Guest guest Posted September 25, 2009 Report Share Posted September 25, 2009 Hello dear list members, Here are some thoughts on the dollar - and what has been predicted for this time. Friday, September 25, 2009 Dollar down the tubes? During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer.blogspot.com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted September 27, 2009 Report Share Posted September 27, 2009 World Bank says don't take dollar's place for granted September 27, 2009 - 2 hrs 15 mins ago WASHINGTON (Reuters) – World Bank President Robert Zoellick said the United States should not take the dollar's status as the world's key reserve currency for granted because other options are emerging. In excerpts released on Sunday from a speech that he is to deliver on Monday, Zoellick said global economic forces were shifting and it was time now to prepare for the fact that growth will come from multiple sources. "The United States would be mistaken to take for granted the dollar's place as the world's predominant reserve currency," he said. "Looking forward, there will increasingly be other options." http://news./s/nm/20090927/bs_nm/us_worldbank_zoellick Cosmologer <cosmologersamva Sent: Friday, September 25, 2009 7:28:49 PM Blog: Dollar down the tubes? Hello dear list members, Here are some thoughts on the dollar - and what has been predicted for this time. Friday, September 25, 2009 Dollar down the tubes? During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer.blogspot.com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 6, 2009 Report Share Posted October 6, 2009 Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html Oil states say no talks on replacing dlr Tuesday October 6, 09:13 AM ISTANBUL/SYDNEY (Reuters) - Big oil producing nations denied on Tuesday a newspaper report that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in trading oil. http://uk.biz./06102009/325/oil-states-say-talks-replacing-dlr.html UN calls for new reserve currency Oct 6 07:17 AM US/Eastern The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the "privilege" of building a huge trade deficit. "Important progress in managing imbalances can be made by reducing the reserve currency country?s 'privilege' to run external deficits in order to provide international liquidity," UN undersecretary-general for economic and social affairs, Sha Zukang, said. http://www.breitbart.com/article.php?id=CNG.e272eaa74dccc30f21c6ff7638b0f37b.461 & show_article=1# Gold hits record high Tue Oct 6, 2009 9:46am EDT LONDON (Reuters) - Gold hit a record high at $1,036.40 an ounce as the dollar dropped on a report, later denied, that Gulf Arab states were considering abandoning the U.S. currency for oil trade. http://www.reuters.com/article/hotStocksNews/idUSTRE59534Z20091006 Thor Cosmologer <cosmologerSAMVA Sent: Sunday, September 27, 2009 8:37:28 PMRe: Blog: Dollar down the tubes? World Bank says don't take dollar's place for granted September 27, 2009 - 2 hrs 15 mins ago WASHINGTON (Reuters) – World Bank President Robert Zoellick said the United States should not take the dollar's status as the world's key reserve currency for granted because other options are emerging. In excerpts released on Sunday from a speech that he is to deliver on Monday, Zoellick said global economic forces were shifting and it was time now to prepare for the fact that growth will come from multiple sources. "The United States would be mistaken to take for granted the dollar's place as the world's predominant reserve currency," he said. "Looking forward, there will increasingly be other options." http://news./s/nm/20090927/bs_nm/us_worldbank_zoellick Cosmologer <cosmologersamva Sent: Friday, September 25, 2009 7:28:49 PM Blog: Dollar down the tubes? Hello dear list members, Here are some thoughts on the dollar - and what has been predicted for this time. Friday, September 25, 2009 Dollar down the tubes? During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer.blogspot.com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 7, 2009 Report Share Posted October 7, 2009  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html Oil states say no talks on replacing dlr Tuesday October 6, 09:13 AM ISTANBUL/SYDNEY (Reuters) - Big oil producing nations denied on Tuesday a newspaper report that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in trading oil. http://uk.biz./06102009/325/oil-states-say-talks-replacing-dlr.html UN calls for new reserve currency Oct 6 07:17 AM US/Eastern The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the "privilege" of building a huge trade deficit. "Important progress in managing imbalances can be made by reducing the reserve currency country?s 'privilege' to run external deficits in order to provide international liquidity," UN undersecretary-general for economic and social affairs, Sha Zukang, said. http://www.breitbart.com/article.php?id=CNG.e272eaa74dccc30f21c6ff7638b0f37b.461 & show_article=1# Gold hits record high Tue Oct 6, 2009 9:46am EDT LONDON (Reuters) - Gold hit a record high at $1,036.40 an ounce as the dollar dropped on a report, later denied, that Gulf Arab states were considering abandoning the U.S. currency for oil trade. http://www.reuters.com/article/hotStocksNews/idUSTRE59534Z20091006 Thor Cosmologer <cosmologer >SAMVA Sent: Sunday, September 27, 2009 8:37:28 PMRe: Blog: Dollar down the tubes? World Bank says don't take dollar's place for granted September 27, 2009 - 2 hrs 15 mins ago WASHINGTON (Reuters) – World Bank President Robert Zoellick said the United States should not take the dollar's status as the world's key reserve currency for granted because other options are emerging. In excerpts released on Sunday from a speech that he is to deliver on Monday, Zoellick said global economic forces were shifting and it was time now to prepare for the fact that growth will come from multiple sources. "The United States would be mistaken to take for granted the dollar's place as the world's predominant reserve currency," he said. "Looking forward, there will increasingly be other options." http://news./s/nm/20090927/bs_nm/us_worldbank_zoellick Cosmologer <cosmologer >samva Sent: Friday, September 25, 2009 7:28:49 PM Blog: Dollar down the tubes? Hello dear list members, Here are some thoughts on the dollar - and what has been predicted for this time. Friday, September 25, 2009 Dollar down the tubes? During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer.blogspot.com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 7, 2009 Report Share Posted October 7, 2009 Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 8, 2009 Report Share Posted October 8, 2009 Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 11, 2009 Report Share Posted October 11, 2009 Hello list, The financial situation in the US is strained as predicted based on the SAMVA USA chart, as exemplified by the poor budgetary situation of the largest state, California: California’s Budget Suffers ‘Major Blow’ as Debt Sales Loom Oct. 9 (Bloomberg) -- California’s revenue collections trailed its forecasts by $1.1 billion during the first three months of the fiscal year, showing new deficits are emerging in the budget Governor Arnold Schwarzenegger signed July 28…“Revenues more than $1 billion under estimates and recent adverse court rulings are dealing a major blow to a budget that is barely 10-weeks old,†Controller John Chiang said in a statement. “While there are encouraging signs that California’s economy is preparing for a comeback, the recession continues to drag state revenues down.†The latest figures show that California is facing resurgent fiscal strains brought on by the U.S. recession. Since February, Schwarzenegger and lawmakers have cut $32 billion from spending, raised taxes by $12.5 billion and covered $6 billion more with accounting gimmicks and borrowing…“Everybody thinks there’s still an appetite for California bonds,†Lockyer said. “There’s certainly a continuing need for long-term investments in schools, high-speed rail, stem-cell research centers and so on.†http://www.bloomberg.com/apps/news?pid=newsarchive & sid=aCqnfmqrY9d8 See also: Astrology of increasing public debt (March 21, 2009)http://cosmologer.blogspot.com/2009/03/astrology-of-increasing-public-debt.html Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 12, 2009 Report Share Posted October 12, 2009 Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 12, 2009 Report Share Posted October 12, 2009 Dollar Reaches Breaking Point as Banks Shift Reserves Oct. 12 (Bloomberg) -- Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades. http://bloomberg.com/apps/news?pid=20601087 & sid=aA6_py_71g_o Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 14, 2009 Report Share Posted October 14, 2009 Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Gold scores record peak above 1,068 dollars Tue Oct 13, 12:59 pm ET LONDON (AFP) – The price of gold forged a record high above 1,068 dollars an ounce here on Tuesday as the dollar sank against the euro. On the London Bullion Market, gold struck 1,068.63 dollars an ounce, which was the highest level ever recorded. Gold's latest pinnacle was recorded after the European single currency climbed as high as 1.4876 dollars, a level which was last seen in August 2008. A struggling greenback makes the precious metal cheaper for investors holding other currencies, thereby boosting demand, analysts said. http://news./s/afp/20091013/ts_afp/commoditiesgoldmetalsprice_20091013170157 Thor Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 4:24:46 PMRe: Blog: Dollar down the tubes? Dollar Reaches Breaking Point as Banks Shift Reserves Oct. 12 (Bloomberg) -- Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades. http://bloomberg.com/apps/news?pid=20601087 & sid=aA6_py_71g_o Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2009 Report Share Posted October 15, 2009 Gold spikes to new record high... Dollar slumps to 14-month low... Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1 Cosmologer <cosmologerSAMVA Sent: Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2009 Report Share Posted October 15, 2009 Hello dear list members, The angst over the US dollar just continues. Such expressions are typical during periods of transit strain. However, when the transit strain (transit station of debilitated Jupiter at 23° 15' Capricorn) involves strong natal positions (2nd lord Sun at 23° 44' Capricorn and 7th house of SAMVA USA chart), little is expected to come off it. Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 7:50:39 AMRe: Blog: Dollar down the tubes? Gold spikes to new record high... Dollar slumps to 14-month low... Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1 Cosmologer <cosmologerSAMVA Sent: Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 15, 2009 Report Share Posted October 15, 2009 Hello list, The influential Alan Greenspan, former Chairman of the US Federal Reserve (central bank), says he is not overly worried about the weak US dollar. He is, however, quite worried about the rise in public debt. This is also in line with earlier predictions based on the SAMVA USA chart for this time. Greenspan Says He’s Not ‘Overly Concerned’ About Dollar’s Drop Oct. 15 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said he’s not “overly concerned†about the recent weakening of the U.S. dollar, saying it has returned to its value from before the financial crisis. “I’m not overly concerned about the most recent decline in the dollar,†Greenspan said today in New York at a forum hosted by the Council on Foreign Relations. At the same time, he expressed concern about the long-term costs to the U.S. from the rising national debt. The increase in federal debt is the “most worrisome aspect of the economic agenda in the United States,†he said. http://www.bloomberg.com/apps/news?pid=20601087 & sid=ai02YskF0RqI Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 9:23:45 AMRe: Blog: Dollar down the tubes? Hello dear list members, The angst over the US dollar just continues. Such expressions are typical during periods of transit strain. However, when the transit strain (transit station of debilitated Jupiter at 23° 15' Capricorn) involves strong natal positions (2nd lord Sun at 23° 44' Capricorn and 7th house of SAMVA USA chart), little is expected to come off it. Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 7:50:39 AMRe: Blog: Dollar down the tubes? Gold spikes to new record high... Dollar slumps to 14-month low... Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1 Cosmologer <cosmologerSAMVA Sent: Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 16, 2009 Report Share Posted October 16, 2009 Another one on dollar.http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8 Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. “The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†On Thu, Oct 15, 2009 at 6:59 AM, Cosmologer <cosmologer wrote:  Hello list,  The influential Alan Greenspan, former Chairman of the US Federal Reserve (central bank), says he is not overly worried about the weak US dollar. He is, however, quite worried about the rise in public debt. This is also in line with earlier predictions based on the SAMVA USA chart for this time.  Greenspan Says He’s Not ‘Overly Concerned’ About Dollar’s Drop Oct. 15 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said he’s not “overly concerned†about the recent weakening of the U.S. dollar, saying it has returned to its value from before the financial crisis.  “I’m not overly concerned about the most recent decline in the dollar,†Greenspan said today in New York at a forum hosted by the Council on Foreign Relations. At the same time, he expressed concern about the long-term costs to the U.S. from the rising national debt. The increase in federal debt is the “most worrisome aspect of the economic agenda in the United States,†he said. http://www.bloomberg.com/apps/news?pid=20601087 & sid=ai02YskF0RqI  Thor   Cosmologer <cosmologerSAMVA Thu, October 15, 2009 9:23:45 AMRe: Blog: Dollar down the tubes? Hello dear list members,  The angst over the US dollar just continues. Such expressions are typical during periods of transit strain. However, when the transit strain (transit station of debilitated Jupiter at 23° 15' Capricorn) involves strong natal positions (2nd lord Sun at 23° 44' Capricorn and 7th house of SAMVA USA chart), little is expected to come off it.  Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8  Thor  Cosmologer <cosmologerSAMVA Thu, October 15, 2009 7:50:39 AMRe: Blog: Dollar down the tubes?  Gold spikes to new record high... Dollar slumps to 14-month low...  Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1   Cosmologer <cosmologerSAMVA Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members,  The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses.  This suggests the coming 10 months or so will not be that easy for the USA.  Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members,  There is a constant stream of articles raising concern about the dollar.  Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1  Thor Cosmologer <cosmologerSAMVA Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list,  Now the international news:  Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/  Thor Cosmologer <cosmologerSAMVA Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list,  Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story  Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html  Thor Sujit <sujitmeledathSAMVA Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor  Once again Gold has picked up due to weakening of dollar.  Kind regards Sujit  - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes?  Hello list members,  I attach four news stories which are perfectly in alignment with what has been predicted for the dollar.  The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable.  To read more: http://cosmologer. blogspot. com/  Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 16, 2009 Report Share Posted October 16, 2009 Hello list members, The volatlity in financial markets is there but the movement is now in opposite direction of what has been going on off late, with stocks dropping and the dollar rising. That said, the stocks are still relatively high while the dollar is low. U.S. Stocks Drop on GE, Bank of America Results, Consumer Data Oct. 16 (Bloomberg) -- U.S. stocks fell, pulling benchmark indexes down from a one-year high, as General Electric Co. and Bank of America Corp. reported disappointing results and a gauge of consumer confidence trailed economists’ estimates. The dollar rose for the first time in five days. http://www.bloomberg.com/apps/news?pid=20601087 & sid=aQktjZEOpUi0 Bank of America loses $2.24B as loan losses rise AP – 1 hr 16 mins ago CHARLOTTE, N.C. – Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing further evidence that consumers are still struggling to pay their bills. http://news./s/ap/20091016/ap_on_bi_ge/us_earns_bank_of_america Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 1:59:05 PMRe: Blog: Dollar down the tubes? Hello list, The influential Alan Greenspan, former Chairman of the US Federal Reserve (central bank), says he is not overly worried about the weak US dollar. He is, however, quite worried about the rise in public debt. This is also in line with earlier predictions based on the SAMVA USA chart for this time. Greenspan Says He’s Not ‘Overly Concerned’ About Dollar’s Drop Oct. 15 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said he’s not “overly concerned†about the recent weakening of the U.S. dollar, saying it has returned to its value from before the financial crisis. “I’m not overly concerned about the most recent decline in the dollar,†Greenspan said today in New York at a forum hosted by the Council on Foreign Relations. At the same time, he expressed concern about the long-term costs to the U.S. from the rising national debt. The increase in federal debt is the “most worrisome aspect of the economic agenda in the United States,†he said. http://www.bloomberg.com/apps/news?pid=20601087 & sid=ai02YskF0RqI Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 9:23:45 AMRe: Blog: Dollar down the tubes? Hello dear list members, The angst over the US dollar just continues. Such expressions are typical during periods of transit strain. However, when the transit strain (transit station of debilitated Jupiter at 23° 15' Capricorn) involves strong natal positions (2nd lord Sun at 23° 44' Capricorn and 7th house of SAMVA USA chart), little is expected to come off it. Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 7:50:39 AMRe: Blog: Dollar down the tubes? Gold spikes to new record high... Dollar slumps to 14-month low... Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1 Cosmologer <cosmologerSAMVA Sent: Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 17, 2009 Report Share Posted October 17, 2009 Hello dear list members, The well known UC Berkeley economist Barry Eichengreen suggests that while the dollar is under pressure now as an international reserve currency, there are few viable alternatives. He thus concludes that the dollar will remain first among equals for the foreseeable future. The Dollar Dilemma - The World's Top Currency Faces Competition Barry Eichengreen - Foreign Affairs - September/October 2009 Summary The economic crisis is hurting the world's top currency. But the pound, the yen, the euro, the renminbi, and the IMF's accounting currency are no match for the dollar. At least for now. http://www.foreignaffairs.com/ This is in line with the prediction for strain in the USA on the chief indicator of currency in the SAMVA USA chart at this time due to the transit station of 6th lord Jupiter at 23°-24° Capricorn. However, this is predicted not to result in a significant setback to these indications. "This placement will place a grave strain on the US President, and the wealth and status of the country." (December 31, 2008) "Moreover, the Sun is quite strong in the SAMVA USA chart and transit afflictions thus normally produce a temporary strain rather than a setback." (August 8, 2009) Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 1:59:05 PMRe: Blog: Dollar down the tubes? Hello list, The influential Alan Greenspan, former Chairman of the US Federal Reserve (central bank), says he is not overly worried about the weak US dollar. He is, however, quite worried about the rise in public debt. This is also in line with earlier predictions based on the SAMVA USA chart for this time. Greenspan Says He’s Not ‘Overly Concerned’ About Dollar’s Drop Oct. 15 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said he’s not “overly concerned†about the recent weakening of the U.S. dollar, saying it has returned to its value from before the financial crisis. “I’m not overly concerned about the most recent decline in the dollar,†Greenspan said today in New York at a forum hosted by the Council on Foreign Relations. At the same time, he expressed concern about the long-term costs to the U.S. from the rising national debt. The increase in federal debt is the “most worrisome aspect of the economic agenda in the United States,†he said. http://www.bloomberg.com/apps/news?pid=20601087 & sid=ai02YskF0RqI Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 9:23:45 AMRe: Blog: Dollar down the tubes? Hello dear list members, The angst over the US dollar just continues. Such expressions are typical during periods of transit strain. However, when the transit strain (transit station of debilitated Jupiter at 23° 15' Capricorn) involves strong natal positions (2nd lord Sun at 23° 44' Capricorn and 7th house of SAMVA USA chart), little is expected to come off it. Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 7:50:39 AMRe: Blog: Dollar down the tubes? Gold spikes to new record high... Dollar slumps to 14-month low... Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1 Cosmologer <cosmologerSAMVA Sent: Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 19, 2009 Report Share Posted October 19, 2009 Hello list, More news on the dollar. Corporate America worried about sinking dollar Fri Oct 16, 2009 6:37pm EDT CARY, North Carolina (Reuters) - Chief executives from the biggest U.S. corporations worry that the slumping dollar could sap U.S. credibility around the globe, spur inflation and ultimately undermine the economy. The dollar has fallen to a 14-month low; and while a weaker dollar makes U.S. products cheaper overseas, chief executives gathered for the Business Council meeting in Cary, North Carolina, expressed deep concern that the anemic dollar signals serious jitters. "The issue is currency devaluation, and the worry is that it essentially lowers our credibility in the world," said Office Depot Inc (ODP.N) CEO Steve Odland in an interview with Reuters on the sidelines of the conference. http://www.reuters.com/ As an aside, the same photo appears with the newsstory and in the September article on the dollar on the SAMVA blog. Thor Cosmologer <cosmologerSAMVA Sent: Sat, October 17, 2009 5:06:54 PMRe: Blog: Dollar down the tubes? Hello dear list members, The well known UC Berkeley economist Barry Eichengreen suggests that while the dollar is under pressure now as an international reserve currency, there are few viable alternatives. He thus concludes that the dollar will remain first among equals for the foreseeable future. The Dollar Dilemma - The World's Top Currency Faces Competition Barry Eichengreen - Foreign Affairs - September/October 2009 Summary The economic crisis is hurting the world's top currency. But the pound, the yen, the euro, the renminbi, and the IMF's accounting currency are no match for the dollar. At least for now. http://www.foreignaffairs.com/ This is in line with the prediction for strain in the USA on the chief indicator of currency in the SAMVA USA chart at this time due to the transit station of 6th lord Jupiter at 23°-24° Capricorn. However, this is predicted not to result in a significant setback to these indications. "This placement will place a grave strain on the US President, and the wealth and status of the country." (December 31, 2008) "Moreover, the Sun is quite strong in the SAMVA USA chart and transit afflictions thus normally produce a temporary strain rather than a setback." (August 8, 2009) Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 1:59:05 PMRe: Blog: Dollar down the tubes? Hello list, The influential Alan Greenspan, former Chairman of the US Federal Reserve (central bank), says he is not overly worried about the weak US dollar. He is, however, quite worried about the rise in public debt. This is also in line with earlier predictions based on the SAMVA USA chart for this time. Greenspan Says He’s Not ‘Overly Concerned’ About Dollar’s Drop Oct. 15 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said he’s not “overly concerned†about the recent weakening of the U.S. dollar, saying it has returned to its value from before the financial crisis. “I’m not overly concerned about the most recent decline in the dollar,†Greenspan said today in New York at a forum hosted by the Council on Foreign Relations. At the same time, he expressed concern about the long-term costs to the U.S. from the rising national debt. The increase in federal debt is the “most worrisome aspect of the economic agenda in the United States,†he said. http://www.bloomberg.com/apps/news?pid=20601087 & sid=ai02YskF0RqI Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 9:23:45 AMRe: Blog: Dollar down the tubes? Hello dear list members, The angst over the US dollar just continues. Such expressions are typical during periods of transit strain. However, when the transit strain (transit station of debilitated Jupiter at 23° 15' Capricorn) involves strong natal positions (2nd lord Sun at 23° 44' Capricorn and 7th house of SAMVA USA chart), little is expected to come off it. Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 7:50:39 AMRe: Blog: Dollar down the tubes? Gold spikes to new record high... Dollar slumps to 14-month low... Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1 Cosmologer <cosmologerSAMVA Sent: Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor 2 of 2 Photo(s) Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 20, 2009 Report Share Posted October 20, 2009 We are 'worried' about weak dollar: Eurogroup chief Oct 19 05:19 PM US/Eastern The 16 countries that use the euro single currency are "worried" by the weakness of the dollar on currency markets, the head of the eurogroup said on Monday. http://www.breitbart.com/article.php?id=TX-PAR-HQF38 & show_article=1# Cosmologer <cosmologerSAMVA Sent: Mon, October 19, 2009 2:08:05 PMRe: Blog: Dollar down the tubes? Hello list, A few more examples of the strain to the US associated with the affliction of natal Sun as 2nd lord in the SAMVA USA chart by transit stationary 6th lord Jupiter. American De-Industrialization Continues Unabated Berliner Umschau, Germany - 14 October 2009 The United States of America, the world’s sole and absolute superpower, is the embodiment of all that we talk about when using the term “modern, highly developed, industrialized nation.†But this description is actually no longer accurate. The USA has been going through a process of de-industrialization for some time now and the economic crisis has dramatically accelerated that process. To be accurate, the USA should now be described as a “partially industrialized bubble nation.â€http://watchingamerica.com/News/35919/american-de-industrialization-continues-unabated/ Karl Marx Predicted Collapse of US Dollar in 1857 Pravda.Ru - 17.10.2009 The great October fall of the US dollar is turning into an avalanche. On Tuesday, the American currency lost nine kopeks in Russia and reached a new minimum mark this year - 29.5 rubles per dollar. Within six months (April through September) the dollar lost over 10 percent at the world foreign exchange trading, which marked the sharpest decline since 1991. Some experts believe that the American currency is close to collapse, which may lead to a new financial crisis. The tendency of the US dollar devaluation has been observed for a few years, but the current rate of decline is unprecedented. Some jokesters even rushed to re-read the letters of Karl Marx to Friedrich Engels written during the US financial panic of 1857 discussing the collapse of America. It would have been funny if it wasn’t so serious. http://english.pravda.ru/world/americas/17-10-2009/109936-marx_dollar-0 Thor Cosmologer <cosmologerSAMVA Sent: Mon, October 19, 2009 1:46:45 PMRe: Blog: Dollar down the tubes? [2 Attachments] [Attachment(s) from Cosmologer included below] Hello list, More news on the dollar. Corporate America worried about sinking dollar Fri Oct 16, 2009 6:37pm EDT CARY, North Carolina (Reuters) - Chief executives from the biggest U.S. corporations worry that the slumping dollar could sap U.S. credibility around the globe, spur inflation and ultimately undermine the economy. The dollar has fallen to a 14-month low; and while a weaker dollar makes U.S. products cheaper overseas, chief executives gathered for the Business Council meeting in Cary, North Carolina, expressed deep concern that the anemic dollar signals serious jitters. "The issue is currency devaluation, and the worry is that it essentially lowers our credibility in the world," said Office Depot Inc (ODP.N) CEO Steve Odland in an interview with Reuters on the sidelines of the conference. http://www.reuters.com/ As an aside, the same photo appears with the newsstory and in the September article on the dollar on the SAMVA blog. Thor Cosmologer <cosmologerSAMVA Sent: Sat, October 17, 2009 5:06:54 PMRe: Blog: Dollar down the tubes? Hello dear list members, The well known UC Berkeley economist Barry Eichengreen suggests that while the dollar is under pressure now as an international reserve currency, there are few viable alternatives. He thus concludes that the dollar will remain first among equals for the foreseeable future. The Dollar Dilemma - The World's Top Currency Faces Competition Barry Eichengreen - Foreign Affairs - September/October 2009 Summary The economic crisis is hurting the world's top currency. But the pound, the yen, the euro, the renminbi, and the IMF's accounting currency are no match for the dollar. At least for now. http://www.foreignaffairs.com/ This is in line with the prediction for strain in the USA on the chief indicator of currency in the SAMVA USA chart at this time due to the transit station of 6th lord Jupiter at 23°-24° Capricorn. However, this is predicted not to result in a significant setback to these indications. "This placement will place a grave strain on the US President, and the wealth and status of the country." (December 31, 2008) "Moreover, the Sun is quite strong in the SAMVA USA chart and transit afflictions thus normally produce a temporary strain rather than a setback." (August 8, 2009) Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 1:59:05 PMRe: Blog: Dollar down the tubes? Hello list, The influential Alan Greenspan, former Chairman of the US Federal Reserve (central bank), says he is not overly worried about the weak US dollar. He is, however, quite worried about the rise in public debt. This is also in line with earlier predictions based on the SAMVA USA chart for this time. Greenspan Says He’s Not ‘Overly Concerned’ About Dollar’s Drop Oct. 15 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said he’s not “overly concerned†about the recent weakening of the U.S. dollar, saying it has returned to its value from before the financial crisis. “I’m not overly concerned about the most recent decline in the dollar,†Greenspan said today in New York at a forum hosted by the Council on Foreign Relations. At the same time, he expressed concern about the long-term costs to the U.S. from the rising national debt. The increase in federal debt is the “most worrisome aspect of the economic agenda in the United States,†he said. http://www.bloomberg.com/apps/news?pid=20601087 & sid=ai02YskF0RqI Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 9:23:45 AMRe: Blog: Dollar down the tubes? Hello dear list members, The angst over the US dollar just continues. Such expressions are typical during periods of transit strain. However, when the transit strain (transit station of debilitated Jupiter at 23° 15' Capricorn) involves strong natal positions (2nd lord Sun at 23° 44' Capricorn and 7th house of SAMVA USA chart), little is expected to come off it. Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says Oct. 15 (Bloomberg) -- The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy. The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,†said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.†http://www.bloomberg.com/apps/news?pid=20601109 & sid=a_A5nqmw9Dq8 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 15, 2009 7:50:39 AMRe: Blog: Dollar down the tubes? Gold spikes to new record high... Dollar slumps to 14-month low... Dollar slides, fuelling commodity price hikes AFP - Oct 14 08:24 AM US/Eastern The dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 dollars for the first time in a year. The euro struck 1.49 dollars -- its highest point since August 2008 -- on increased appetite for currencies seen as riskier than the dollar and on prospects for super-low US interest rates in the face of rising economic confidence, analysts said. http://www.breitbart.com/article.php?id=CNG.ff41282c008d4c070bbcfcf1ad946201.311 & show_article=1 Cosmologer <cosmologerSAMVA Sent: Wed, October 14, 2009 10:28:39 AMRe: Blog: Dollar down the tubes? Hello dear list members, The alarm over the dollar is reaching a crescendo as Jupiter turns direct. Just remember that the indicators of currency natal 2nd lord Sun and 1st lord Moon are strong in the SAMVA USA chart, hence once the transit afflictions and weakenesses end, the dollar should regain some of its earlier standing. However, please note that while transit Saturn is well placed in Virgo for the coming two years, soon transit Jupiter will enter the 8th house and remain there during the first half of 2010, followed by afflicting aspects during the summer of that year. Meanwhile, the transit nodes will enter the 6th and 12th houses. This suggests the coming 10 months or so will not be that easy for the USA. Dollar loses reserve status to yen & euro 3:16 AM, October 13, 2009 Ben Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency. Over the last three months, banks put 63 percent of their new cash into euros and yen -- not the greenbacks -- a nearly complete reversal of the dollar's onetime dominance for reserves, according to Barclays Capital. The dollar's share of new cash in the central banks was down to 37 percent -- compared with two-thirds a decade ago. Currently, dollars account for about 62 percent of the currency reserve at central banks -- the lowest on record, said the International Monetary Fund. Bernanke could go down in economic history as the man who killed the greenback on the operating table. http://www.nypost.com/p/news/business/dollar_loses_reserve_status_to_yen_hFyfwvpBW1YYLykSJwTTEL;jsessionid=65E301CF47ED50D15170F8D6530791C5 Cosmologer <cosmologerSAMVA Sent: Mon, October 12, 2009 6:51:01 AMRe: Blog: Dollar down the tubes? Hello dear list members, There is a constant stream of articles raising concern about the dollar. Dollar facing 'power-shift': analysts AFP:- Oct 11 03:18 PM US/Eastern The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future. http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481 & show_article=1 Thor Cosmologer <cosmologerSAMVA Sent: Thu, October 8, 2009 6:02:11 PMRe: Blog: Dollar down the tubes? Hello list, Now the international news: Hated Currency De Tijd, Belgium - 7 October 2009 If the dollar loses its position in the international raw materials market, the currency can, as has been calculated, cause a loss of value of 50 percent over a ten year period. That would signify a considerable loss of spending power for the U.S The price of gold has climbed to record heights and it has everything to do with the weakening dollar. The American currency is under pressure as a result of very low interest rates, an increasing fear of inflation and severe economic problems in the United States. All this causes investors to turn away from the dollar and flee to the safe haven of gold. What also influenced the American dollar yesterday was the message that a number of countries, including the Gulf states, France, China, Russia and Japan, have talked behind the U.S.’s back about the possibility of replacing the dollar as a currency for crude oil with a basket of other currencies. Even though the message has been laughed away in the U.S., it has simultaneously caused some unrest because it made it clear that the position of the dollar as an international payment method and reserve currency is not unassailable. An alarm bell did go off. “They hate the dollar,†an American financial columnist wrote yesterday, blaming the others and slightly passing by the intrinsic weaknesses of the dollar. The U.S. has been able to profit for many years with its dollar as the international payment method of choice and a reserve currency for brokers and investors worldwide. Exchange rate fluctuations were a problem for other countries, but the U.S. was hardly ever bothered by them. But you have to earn the status of international reserve currency, and it is never permanently acquired. http://watchingamerica.com/News/35376/hated-currency/ Thor Cosmologer <cosmologerSAMVA Sent: Wed, October 7, 2009 2:24:59 PMRe: Blog: Dollar down the tubes? Hello Sujit and list, Indeed the dollars woes are being mentioned day after day in the press at this time, in line with the prediction based on the SAMVA USA chart. Here is the latest such story Dollar's Slide Gives Rise to Calls for New Reserve Washington Post | Wednesday, October 7, 2009 The U.S. dollar continued its six-month slide Tuesday amid a growing international chorus that wants the dollar replaced -- or at least supplemented -- as the world's reserve currency, a move that would end the greenback's six decades of global dominance. http://www.washingtonpost.com/wp-dyn/content/article/2009/10/06/AR2009100603818.html Thor Sujit <sujitmeledathSAMVA Sent: Wed, October 7, 2009 2:35:58 AMRe: Blog: Dollar down the tubes?  Dear Thor Once again Gold has picked up due to weakening of dollar. Kind regards Sujit - Cosmologer SAMVA Tuesday, October 06, 2009 8:04 PM Re: Blog: Dollar down the tubes? Hello list members, I attach four news stories which are perfectly in alignment with what has been predicted for the dollar. The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading Tuesday, 6 October 2009 In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar. http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer. blogspot. com/ Thor Attachment(s) from Cosmologer 2 of 2 Photo(s) Reuters sinking dollar.jpg Dollar down the tubes.jpg Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 16, 2010 Report Share Posted February 16, 2010 Hello list, The views on the dollar are radically different on the dollar now than they were in the autumn of 2009 when natal 2nd lord Sun in the SAMVA USA chart was afflicted by transit stationary and debilitated 6th lord Jupiter at 24° Capricorn and 7th house. Dollar Up as Europe Reels FEBRUARY 16, 2010 Currency Gains After Euro-Zone Debt Woes Upend Bearish Forecasts for Greenback A dramatic turn in sentiment in favor of the dollar and against the euro continued Monday, with lingering fears of a possible European debt crisis pushing the greenback to its highest point in nine months. Among investors, the question a few months ago wasn't whether the U.S. dollar would decline in value, but rather how far and how fast. The currency's surge is throwing a monkey wrench into the plans of corporations and investors who were betting on a weak dollar. http://cosmologer.blogspot.com/2009/09/dollar-down-tubes.html This is in line with what was suggested in the following blog and predicted in SAMVA list messages, including its recovery after this transit affliction lifted. Thor Cosmologer <cosmologersamva Sent: Fri, September 25, 2009 7:28:49 PM Blog: Dollar down the tubes? Hello dear list members, Here are some thoughts on the dollar - and what has been predicted for this time. Friday, September 25, 2009 Dollar down the tubes? During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer.blogspot.com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 18, 2010 Report Share Posted February 18, 2010 Hello list, The following news shows the extent of recovery in the value of the dollar since the transit station of Jupiter lifted of the natal Sun in the SAMVA USA chart in late November 2009. The strengthening is in line with what was predicted in December 2009 and earlier. It was also predicted the competitive position of industrial firms could be harmed at this time, linked to the affliction of natal Mars as 10th lord of foreign trade by transit Saturn as 8th lord, possibly due to a strengthening of the dollar. Dollar’s Gains May Pose Risk to Targets at United Tech, Textron Feb. 18 (Bloomberg) -- U.S. companies starting to recover from the deepest recession in a lifetime face a new headwind as the dollar strengthens, threatening profit predictions for 2010. The dollar has gained 10.8 percent against the euro since Dec. 1 as Greece struggles with debt and the rebounding U.S. economy attracts investment. The euro is expected to slump below $1.30 by year-end, according to forecasts at Bank of America Corp., Royal Bank of Scotland Group Plc and Jefferies Group Inc. http://www.bloomberg.com/apps/news?pid=20601087 & sid=aA6w5CFG2MG4 & pos=7 Thor Cosmologer <cosmologerSAMVA Sent: Tue, February 16, 2010 7:27:08 AMRe: Blog: Dollar down the tubes? Hello list, The views on the dollar are radically different on the dollar now than they were in the autumn of 2009 when natal 2nd lord Sun in the SAMVA USA chart was afflicted by transit stationary and debilitated 6th lord Jupiter at 24° Capricorn and 7th house. Dollar Up as Europe Reels FEBRUARY 16, 2010 Currency Gains After Euro-Zone Debt Woes Upend Bearish Forecasts for Greenback A dramatic turn in sentiment in favor of the dollar and against the euro continued Monday, with lingering fears of a possible European debt crisis pushing the greenback to its highest point in nine months. Among investors, the question a few months ago wasn't whether the U.S. dollar would decline in value, but rather how far and how fast. The currency's surge is throwing a monkey wrench into the plans of corporations and investors who were betting on a weak dollar. http://cosmologer.blogspot.com/2009/09/dollar-down-tubes.html This is in line with what was suggested in the following blog and predicted in SAMVA list messages, including its recovery after this transit affliction lifted. Thor Cosmologer <cosmologersamva Sent: Fri, September 25, 2009 7:28:49 PM Blog: Dollar down the tubes? Hello dear list members, Here are some thoughts on the dollar - and what has been predicted for this time. Friday, September 25, 2009 Dollar down the tubes? During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer.blogspot.com/ Thor Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 25, 2010 Report Share Posted February 25, 2010 Hello dear list members, It has often been noted that with a strong Sun as 2nd lord on the MEP of the 7th house of the SAMVA USA chart, and 1st lord Moon in the 11th house, the currency of the USA, the dollar, would be a strong currency. Now a new book GLOBAL IMBALANCES AND THE COLLAPSE OF GLOBALISED FINANCE devotes a chapter to THE ASTONISHING RESILIENCE OF THE DOLLAR http://www.ceps.be/book/global-imbalances-and-collapse-globalised-finance Such insights by economists are yet more anecdotal confirmation of the natal potential for currency strength seen in the chart. The following articles give some more insight. Dollar down the tubes? September 25, 2009 http://cosmologer.blogspot.com/ POWER OF THE SUN (November 28, 2009) http://cosmologer.blogspot.com/2009/11/power-of-sun.html Thor Cosmologer <cosmologerSAMVA Sent: Thu, February 18, 2010 2:53:39 PMRe: Blog: Dollar down the tubes? Hello list, The following news shows the extent of recovery in the value of the dollar since the transit station of Jupiter lifted of the natal Sun in the SAMVA USA chart in late November 2009. The strengthening is in line with what was predicted in December 2009 and earlier. It was also predicted the competitive position of industrial firms could be harmed at this time, linked to the affliction of natal Mars as 10th lord of foreign trade by transit Saturn as 8th lord, possibly due to a strengthening of the dollar. Dollar’s Gains May Pose Risk to Targets at United Tech, Textron Feb. 18 (Bloomberg) -- U.S. companies starting to recover from the deepest recession in a lifetime face a new headwind as the dollar strengthens, threatening profit predictions for 2010. The dollar has gained 10.8 percent against the euro since Dec. 1 as Greece struggles with debt and the rebounding U.S. economy attracts investment. The euro is expected to slump below $1.30 by year-end, according to forecasts at Bank of America Corp., Royal Bank of Scotland Group Plc and Jefferies Group Inc. http://www.bloomberg.com/apps/news?pid=20601087 & sid=aA6w5CFG2MG4 & pos=7 Thor Cosmologer <cosmologerSAMVA Sent: Tue, February 16, 2010 7:27:08 AMRe: Blog: Dollar down the tubes? Hello list, The views on the dollar are radically different on the dollar now than they were in the autumn of 2009 when natal 2nd lord Sun in the SAMVA USA chart was afflicted by transit stationary and debilitated 6th lord Jupiter at 24° Capricorn and 7th house. Dollar Up as Europe Reels FEBRUARY 16, 2010 Currency Gains After Euro-Zone Debt Woes Upend Bearish Forecasts for Greenback A dramatic turn in sentiment in favor of the dollar and against the euro continued Monday, with lingering fears of a possible European debt crisis pushing the greenback to its highest point in nine months. Among investors, the question a few months ago wasn't whether the U.S. dollar would decline in value, but rather how far and how fast. The currency's surge is throwing a monkey wrench into the plans of corporations and investors who were betting on a weak dollar. http://cosmologer.blogspot.com/2009/09/dollar-down-tubes.html This is in line with what was suggested in the following blog and predicted in SAMVA list messages, including its recovery after this transit affliction lifted. Thor Cosmologer <cosmologersamva Sent: Fri, September 25, 2009 7:28:49 PM Blog: Dollar down the tubes? Hello dear list members, Here are some thoughts on the dollar - and what has been predicted for this time. Friday, September 25, 2009 Dollar down the tubes? During 2009, the Russian and Chinese governments have publicly expressed grave concerns about risks to the international financial system from the issuance of enormous debt by the US government to shore up its financial system. In particular, the role of the US dollar as an international currency has been questioned. The Russians and Chinese have also suggested the creation of a truly global currency is needed to reduce risks and share more evenly the benefits of an international currency. Problems with regard to the debt of the US government have earlier been foreseen on the basis of the SAMVA USA chart (Perpetual Union). It has been suggested that while the situation is likely to place strains on e.g. the President of the USA, the dollar, interest rates on the debt and concerns for inflation, the situation will remain manageable. To read more: http://cosmologer.blogspot.com/ Thor Quote Link to comment Share on other sites More sharing options...
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