Not that this desire alone will be enough to prop up the currency union indefinitely, should the structural problems not be addressed. If the euro was to fail, then the whole ...

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About time on the latter point, I think. There has to be some form of centrally enforced fiscal discipline for the euro to have any sort of long-term future, let alone for it to become a viable reserve alternative to the dollar. It's a difficult ...

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Not the amero or is that in the future?

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There are reports that DB are to raise EUR 9bn through a share sale/rights issue. Think this caused recent dip in equities, as investors questions whether this will be the first of many such raising of funds from eurozone banks.

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Hey GM, Yields on US Treasuries, the 2y-30y portion of the curve, are etching up (benchmark 10y is up 4bps on the day), which, with all things being equal, supports the relative attractiveness of the dollar. However, I would've expected more of a ...

Cable Update (GBPUSD)

Not true over the short-term, as a significant amount of the $1.5 trillion per day that is traded on the OTC spot market is made up of the algo-driven flows from hedge funds and the trading desks of the major banks. These transactions are driven by ...

James16 is not credible

You would say that. "They" have clearly got to you! That's what "they" want you to believe! Next thing you'll be telling me that Glenn Beck isn't a credible source!

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But that's because there are far more videos on You Tube about the dollar's collapse than the major structural problems facing the periphery countries of the EZ. Also, the theories backing the collapse of the greenback contain exciting stuff such as ...

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No fighting here, Grashid, just a healthy debate. Purely killing time until the new hunting season starts tomorrow! Hope you're well.

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That's one thing for sure: Time will tell. None of us can predict these things with any degree of certainty, as there are just too many variables. I shall continue to enjoy the contributions of yourself and Pawpaw, though, as both of you come across ...

Cable Update (GBPUSD)