Falling US Dollar Is Lack of Demand Not Rising Supply

Many students of the Austrian School such as Ron Paul and Peter Schiff will lead you to believe that the falling U.S. Dollar is due to their definition of "inflation". (i.e. Adding to the Money Supply) Mark Dow of Pharo Management who manages $2 Billion in assets and is a former staff economist at the IMF and Treasury explains why broken clocks like Ron Paul and Peter Schiff sometimes tell the right time, but are right for the wrong reasons.

Category:

News & Politics

Tags:

• Peter
• Schiff
• Dollar
• Collapse
• Mark
• Dow
• Pharo
• Ron
• Paul
• gold

[edschaeffer]

@pntrain5 - I completely agree. But wait 5 years it'll be below $700 or lower. fool.com/investing/etf/2010/11­/02/warning-gold-could-drop-be­low-500.aspx

[pntrain5]

@edschaeffer How do you feel about gold now. Turned out the FEDS was printing money like there's not tomorrow. Gold now at 1350. Wait a year, it'll be over 1500.

[ubuibiok]

BS, the FED is not Printing Money, there just adding Zero's to Balance Sheets.

The Falling US Dollar is just a betting Game that the 2 big to fails are playing, each day is just a new day at the Track .

[edschaeffer]

watch?v=2P_Yq1AIDjM

[PrudenceWright]

no, the CFR is not hidden.

[freemarket11]

I'm just talking facts here, the government has changed the way they calculate the jobs report twice I believe since the early 80's, msm even reports on this now.

Look at John Williams, shadow stats site, he calculates all data according to previous calculations. We are at twice what the government is reporting. Gold isn't moved in price by the middle class, and either are stock prices. I'm sure you know that.

[edschaeffer]

YES, I really do believe that jobs report. You can still be skeptical of government and not completely think the whole thing is a farce.

Jeweler's earnings are dismal. That's one way you can tell gold is inflated. Other high end retailers like Saks Fifth Ave, Williams-Sonoma, Helen of Troy are doing just fine and their stock keeps rising. This is obvious that in this market, there seems to be no middle class. If no one is buying gold for real reasons, it will crash.

[freemarket11]

The IMF is ruthless, have you seen what they do to countries they "help"?

[freemarket11]

Do YOU really believe that jobs report? or any of these government numbers anymore? Even the MSM is having a hard time cheering govn't numbers any longer - LMAO!

What's funny is watching day to day market fluctuations. A $66 drop after a $250 rise? Come on, in recent years gold dropped back to $750 after a rise to $1050, and later retraced to over $1200. This is a healthy market setting higher highs and higher lows.

[freemarket11]

How can gold be priced out of the market? The market sets the price the last I knew. If I were you I would think about researching a bit more, away from the MSM propoganda otherwise you're going to be continually guessing and mislead.