tag:blogger.com,1999:blog-6616959642391988608.post8851288862495878888..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Copper updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-57257363032546324392009-10-21T10:39:21.841-07:002009-10-21T10:39:21.841-07:00Thomas: I'm disappointed in Brazil for putting...Thomas: I'm disappointed in Brazil for putting a tax on capital inflows. This tempers my enthusiasm for the country, and it looks like the market feels the same way. But a 1.5% tax is not going to be the end of the world—it will just slow down Brazil's recovery.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12432407423487170812009-10-21T10:34:24.167-07:002009-10-21T10:34:24.167-07:00Scott ... any comments on the tax on foreign secur...Scott ... any comments on the tax on foreign security purchases in Brazil? Still bullish on the real?Thomas Bhttps://www.blogger.com/profile/05216347874446684542noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53283209953687541392009-10-21T10:05:47.709-07:002009-10-21T10:05:47.709-07:00Chris: much as I worry about things, I just don...Chris: much as I worry about things, I just don't think we are anywhere near a collapse.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4897174894712518092009-10-21T09:58:30.256-07:002009-10-21T09:58:30.256-07:00Thomas: The rise in commodity prices has occurred ...Thomas: The rise in commodity prices has occurred as dollars have been "de-hoarded." People are unloading dollars and loading up on the things that benefit from a cheaper dollar, such as commodities and gold. There is now an excess of dollars being supplied by the Fed and these dollars are in effect finding their way into tangible assets of all sorts. <br /><br />The concern over dollarScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-61291934408474073082009-10-21T09:54:02.242-07:002009-10-21T09:54:02.242-07:00Daniel: the Fed seems to be taking everything as b...Daniel: the Fed seems to be taking everything as breathing room these days, unfortunately.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50113033799166916242009-10-21T08:49:22.065-07:002009-10-21T08:49:22.065-07:00Dollar continuing it's decline, oil above $80,...Dollar continuing it's decline, oil above $80, and gold at $1060, the clouds are forming...Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69440070141916205592009-10-20T20:50:24.288-07:002009-10-20T20:50:24.288-07:00Hahaha. No deflation? Wanna bet? There is no dem...Hahaha. No deflation? Wanna bet? There is no demand for capital in the American economy. So, we get another bubble. Deflation dead ahead. It's the same idiotic mess created by the same Wall Street idiots.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29955660886206466522009-10-20T19:31:27.531-07:002009-10-20T19:31:27.531-07:00Looks like a combination of a declining dollar and...Looks like a combination of a declining dollar and foreign countries diversifying out of dollars into hard assets.<br /><br />Maybe Paul Farrell is right; could American capitalism be on the verge of collapse? <br /><br />http://www.marketwatch.com/story/americas-soul-is-lost-and-collapse-is-inevitable-2009-10-20?pagenumber=1Unknownhttps://www.blogger.com/profile/04138390878161663035noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-7721310243969529612009-10-20T12:52:50.112-07:002009-10-20T12:52:50.112-07:00Scott ... a few questions.
What role does the &qu...Scott ... a few questions.<br /><br />What role does the "flight to safety" and hoarding of dollars play in this? How are dollars available vs. stashed measured?<br /><br />Isn't there also a "beggar thy neighbor" scenario at play? The European finance ministers flagged the weak dollar as problem at a meeting yesterday in Luxembourg. Sure is a problem for export driven Thomas Bhttps://www.blogger.com/profile/05216347874446684542noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-58138897493712165862009-10-20T12:12:05.638-07:002009-10-20T12:12:05.638-07:00Commidity prices up, Dollar down (import prices up...Commidity prices up, Dollar down (import prices up) yet Wholesale prices fall 0.6%. The fed will clearly take this as breathing room.MadTaxhttps://www.blogger.com/profile/01993644388485131972noreply@blogger.com