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1 posted on 05/04/2009 1:13:39 PM PDT by mikelets456
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To: mikelets456

...Bob Brinker doesn’t think so, for what it’s worth.


2 posted on 05/04/2009 1:14:51 PM PDT by MSF BU (++)
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To: mikelets456

Aren’t they spending like drunken Obamites over there too? Question is, who is going to win the race?

The NappyOne


4 posted on 05/04/2009 1:16:51 PM PDT by NappyOne
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To: mikelets456

A bet on the dollar is a bet on Obama.

Right now he is still fairly popular. Watch what happens to the dollar if he becomes unpopular.


6 posted on 05/04/2009 1:23:07 PM PDT by PGR88
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To: mikelets456

Wait a minute......are you saying that if I owe a whole bunch of money, that I can’t pay back, borrowing more won’t help? I’ll be darned. I didn’t know that.


8 posted on 05/04/2009 1:25:05 PM PDT by RC2 (WE ARE A REPUBLIC.......act like it.)
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To: mikelets456

“Beginning” its decline????


9 posted on 05/04/2009 1:27:01 PM PDT by SandWMan (Even if you can't legislate morality, you can legislate morally.)
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To: mikelets456
Is the dollar beginning it's decline?

Is the Pope Catholic?

Was the Prophet Mohammad a child molester?

Is Obama a sneaky little bitch?

.....Yes, Yes, Yes and Yes. Of course the dollar is declining.

10 posted on 05/04/2009 1:28:22 PM PDT by Jeff Gordon (I don't trust Obama with my country. Do you?)
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To: mikelets456
Just print a few trillion dollars up, then burn them.

By removing all those dollars from the pool, you'll make the remaining dollars more valuable.

If this doesn't bring up the value enough, then just print another few trillion and burn them.

It's foolproof.

11 posted on 05/04/2009 1:30:19 PM PDT by Born to Conserve
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To: mikelets456

Well, here’s a chart. The dollar did fairly well for a while, because other countries were having even worse economic problems. But Obama has been spending money like there’s no tomorrow, so that will probably shift.

http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=0&mn=4&dy=0&id=p24903662436

Peter Grandich, who has a pretty good forecast record, has come out recently with a VERY BEARISH report on the dollar. I can’t link to it here, but here’s an earlier report of his:

http://news.goldseek.com/Grandich/1230739382.php


12 posted on 05/04/2009 1:31:57 PM PDT by Cicero (Marcus Tullius)
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To: mikelets456

Almost time to max out the credit cards ;)


13 posted on 05/04/2009 1:33:53 PM PDT by Centurion2000 (We either Free America ourselves, or it is midnight for humanity for a thousand years.)
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To: mikelets456

I’d like to know why the stock market is doing so well.. suspicious.


14 posted on 05/04/2009 1:33:53 PM PDT by divine_moment_of_facts
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To: mikelets456
No.

The dollar has been falling occasionally without much interruption since 1973. But it isn't going to zero. The financial crisis consisted (and consists) in an epic crowd of credulous fools all betting that it would at once, all being wrong.

If the dollar in the future were going to be worth zero, borrowing dollars to buy any real asset in existence would be an automatic win. Everybody tried that, and they can't pay back the dollars, because those dollars are not worth zero, but oh about 3-4 times as much as the reckless bettors expected (in oil, in houses, in every industrial commodity you can name...).

Central banks that tighten enough to break bubbles even if it wipes out $10 trillion in wealth do not see repudiation of their currencies. It is all reckless slander and always was. Stop regurgitating it, already.

15 posted on 05/04/2009 1:40:54 PM PDT by JasonC
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To: mikelets456

All the metals were up today, energy was up, the Euro and the Sterling were both up. So maybe.


21 posted on 05/04/2009 1:47:14 PM PDT by NeoCaveman (control the teleprompter, control the world)
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To: mikelets456

It may have. I’ve bet on the dollar’s demise personally.

Of course, it may go back and forth over the next couple of years, but the trajectory is down. Below 80, I’d get out completely.


29 posted on 05/04/2009 2:14:26 PM PDT by OpusatFR (Those embryos are little humans in progress. Using them for profit is slavery.)
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To: mikelets456

Inflation is dead, kid. D E A D.

They’ve been searching for inflation since 1989 in Japan...can’t find it.

Won’t find it here for years, either. Maybe longer.

...but...

You’ll see lots of people continuously promising you that “it’s just around the corner.”

They’re clueless.

Inflation isn’t even close.


30 posted on 05/04/2009 2:18:54 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: mikelets456

Just looking for people who might have an insight as to whether gold / silver or (?) is the best investment to fight inflation.

I worry about Gold because if the Government tries to seize it like they did in the past we are screwed. Silver or (?).

I have to invest somewhere and I don’t want to invest what little I do have in the stock market.


53 posted on 05/11/2009 7:23:24 PM PDT by jongaltsr (Hope to See ya in Galt's Gulch.)
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To: mikelets456

gold over 920 ... silver over 14.25 ... see my profile page for current spot prices


57 posted on 05/12/2009 5:41:39 AM PDT by TheRightGuy (I want MY BAILOUT ... a billion or two should do!)
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