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To: Hojczyk

This reaction in the market (and metals prices) is as emotional as these posts. The dollar’s strength is based PURELY on confidence in America and its capitalist system.

Absolutely NOTHING good has happened to the American system for over four years that would provide a solid reason for confidence in the dollar to increase. Our economy (and its data) is a total disaster and getting worse, not better. And the world knows it.

The dollar is NOT getting stronger. It will require a good reason for that to happen and while we have a government that is hellbent on destroying our economy, with the world watching and warning, that will not happen.


8 posted on 12/20/2012 7:33:39 PM PST by EagleUSA
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To: EagleUSA

I agree completely.

Maybe I should have said the US dollar is going up “for now”.

We will pay the piper, however it may be that the US economy is the best of the bad around the world.

You might like this:

Europe is toast, Japan is toast, etc..

https://www.youtube.com/watch?v=JUc8-GUC1hY


11 posted on 12/20/2012 7:39:39 PM PST by Zeneta (Why are so many people searching for something that has already found us ?)
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To: EagleUSA

Absolutely NOTHING good has happened to the American system for over four years that would provide a solid reason for confidence in the dollar to increase. Our economy (and its data) is a total disaster and getting worse, not better. And the world knows it.

Amen! Thanks for this post!


19 posted on 12/20/2012 8:23:14 PM PST by Huskrrrr
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To: EagleUSA

Some of us bought lots of USD. ;)

Buy low, sell high.


28 posted on 12/21/2012 12:50:15 AM PST by JCBreckenridge (Texas is a state of mind. - John Steinbeck :))
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To: EagleUSA

“Absolutely NOTHING good has happened to the American system for over four years that would provide a solid reason for confidence in the dollar to increase. Our economy (and its data) is a total disaster and getting worse, not better. And the world knows it.”

Agreed. When do you think the bottom will actually fall out? Its not if its when.


31 posted on 12/21/2012 2:23:47 AM PST by saneright
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