Posted on 11/14/2014 7:14:51 AM PST by Minsc
How's that working out for you?
My only question is what stocks, instruments, etc. that Joanna is hawking right now and for whom.
As Europe is slowly taken over by the muslims or Russians, the dollar should remain the defacto world currency. But the Chinese will be breathing down our necks.
I actually googled this “Midwestern girl on the east coast”. You seriously aren’t trying to hold her up as the be-all and end-all authoritative source on finance and world economy are you?
This isn’t the first article I’ve seen about the current strength of the dollar. It’s true.
Take a look at the currency charts, pick your source and decide for yourself.
It may seem stronger relative to other currencies
But its absolute value, what goods it will actually buy in the marketplace, is less and less every day.
Time will tell. For now, this is just the dollar being slower in the race to the bottom than the euro or yen.
Even with your assertion, parts of which I agree with, operative, I am not so rosy as to the underlying strength this so-called expert attests. ILLUSION coupled with government subterfuge and behind the scenes actions that just perpetuates debt, liabilities and the true picture may be enough - for a short time, but ultimately won’t prevail.
You can take your buck on our future, that’s okay. It won’t last.
Lower fuel prices can mean lower food prices. We bought our monthly 4 pack of boneless rib eyes at $6.99/ pound this week versus $9.99 last month.
One of the best kept secrets with the crisis in Iraq/Syria/? and other oil producing countries, is how the price of gasoline and oil in America keeps coming down.
Increased U.S. production is helping to create an oil surplus on world markets, driving down prices despite a myriad of threats to oil supplies, and doing more to crush Russias economy than the sanctions imposed by the U.S. and European Union, said Chris Faulkner, chief executive of Breitling Energy.
http://www.washingtontimes.com/news/2014/sep/8/us-oil-surplus-eases-prices-in-global-crises/?page=all
This is also preventing the Opecker Princes from doubling their price on oil to again cause another major economic recession around the world.
The price of oil on the open market is kicking the Opecker Princes, Putin and the thugs in charge of Venezuela really hard below their economic belts.
Yeah....if it’s on the internet, it HAS to be true, doesn’t it?
If you strike me down, I shall become more powerful than you could possibly imagine.
I’m glad there is someone else around here who sees it. On the theory that trends, especially commodity trends, especially currency trends, can sometimes go on a lot longer than you would ever imagine.....I am starting to think the USD “rally” will go on for a heck of a long time. The “dollar to zero” crowd is just simply wrong.
I am not sure how this will affect gasoline more than it has.
So true, Our debt problem will be our undoing if not dealt with soon.
One would think. But GOVERNMENT always finds a way to even out costs with what it thinks they SHOULD be. TAXES....taxes imputed at incentives, punishment and equalization. Any gains from this will be short-lived, IMO. GOVERNMENT has to finance its voter-base largess and they will not stop at just that.
http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=EUR
http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=GBP
Despite interference from the 0bama regime, the steady move toward energy independence and away from mideast oil, should be a big boost to the dollar and the economy.
Most currencies are falling rocks. The dollar is just falling slower than the rest.
Or, is this another sign of deflation? There are many.......
And I guess you haven’t noticed government’s sideways response to fracking, et al via their ‘concern ecoists’ ‘informed research’ about the [ooga booga] terrible effects of fracking on our geological safety?
The true fact is that government, THIS rabidly liberal infested government actually thinks our energy costs should align with other countries (i.e., much much higher) and they will spend their last breaths to make it so.
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