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Harry Skip Robinson

Joined: 01/05/19


Comments by Harry Skip Robinson
Dollar Index Futures Feb 16, 2021 5:49AM ET
The U.S. no longer has an industrial based except to make military goods. We do have some fine restaurants. I hear McDonalds is a 4 star. We are being fueled by debt and have been since 2000.
Dollar Index Futures Jan 13, 2021 7:12AM ET
 Short term, yes this is plausible. Keep an eye out on the 5, 7, and 10 years treasury yields as they are the benchmarks for both residential and commercial mortgage rates. I'm hearing they are now starting to rise as the 10 year goes over 1.15%. Just read where China is no long buying Treasuries, but I've heard that before. They have all been threats. Short term, yes this is plausible. Keep an eye out on the 5, 7, and 10 years treasury yields as they are the benchmarks for both residential and commercial mortgage rates. I'm hearing they are now starting to rise as the 10 year goes over 1.15%. Just read where China is no long buying Treasuries, but I've heard that before. They have all been threats.
Dollar Index Futures Jan 13, 2021 7:03AM ET
Taxes and the costs of government are to high to MAGA or it's drastically over supplied fiat currency. It's simple economics. With over 120 different taxes and regulatory fees and a annual $6+ trillion budget, no society can bear such costs. 53% of Americans are now considered low wage earners, so their contribution to the economy is diminished. Of course the ruling class knows this and are going full steam ahead anyway. Anyone see the big red flags waving across the country. Most countries can not spend their currencies outside their country. As the USD is dethroned from it reserve currency status, all those USDs will be forced back to the U.S. causing hyper inflation, if the economy can even maintain itself until this happens. How this all unravels will be interesting. The trade between Europe, Asia and the Americas are already causing problems as trade deficits and increased prices hit America.
Dollar Index Futures Jan 08, 2021 2:08PM ET
Come on let's get real. With the democratic socialists gaining power here in the U.S. and bond yields rising, equities should decline and gold and silver rise, but it really depends on how long the lame-stream media can keep investors bamboozled. Our economy is in serious condition and the masses are starting to revolt. Supply chains are already being disrupted as the world economy declines. I've tried ordering a bicycle twice now from Amazon and after the order, I received a message saying it was back-ordered. I will tell you my opinion, I fear the chaos has really just begun. People have yet to learn, the government is not the solution, it has always been the problem. The Great Society programs of the 1960s and war on drugs are the best examples.
Dollar Index Futures Dec 28, 2020 5:55AM ET
The last direct stimulus raised average income short term, but it quickly eroded and this continues. Hense the new stimulus spending. This alone should push the USD down. Add in the probability that China is about to roll out a national cryptocurrency as are other counties and you may witness the largest transfer of wealth in modern history. We even know the IMF and World Bank have been testing one since 2018, so some sort of reset is going to happen. Will it be another institutional breakdown/insolvency of investment banks or commercial or banks is yet to be seen. What we do know is things like railroad traffic is down 17 percent and there are now gluts in the New York City and San Francisco housing markets. The puzzling phenomenon is the intentional shutting down of business for highly questionable reasons by many of especially the western nation-states. It's as if they are planning a massive reset worldwide.
Dollar Index Futures Dec 17, 2020 2:32PM ET
It can't be. Bitcoin and other cryptos pegged to fiat only have a speculative value. No real intrinsic  value like fiats. IMFCoin or some other Govcoin will push them out.
Dollar Index Futures Dec 15, 2020 11:50AM ET
I heard a story last night about when Solomon Brothers were buying all the Treasuries they could get their hands on even using straw men to skirt regulatory requirements. They were reselling them and renting them out as collateral to multiple sources. The point I'm making is that we really don't know what the M3 is because of all the derivatives and therefore we are relying purely on DXY futures, gold prices, forex etc. to have any idea what the real value of the USD should be. The FRB balance sheet is now over $7 trillion and the Federal Government deficit was over $3 trillion just this past year. Add in that the sovereign debt market with many countries having negative yields, is effectively DOA, and it looks like we are operating on smoke and mirrors and the mesmerizing ticket tapes. Be very very careful.
Dollar Index Futures Dec 15, 2020 11:32AM ET
It's pretty obvious the U.S. and  international debt based fiat monetary system is failing. The sovereign debt (bond market) is affectively DOA. A number of countries have negative yields and their central banks are having to monetize the debt to keep both the governments and their mortgage markets operating. Without the monetization of debt through quantative easing, the U.S. government would have had to shut down in 2008.
Dollar Index Futures Dec 11, 2020 2:25PM ET
 The United Nations Participation Act of 1945 gave powers to the United Nations to have sovereignty over the US. That's why we have engaged in numerous foreign wars since WWII without a declaration of war.  Most everything since then has been smoke and mirrors to make the majority think we still have individual rights and are a government by, of, and for the people. The United Nations was started by self confessed communists. There objectives have always been to redistributed the majorty's wealth to the corporations they control via government contracting, grants and subsidies. That's why so many of them and the media support the socialist/communist agenda. It's happening right in front of everyone's eyes, yet few see it. Cleaver little dastards. The United Nations Participation Act of 1945 gave powers to the United Nations to have sovereignty over the US. That's why we have engaged in numerous foreign wars since WWII without a declaration of war.  Most everything since then has been smoke and mirrors to make the majority think we still have individual rights and are a government by, of, and for the people. The United Nations was started by self confessed communists. There objectives have always been to redistributed the majorty's wealth to the corporations they control via government contracting, grants and subsidies. That's why so many of them and the media support the socialist/communist agenda. It's happening right in front of everyone's eyes, yet few see it. Cleaver little dastards.
Dollar Index Futures Dec 11, 2020 10:33AM ET
Fedcoin is coming. All the major central bank officials have been talking about it for a while now and there is evidence one was tested by the IMF.  https://www.pymnts.com/blockchain/2019/world-bank-imf-private-blockchain-quasi-cryptocurrency/
Dollar Index Futures Dec 11, 2020 8:07AM ET
Fast track approval? for a vaccine, despite never having a successful vaccine for a virus before. FYI: the common cold is a virus. The U.S. government has paid out over $4.4 billion under the National Vaccine Injury Compensation Program and we know they are rigging both numbers of cases and deaths from an alleged plandemic. Why are they locking down areas when the studies say it didn't work? The mask say right on the package, it doesn't protect against this virus yet we are being forced to wear them.  Something is really really wrong and most everyone is pretending it isn't. How can the U.S. with only 4% of the world's population have 26% of the cases and 20% of the world's deaths? This has to be the greatest socialist experiment in world history and most people are acquiescing. Are you going to be a good little Guinea *****
Dollar Index Futures Dec 03, 2020 8:28AM ET
It could be as simply as people being forced to liquidate their gold holding to cover loses in other areas. Or even the sale of gold by sovereigns. I also don't think the younger generation has caught on to how much wall street is opposed and tries to suppress the investing in gold and silver. They are pushing cryptos as an alternative to gold. We'll see if the next period of volatility teaches them anything.
Dollar Index Futures Dec 03, 2020 8:22AM ET
Because of the various FOREX platforms around the world, there is no need for a reserve currency anymore. It's not like 25 years ago when other countries didn't really know what their money was worth as compared to their trading partners. IMHO, the USD is purely being used as a means of monitoring and controlling trade by the central bankers through the international central banking system. As you should know all international trades go through the BIS and the central banks of the Counties where the companies involved are doing the trade.  An interesting study is to see who is part of the Bank of International Settlement (BIS) and who isn't. I believe we are going to witness the dethroning of the USD and I don't think they are going to be able to institute a replacement. I only wish I knew when.
Dollar Index Futures Dec 03, 2020 8:08AM ET
Chris Yudhi, 11 minutes ago Wrote this. Is it buying time? Obviously this is my opinion. I'm 68 and I have been studying macro and finance all my life. I have never seen a period in my life like this. The world economy is at or near recession. The Americas are in a trade war with both Asian and Europe, central banks are all monetizing massive amounts of debt. The major's  sovereign debt is yielding near of negative, Gold has recently out performed just about everything except the FAANG stocks. 30% of the small businesses in New Jersey are closed, most likely for good, True E-3 and E-6 statistical unemployment rates are being manipulated and toilet paper is being reported to be scarce again. What we are seeing is the last stage attempts to keep the Keynesian based fiat currency system from totally failing. The U.S. as the world reserve currency is at greatest risk if and when it does fail. All debt based fiat currencies in history have failed, bar none.
Dollar Index Futures Nov 26, 2020 4:01PM ET
I don't know about 97 but allegedly Winston Churchill stated "that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle". Surely a great analogy.
Dollar Index Futures Nov 26, 2020 3:53PM ET
Add in another government stimulus and the velocity of money someone mentioned below will pick up a little.
Dollar Index Futures Nov 26, 2020 3:49PM ET
 Agreed, you're correct but it still affecting prices like equities, real estate and perhaps even currency values. Oh great more homeless and an even greater wage and wealth gap. 53% of american workers are now considered low income wage earners. There is no way out of this mess and the money printing is only benefiting the swampters and investment class leaving the majority of the civilian population drowning in debt. I think the unwinding has already started to occur and this is the last ditch effort to try to stop another 2008 meltdown. What the trigger(s) are may be the current political move to lock down. Time will tell. Feels much like 2008 with all the irrational over exuberance. Agreed, you're correct but it still affecting prices like equities, real estate and perhaps even currency values. Oh great more homeless and an even greater wage and wealth gap. 53% of american workers are now considered low income wage earners. There is no way out of this mess and the money printing is only benefiting the swampters and investment class leaving the majority of the civilian population drowning in debt. I think the unwinding has already started to occur and this is the last ditch effort to try to stop another 2008 meltdown. What the trigger(s) are may be the current political move to lock down. Time will tell. Feels much like 2008 with all the irrational over exuberance.
Dollar Index Futures Nov 26, 2020 2:38PM ET
 Don't hold your breath. They've expanded the money supply more in 2020 than many of the years combined. What they done 2020 is about 21% of the4 total money supply. Don't let the pump and dump guys take your money and they are trying very hard. Don't hold your breath. They've expanded the money supply more in 2020 than many of the years combined. What they done 2020 is about 21% of the4 total money supply. Don't let the pump and dump guys take your money and they are trying very hard.
Dollar Index Futures Nov 26, 2020 2:31PM ET
All fiat currencies in world history have eventually reached their intrinsic value. A central bank is the 5th plank of communism and they have increased the money supply in 2020 by 20%. The USD in on the edge of a cliff and something could happen at any minute to trigger it's fall again, like in 2008. The pump and dump is one of the investment classes greatest con games. Just like the companies have been buying back their own shares with the Execs selling into the market.
Dollar Index Futures Nov 26, 2020 8:37AM ET
I just read that 21% of the total U.S. money supply was created in 2020 and a single Bitcoin would be worth $500,000 by 2030. The question though is, what will you be able to buy with it then? I'm guessing maybe a roll of TP if you can find it. The role as the worlds reserve currency is not only being challenged by other countries, it is realistically no longer  necessary due to Forex. Everyone can now trade in their own currencies because their values are constantly published.
Dollar Index Futures Nov 26, 2020 7:49AM ET
A daily low of 91.83 at 2:30 this morning. Pretty darn close to its 52 week low. What could possibly drive it higher except speculation?
Dollar Index Futures Nov 25, 2020 2:49PM ET
The US daily DXY rally is not doing well today. It will be interesting to see if overnight the selloff continues. I would bet it goes lower.
Dollar Index Futures Nov 25, 2020 2:34PM ET
Black Friday is always the day after Thanksgiving here in the U.S. It's the start of the Christman shopping seasons and all the retailers run heavy  sale discount programs.
ProShares Ultra VIX Short-Term Futures Nov 24, 2020 6:29AM ET
52 week range is 10.4 to 125 so we are obviously near the bottom. The FRB is monetizing and issuing more debt in 2020 to fund our countries ever increasing debts than any other time in history. Even breaching their authority by bailing out corporate interests again. They say there is a shortage of Euro-dollars yet the past two nights the DXY has gone down overnight (EST) and then rallied yesterday during the day. We'll see if that happens today. U.S. bond yields continue their upward pressure so that is something to keep a close eye on as the world economy remains weak.  FYI: More Corona cases are not equating to more deaths. Actually, the number of deaths (250K) here in the U.S. is not that high if you add in all the false positive tests and deaths really caused by their underlying comorbidities, yet deemed c.o.v.i.d.-.1.9 the cause of death. About 150,000 people die every flu season from the various lower and upper respiratory diseases here in the U.S.
Dollar Index Futures Nov 24, 2020 6:05AM ET
That's really smart when they have monetized and added more debt in 2020 then just about all the other years combined and the world economic foundation is cracking at an alarming rate. If that's not a definition of a hail mary, I don't know what is. The FRB is literally overstepping their legal authority by bailing out corporate interests.