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I’m taking a victory lap on the dollar.

Summary:
I said the dollar's rally last year was a rally in a bear market. It was. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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I said the dollar's rally last year was a rally in a bear market. It was.

Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286



Mike Norman Twitter

https://twitter.com/mikenorman
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

19 comments

  1. Mike get some sun!

  2. $ decline vs what exactly? Fed has been buying Euro & Yen to push it up and still 20 Pesos to 1 $US US$ still the king!

  3. When will mortgage rates go up?

  4. So, all else equal…. how much more of an increase in QE on the long end of the curve would change your USD framework?

  5. You obviously know nothing about the Eurodollar system and that QE is nothing more than increasing bank reserves. So don't boast fundamentals when you aren't even aware what they are. Do yourself a favor and watch Jeff Snider.

    • @Silviu Preoteasa you are boring me. Your poor wife must be so dissatisfied. Instead of trying to find a position in this conversation, see if you can find her G-spot.

    • @Bob G it's because you moved from attacking Mike's ideas to some low quality ad persona. It's okay to be gross if it helps you carry the argument, but as amusing as I find you there is no way to discuss QE without your tiny organs getting in the way.

    • @Silviu Preoteasa talking about a women's G-spot is gross???? Again my condolences to your wife. She must fantasize about the mailman.

    • @Bob G ???? sorry old dog, you win… I can't find insults low enough for you to grasp, will let you have the last word to add a little bit of joy to your day

    • @Silviu Preoteasa I understand the intention behind your insults but much like your ability to get your wife off, they lack effectiness. Nothing you do will better my day as I am an Adonis and get TNA on a regular basis. Hears an idea, both you and your wife go beyond mask wearing and try paper bags, that way both your visual grotesqueness can be circumvented. However, the stench may still prove too much for either of you to bare.

  6. There's nothing official about Biden winning the presidency until Jan 6 when the electors are presented to Congress. A Biden inauguration is not a done deal. Trump still has known legal outs but the one we all need to be scared of is the Insurrection and Militias Acts which provide the necessary legal rubric for martial law. Absent that, I don't think Trump has the nerve or ability for such and this country is on the road to a true civil war this spring and summer.

  7. I agreed with you and have been making dosh! Thanks Mike.

  8. Mike, Russian Ruble also goes down despite high rates

  9. Sir Michael Norman, you are correct about the USD-dollar index, and always have been. I also remember you called for the DXY to go to 70 !!! – a 30% decline from the 100 level- and I think you
    will be CORRECT on that call too. By the way I am long AUY and long FRES. So I am concentrated on silver !!! with a gold lining…

  10. Mike is raising the price every day. No thanks.

  11. I raise my whiskey glass to you, good call, all of us Gold Bugs will sleep good tonite!

  12. New President lmao !! No way Joe gets near the White House!! Bank on that , bank on gold and Silver too. 🙂

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