tag:blogger.com,1999:blog-12333088.post959380387829940613..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on April 1, 2013Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12333088.post-73401708161606553462013-04-03T10:00:02.857-04:002013-04-03T10:00:02.857-04:00Hi Graph1159,
The measurement of the value of the...Hi Graph1159,<br /><br />The measurement of the value of the dollar relative to other currencies is less meaningful than the value in terms of dollar's purchasing power for food, gas or other essentials for life. That has definitely declined overall by a lot since March 2009. Please note that the inflation statistics issued by the government are mostly lies.<br /><br />Moreover, if the stock market has gone up by 121% since March 2009, that means that the dollar has declined by 121% relative to the stock market. Unmistakeably, FED is the primary cause of inflation. It has been, since its inception and the governments have always had vested interest in inflation. The two complement each other to screw the people in order to maintain and enhance their own power.<br /><br /> <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-46635843136906563942013-04-02T17:54:41.143-04:002013-04-02T17:54:41.143-04:00Hi Kishore,
I agree that the Fed's stimulus is...Hi Kishore,<br />I agree that the Fed's stimulus is exaggerating the rallies to some extent. But since March 2009, the Dow is up 121%. The dollar is down by only 5.8% during the same period. In fact, the dollar has been slowly trending higher since mid-2011. If this massive rally in stocks is entirely driven by the Fed, it seems the dollar would be down much, much more.Graph1159https://www.blogger.com/profile/03033052376445519929noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-30598183158537141682013-04-02T10:36:08.753-04:002013-04-02T10:36:08.753-04:00I don't think that rallies fed by the FED care...I don't think that rallies fed by the FED care about the anything, including the Peaks or the Domed House, especially when Bernanke's Printer is causing the peaks. The proof is in the pudding - QEd, despite all the contrary evidence relating to the economy or the banks.<br /><br />But the house of cards is definitely doomed, no if, not but, only phut of the air blast from the bubble!<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-20992912232796888342013-04-02T01:11:44.538-04:002013-04-02T01:11:44.538-04:00Hi Carl,
I think I see yet another nested Three Pe...Hi Carl,<br />I think I see yet another nested Three Peaks Domed House on the Dow hourly chart. The three peaks and drop to point 10 were in February, with point 14 on March 4th. Points 15-20 took place during March 15-25. We should be headed for Point 23 now.Graph1159https://www.blogger.com/profile/03033052376445519929noreply@blogger.com