Dollar's Hit a "Major Bottom," Prechter Says: Why That's Not Such Good News

All my business costs are going up, I go to the store and prices are going. Plus inventories are down, Sorry if I do not see the risk of deflation. Yes the dollar index will go up because other countries made the same mistakes as we did since September 2008 but that does not mean we are not going to see inflation.

This is very interesting and I think Mr. Prechter is extremely spot on. I have been calling for a crash in gold and oil for sometime. I made a nice little six-figure trade shorting oil in 2008, maybe I can do it again in 2009. Good luck with your trading!

The investment Guru's I listen to think the dollar has bottomed out to. Their opinion is based on some other indicators as well but they don't seee the dollar running up for as long as Mr. Prechter does........I am guessing Mr. Prechter believes the next major economic depression will have little to do with the US losing private sector/manufacturing jobs left and right, that we'll become a nation reliant on service industries/health care (for baby boomers) and Gov jobs. This scenario can only support itself for about 5 years before it hits a brick wall........Well at least the Feds are prepared for a potential meltdown, they'll have the latest in G5 jet's, still partying every Wednsday (let them eat cake), be exempt from single payer or Gov healthcare (only the best for the party leadership) and the beat in retirement plans (You better pay kickbacks to the Joker's Mafia faithful or else his media/acorn will character assassinate you and your business.

why does he need factors 2 and 3 ?

Heck, even the shoeshine boys are in on the inflation trade!

Can only say Prechter has no idea what he is talking about. The dollar is weak due to the printing of money, end of story.

Lets face it, the central bankers control the forex. With all the debt in America the dollar should be a lot lower. This is a rigged game stay out.

Prechter's an original thinker and his ideas are worth consideration. Is the market recovering or are we just in a typically fierce bear market rally before plunging to new and deeper lows? We're in the early stages of a greater (by an order of magnitude than the last) depression (most economists think the "recession" is over). And, deflation (most analysts are wary of inflation), at least for some time, before possibly swtching over later to hyperinflation.

INFOMERCIAL

WHAT ABOUT WEATHER FORECAST? THIS GURUS MAKE GOOD LIVING TO MISLEAD US AND TELL WHAT THEY ORDERED TO TELL FOR THEIR PAY.DIRTY JOB.

Robert Prechter is the anti-Peter Schiff. Which means he's wrong. The Fed is printing hundreds of billions of dollars out of thin air and he says we are at the start of a dollar bull market? Mr. Prechter...put the crack pipe down.

If you had followed Prechter's timing and advice over the last 15 years you wouldn't have any money left anyway!! But who knows THIS TIME he just might be right!!!

My crystal ball say's put your faith and invest in God...it will pay off 100 fold!

BIG LIE. PREPARE HANDCART FOR MONEY. ZIMBABVE? CAN BE?

Time to surf the wave

Commercial real estate is in freefall. The banks are already getting desperate for another bailout and the states need bailing out, as well. Unfortunately, the people are tapped out. Therefore, the government will print money and borrow to make the bankers whole on their losses. This will exacerbate the extant economic weakness. The toxic combination of lower economic production and monetary expansion will eventually severely weaken the currency, basis gold. For those not positioned for a collapse in global fiat, my suggestion would be to buy gold on any rally in the dollar. Avoid foreign currencies, as all paper money will meet the same fate.

My dear friend, legendary oil and gas man and expert mining investor believes that Robert Prechter is WRONG. The dollar will not strengthen significantly, inflation wll soar - just because it is expected and the government knows it has the people's tacit support for such devaluation. Furthermore, the trade in precious metals is not over and chartist are right only about once in 20 years and this means that Prechter is overdue for a big win and is forcing it with this cockamamey theory. I don't subscribe to this creepy "strong dollar" contrarianism.

Prechter is like the schill that is in every three card monty game. NoBama is the dealer at the moment and a damned good one....it is fixed. you can't win nothing on this corner. Use your head(common sense) the dollar is f**ked. Gold is manipulated. but if you buy in on the dips...you should survive and make a few bucks.

The dollar has not bottomed. It will bottom at about half its current value, probably well into Obama's second term... Or maybe his third.

if you bought a stock in a company that suddenly issued a lot of new shares while you held it, it's likely the price of that stock would go down in lue of such equity dilution. this is exactly what is happening to the dollar as government prints them against trillions in new debt that some next generation will have to deal with. as soon as world economies who signs of real recovery, the dollar will crash as the reality of the lost of it's fiat value sets in. Prechter is a technician - and when a technician imposes his theories against fundamental reality, he is bound to be wrong.