Invesco DB US Dollar Index Bullish Fund (UUP) Options

People’s Bank of China is back in the gold market, buying five tonnes in November $UUP

US dollar reserves drop 14% since 2002 as BRICS and gold challenge hegemony
$UUP

I wonder how much CURRENCIES could be playing a role in the price of freaking.U.S. "assets" (including Bitcoin).

I mean...

The Dollar's been strong around the world (except for in a couple of places)















Most of the currency charts though however, all generally look like that Jap one.




For example ;





Etc., etc.


.

Does this move with the Trump bucks dilution?

~sold em on Wednesday @.09c. Not much liquidity here

~bought 4/17 $29 calls @.07c

Why Silver Could Replace The Dollar $UUP
https://www.kitco.com/commentaries/2018-08-22/Why-Silver-Could-Replace-The-Dollar.html

It’s time

Welcome!

thank you smitter!!

6500 UUP March 19 $25 calls bought .11 today.

$24.00 are worth .62

Big gains if the dollar does squeeze short term.

Leaps are still super cheap. Lots of chatter about squeezing that $34B USD short ???????

thanks bro!

Huge Call Vol being bought UUP

Zero hedge smitty
High possibility for dxy 72 break as early as next year

Should have kept my long turn UUP Puts!

We will be trading in wampum soon

Dollar holla!!

I’d like someone to explain why we even need a CBDC now when all we been doing is QE/MMT for years now?
What’s the urgency for the removal of cash all of the sudden?

Load up on debt, in specifically USD;)
Dxy is cornholed

rebounding as expected

Oh yeah... got out of my uup position today... minor loss to break even... it may not be going anywhere far within my time frame... gonna look for re entry later... or possible other ticker... just gonna have to wait and see... gla uup

Complete lack of faith...? In picture form..? Extension...? Or over extension..? I’m asking... gla uup

US imported record amounts of non monetary physical gold this spring into summer. Gold has a tier 3 collateral stays also. We are going that way, it seems.

If the US was smart they would tie the dollar to Gold and allow folks to buy Gold with US dollars then convert it into US dollars when purchasing for instance. If you own $10,000 in Gold and wanna go to the grocery store you should be able to buy your groceries in Gold with it being converted at spot prices electronically thru your credit card.

I agree the $ is close to losing That Reserve Status.

Pretty much all they can do now.
The MMT slopheads don’t understand what happens if the USD loses reserve status, it would be very dire for USA.....I can tell you this, they wouldn’t be relying on consumerism for 70% of GDP lol
Goodluck

Was funny I was watching an interview with Powell a few weeks back and they asked how the fed can print so much money.

He had a 1 word response. Electronically lol.

Yea if the fed can only print, the USD can only fall

The $ Down down she goes lol

Come to think of it... the only caveat imo would be the complete lack of faith in the $USD..... hmm... gla uup

Fair.. uup

Hey yeah that's a swell post outlining your reasoning....
No need to repeat it in response to the post which I just sent (before reading that).

Thanks



Only thing I'd alter perhaps are your odds a wee bit, to :

25% based off potential inflation... and about 50 % safe haven bet and 25 % Technical Price Chart Magnet

Post and share eh...? Yeah I been known to do that... but lately I’ve been taking a passenger seat to sharing and letting others tell me how this game is supposed to be played... or... at least listen to opposing opinions on both sides to assume a direction... but of course... I do my own thing when it comes to trading... just like to listen and learn sometimes.... but yeah I guess I can post something... just da one for me today... seems a bit over extended imo... just don’t know the exact date yet and I have many day job thingies I’ve been preoccupied with as of late... so other trading vehicles which require constant attention that I’ve been known to trade have been put to the back burner atm... till later at least...

Yeah / no uh - I don't see anything particularly unusual here's....
How's about you'ze guys eh ?.....See anything ?




Evidently, 9 months ago :

What- 1992 ? Boy, why'd I start there ?.....(that was kinda dumb)......
Regardless eh ?.....Man !.....What a swell entry-point THAT was !





ha-ha-ha-ha-eh ?......So there's some figuring that HL's gonna "consolidate" in here huh ?......(query posed to the HL board)
So like, what would that mean ?......Say, a drop down to $ 5.oo ?.....Or ?



The DXY on Tuesday - Day before Powell sent it to 92.50
1982
????




Time for the DXY to bounce ? Or what......Well it's already fallen thru the diagonal line displayed in the 2nd to last chart above.

In fact it's already hit .925 thanks to Powell (1/2 way on a drop down to 90 ?) (which'd probably equate to about the 1.30 Cdn)........





Anyways, sounds like yer wagering on a dollar rebound in here (as opposed to a dollar decline) eh ?.......




Can Mnuchin (etc.) prevent that from falling towards the 1.30 level ?



That's what yer wager is counting on.....Was it based upon charts which were similar to that (those) ?



And if so have u learnt yet how to post & share ?

what can I say to that other than great post. More stimulus coming, its guiding how I am trading the market. Like you said until it all becomes a issue ride it. Who knows how long the bull will run but I do know its a bull I see not a bear

Understood... and I understand why... no need to be scared of cheap financing atm... ride it out until it becomes a problem... we should start to see a spike in the $ as the concern rises imo... imo the gold accumulation is give or take 75% based off potential inflation... and about 25% haven... it’s being misconstrued as a haven bet imo... the only reason for the crazy run up is the over reaction to stimulus... which is diluting the dollar after the $ was the going haven bet... based off imo no inflation from the economy... well we are seeing false inflation based off scarcity not economy... we are diluting the dollar to compete with China for trade... hard to say when exactly it will stop... but I think we’ve currently over reacted when it comes to the dollar... and that ties into many factors as we all know... glty UuP

I am in the same place as far as this goes. Other than that Still remaining very bullish on the markets and trading accordingly GL

Potentially... already up a bit in the position but no need to get excited about it yet imo... still have some time to hash out... its coming... and I bought cheap coverage with this one in theory... but Im actually looking to try and pinpoint my actual gold short here soon... maybe... gonna have to look and see... glty uup

I believe that time is coming near.

Effectively shorted gold with this one... bought aug 21 26c along with aug 21 25p... 3-1 ratio... thinking we get a move back up here and a move down in gold coming up... will potentially acquire a GLD short position next week imo... but haven’t said yes or no to it yet... gla uup

this is so beaten down had to grab some

about ready to pull the trigger here.

Yep bearish downtrend has started!

Next stop 25 lol

Hi, Double! Yeah I don’t post much on ihub anymore but been following wanted to say hi!

I was wrong as well but this time I think we are going to be correct!

Hey smitty. Been awhile. Yea I’ve been watching it like a hawk. USD has to change, or inflation will be worst than the 70’s. US importing record amounts of gold these past few months, from Switzerland. Been many years since that has happened.
$UDN would be the smart play, but I haven’t been right on the USD for years lol.
Goodluck

Dollar UUP TESTING support here. We crash thru it Gold going to $2,000+

We break 26 and it’s gonna hurt lol

Ahh ok! Thanks for the info!

Looks like it’s ex dividend day for Uup.