U. S. Dollar Has Worst January In 30 Years! Ep. 225

Published: Feb. 2, 2017, 1:49 a.m.

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\\n \\t* The month of January came to an end, and it didn\'t play out the way most people believed it would
\\n \\t* Remember when the year began, everybody was optimistic on the U.S. dollar
\\n \\t* Remember I said that it was the most crowded trade
\\n \\t* It was just like gold the year before
\\n \\t* Everybody was convinced that now that Trump was President we were going to have all this fiscal stimulus
\\n \\t* The Fed was going to be tightening rates more aggressively
\\n \\t* The dollar had no place else to go but up;
\\n \\t* Everybody started the year long the dollar
\\n \\t* I just read that this was the worst January for the dollar in almost 30 years!
\\n \\t* For all the fanfare and the hype about Dow 20,000
\\n \\t* The Dow was only up about .5% in the month of January
\\n \\t* You would think that it was much higher than that
\\n \\t* And of course, measured in any other currency, the Dow was down quite a bit
\\n \\t* In fact, if you just look at our mutual funds
\\n \\t* To just give you an example of what\'s going on overseas
\\n \\t* First of all, our Gold Fund up 12% in the month of January
\\n \\t* But my International Value Fund was up 6.5% in the month of January
\\n \\t* That fund is the #1 fund on Morningstar so far in 2017
\\n \\t* It was also the #1 fund in its category of 400 or so for all of 2016
\\n \\t* And it\'s already the #1 fund for 2017
\\n \\t* But if you look at the returns that are being achieved internationally
\\n \\t* Investing outside the dollar
\\n \\t* Investing in gold stocks
\\n \\t* That\'s where all the money is being made
\\n \\t* It\'s not being made in the U.S. Stock Market
\\n \\t* In other currencies, it\'s actually, it\'s only up in dollars
\\n \\t* But it\'s down in terms of just about every other currency
\\n \\t* So you wouldn\'t know that from listening to the pundits
\\n \\t* Everybody is so excited about what\'s going on
\\n \\t* Again this is probably how it all started when George Bush came in
\\n \\t* People were still initially enthusiastic about what was going to happen
\\n \\t* But the honeymoon didn\'t last long
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