Replies to post #41177 on FOREX TRADERS

[xero90]

Here's another way of looking at it:

what if you pick the most important commodity you can think of and price both the USD and the commodity in terms of gold. so that way you could compare the two charts in time and maybe see something we haven't seen before:

See below: WTIC USD priced on gold:

Oil has mostly kept with the price of gold except during the massive run up and shorting fall during late 2008. Excluding that oil has flat lined -- and I consider oil a very important commodity.
(As a side note, it doesn't seem like the run-up at the pump is greedy speculators but totally due to the weak dollar)


USD (in gold)... it peaked in late 2008 and ever since has been declining, like for the past two years.

[Ataglance2]

I am. USD/RUB @ 8% interest....,just going to keep that trading on the side,...thats just my low budget hedge against oil and gold prices.....my short term trade for the momment (held over from friday )is aud/jpy short..for now.
from your post with gold and gas and the fed reminds me why we are experiancing the dollar crush..if you'll remember ,it was the US feds responce when pauson and bernakie went to china,and failed to convince them to let the yaun apprieciate...because they were the biggest holders of UA reserves....
;)

[xero90]

USD getting there: