tag:blogger.com,1999:blog-18183714.post7091067051080455881..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Wither DollarSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-18183714.post-85581906309270715292008-09-22T19:46:00.000+08:002008-09-22T19:46:00.000+08:00Crystal Liu really pretty... especially in Return ...Crystal Liu really pretty... especially in Return of the Condor Heroes...AAhttps://www.blogger.com/profile/01651483157195257579noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-36680329986031359452008-09-22T10:29:00.000+08:002008-09-22T10:29:00.000+08:00Can you explain what Muhyuddin Yassin meant when h...Can you explain what Muhyuddin Yassin meant when he said pegging the Ringgit would cushion off the impact of the weakening USD against other currencies? First the USD was not weakening but strengthening. Secondly what happens should the USD fall say 30%. RGT would be 3 to the SGD, 8 to the Pound, 7 to the Euro?Unknownhttps://www.blogger.com/profile/03689432601843975670noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-29081952357431548152008-09-22T08:51:00.000+08:002008-09-22T08:51:00.000+08:00I do have the feel that the recent USD strengths a...I do have the feel that the recent USD strengths and weaknesses are engineered by Central Bankers. Not quite sure whether it is for the bailouts, but they are tale signs about it, like dali's said.<BR/><BR/>How about reaffirming and applying the Brenton Wood II (renminbi - dollar peg) into more international currencies?<BR/><BR/>Having saying that, it reaffirmed my believe that the next target will shift to currencies speculation. The speculators(wolves) will camouflage behind the Central Bankers (tigers), you could hardly differentiate the currencies movements by who then. <BR/><BR/>My opinion is ringgit should consider the fixed peg to USD now. I am sure most of the local businesses will welcome this. At least, it have remove some business uncertainties in forex movement.solomonhttps://www.blogger.com/profile/15373632232861592746noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-13661113124226932532008-09-21T23:52:00.000+08:002008-09-21T23:52:00.000+08:00Dear dali,I read from WSJ.US Treasury will inject ...Dear dali,<BR/><BR/>I read from WSJ.<BR/>US Treasury will inject US200b to FED and hence FED has able to help the market and NO NEED to print the US dollar. <BR/><BR/>Will the US 200b now become liabilities for FED?<BR/>FED no need pay interest to US Treasury? <BR/>ThanksIvanhttps://www.blogger.com/profile/06127693268170414135noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-34658910086325091572008-09-21T16:42:00.000+08:002008-09-21T16:42:00.000+08:00all that are holding up the US$ at this moment is ...all that are holding up the US$ at this moment is "hope" that it can be used to buy something in the future, the primary purpose of money.<BR/><BR/>US the world's largest creditor and the rest of the world as the largest collective debtor to the US now has to only decide whether we should let the giant fall or not and die together with it.<BR/><BR/>Like I always tell people, if you want borrow, make sure you borrow big from any lender, they won't let you fall or call on you if you borrow big enough!clkhttps://www.blogger.com/profile/08700265260371403083noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-86729377436107770862008-09-21T11:25:00.000+08:002008-09-21T11:25:00.000+08:00Central banks will support the USD, for the time b...Central banks will support the USD, for the time being as their holdings is primarily in USD. No country wanted to be poor overnight by the collapsed of the USD. Take ourselves and Sing, how much the 2 of us have in USD.lsbhttps://www.blogger.com/profile/14332169563806986621noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-70980895629235551752008-09-21T11:18:00.000+08:002008-09-21T11:18:00.000+08:00: What a contrast to the remedy for Asians in 1997...: What a contrast to the remedy for Asians in 1997, and confirms the perceptions that they did it purposely to pick up assets on the cheap, in Korea and elsewhere.<BR/><BR/>Tanah Hartah is a vehicle they are considering in whatever sophisticated name it may be established. <BR/>Selfishness, I wish the contagion continues as there is great probability to repeat post 1998 earnings., but for empathy no. <BR/><BR/>Printing USD without backing, counterfeiting again.lsbhttps://www.blogger.com/profile/14332169563806986621noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-78195012078790392902008-09-21T06:20:00.000+08:002008-09-21T06:20:00.000+08:00There is a simpler explanation to USD Strength - s...There is a simpler explanation to USD Strength - selling of emerging market asset and ship the money back home in the form of dollars.<BR/><BR/>As the stock market recover, fund flow the other way and the dollar is weakening again (together with JPY).<BR/><BR/>This currency thing is about who is the most screwed. US is screwed, yes. Japan got a -4% annualised GDP growth, and with the chaos in Malaysia, it is difficult to say who is more screwed. For sure, the US government isn't going bust anytime soon.easystarhttps://www.blogger.com/profile/16551595909624078074noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-24536456988419378452008-09-21T02:30:00.000+08:002008-09-21T02:30:00.000+08:00i don't fully agree on your statement. Mind you th...i don't fully agree on your statement. Mind you that China is a big adopter of US treasury bills, trillions of them. With China holding so much of US treasury bill, they will do their best to protect the value of USD, not to mention that HKD is in fact pegged to USD. China, being one of the wealthiest nation in Asia currently, will not allow their wealth to be swept away over night.Charleshttps://www.blogger.com/profile/12336742374207718660noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-77345480262301137052008-09-21T02:06:00.000+08:002008-09-21T02:06:00.000+08:00Dear Dali,You are absolutely correct this time. Wi...Dear Dali,<BR/><BR/>You are absolutely correct this time. With China owing 1 trillion dollar of us economy through t-bill, no wonder those thing happened.<BR/><BR/>Friday stock market rally may favored a lot of wall street investor who long the index. However the biggest winner Friday was those who short the dollar. In one day, dollar depreciate at least 125 pips against Euro, AUS, NZD, CHF and CAD. Biggest one came from Australia dollar which recorded an amazing 407 pips!<BR/><BR/>Average return to those investor that day was 68.5%! Well i entered the market one hour before the market close and guest what i still manage to get a 30% gain.<BR/><BR/>The signal is strong and for me this is the best way of protecting our capital against those lunatics who are blowing our economy awayru40342https://www.blogger.com/profile/00079369969322644918noreply@blogger.com