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Dollar Loses More Ground [Don't look now, but.....Dollar Death Accelerating]
The Wall Street Journal ^ | 04/28/2011 | STEPHEN L. BERNARD

Posted on 04/28/2011 8:03:50 AM PDT by Rich21IE

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To: familyop

Thanks for the explanation.


61 posted on 04/28/2011 3:48:18 PM PDT by Ballygrl
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To: Jane Long

I got an old dime in change yesterday.

A Canadian dime.

A 1941 Canadian dime.

The other day, I got a 1929-S Lincoln cent. Pretty worn, probably would be Fine condition.


62 posted on 04/28/2011 3:55:37 PM PDT by djf (Dems and liberals: Let's redefine "marriage". We already redefined "natural born citizen".)
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To: Rich21IE
once they smell blood in the water, real or imaginary, it will go out of control...
63 posted on 04/28/2011 4:05:42 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Rich21IE
spend-em if ya got-em???
64 posted on 04/28/2011 4:09:17 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Rich21IE

All part of the big redistribution plan. Inflation and a collapsing dollar are inevitable outcomes Obamanomics. Those of us who lived frugal lives and attempted to save for retirement are rapidly headed for penury. Thus the “wealthy” are stripped of their savings as Obama redistributes the product of our hard work to the entitlement classes.


65 posted on 04/28/2011 4:52:22 PM PDT by catnipman (Cat Nipman: Made from the right stuff! "Anybody but Obama in 2012!")
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To: TSgt

Horrifically hilarious.


66 posted on 04/28/2011 5:23:23 PM PDT by Dr. White
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To: catnipman

You need to step aside from the theft. Buy gold, silver, commodities with at least a portion of the $’s you have to preserve your accumulated wealth. You see it coming - do something about it.


67 posted on 04/28/2011 5:46:36 PM PDT by GregoryFul (Obama - Jim Jones redux)
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To: CottonBall

“My hubby keeps saying how much gold and silver are rising. I keep correcting that they are not rising so much as the dollar is dropping.”

That’s absolutely right; the dollar is also dropping against oil, food, etc.; the only place prices are falling is where there is no demand anyway: homes.


68 posted on 04/28/2011 7:31:20 PM PDT by kearnyirish2
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To: dalebert

I am IN Mexico on vacation (Cancun). Feb 2009 - 1.6 Pesos to the dollar. November 2010 - 1.4 Pesos to the dollar. Today, 1.1 Pesos to the dollar (and falling). Your post insults Mexico who has a more stable currency than our own (in spite of drug wars in the border towns). Obama has a team of college professors who never worked in the private sector playing a financial strategy game with real consequences for US citizens.


69 posted on 04/28/2011 7:32:18 PM PDT by JudyM
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To: djf

“I got an old dime in change yesterday. A Canadian dime. A 1941 Canadian dime. The other day, I got a 1929-S Lincoln cent. Pretty worn, probably would be Fine condition.”

Last year I used this as an indication to me that the recession was far from over, and a recovery hadn’t even started yet: I was getting too many wheat pennies and bicentennial quarters in my change. Now that they’ve turned up less often, I can only assume that those who could keep them have snapped them up out of circulation, while those who had to spend them are tapped out.


70 posted on 04/28/2011 7:34:19 PM PDT by kearnyirish2
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To: JudyM

sorry for insult to Mexican currency


71 posted on 04/28/2011 7:35:40 PM PDT by dalebert
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To: cherry

Canadian money is doing well (around par, sometimes better); that actually presents a problem for them, as they benefited from having a weak dollar versus the $US (for touriam & trade). Now Canadians will actually shop on our side of the border, since their sales tax is punitive.


72 posted on 04/28/2011 7:37:14 PM PDT by kearnyirish2
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To: Eleutheria5

“Buy gold. Not futures. Not options to buy futures. Just gold...and a shotgun and a shack in the woods.”

And toilet paper; lots of toilet paper!


73 posted on 04/28/2011 7:38:49 PM PDT by kearnyirish2
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To: Buckeye McFrog
Sometime around 1960.
74 posted on 04/28/2011 7:39:41 PM PDT by hinckley buzzard
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To: CottonBall
Actually it is both. Part of the price of gold and silver is due to the rise or fall of the dollar. Part of the price is due to normal open market trading. If you go to Kitco.com/ they break it out for you in dollars and cents.

There is no category called "backwards."

75 posted on 04/28/2011 7:46:07 PM PDT by hinckley buzzard
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To: Jane Long

My husband’s Grandfather bought a bunch of proof sets of 1963 coins....his mother just recently gave them to us (she’s oblivious). His grandfather KNEW...(he’s been gone since 1979.)


76 posted on 04/28/2011 7:50:18 PM PDT by goodnesswins (Unlike the West, the Islamic world is serious.)
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To: dalebert
Will someone please tell congress..I think the president knows and approves.we are looking more like Mexico everyday

The RAT bastard commie pig 0dumb0 could care less, and Yes, I believe as well this is his plan to bankrupt & destroy our once great Nation, the greatest Nation in this history of the world, I believe. Odumbo & the demoRATs are of their father, the DEVIL, and hate America with a passion due to its foundations & founding fathers based on Biblical values & principles.

And you're right Congress doesn't care, as long as they keeping spinning the truth & getting elected in election after election until our Nation's destruction is complete. And they will never accept responsibility for their fingerprints all over our Nation's destruction.

I think we will be the American version of Zimbabwe. The entire demoRAT leaders & most of the Repubs (Rinos, Cinos) need to be strung up at the nearest lampposts for being the traitors they are.

77 posted on 04/28/2011 9:36:56 PM PDT by rcrngroup
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To: kearnyirish2

Also canned cream corn. That way the hard tack and stale biscuits will have a way out, and you can use the toilet paper.


78 posted on 04/28/2011 9:57:50 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: Eleutheria5

: )


79 posted on 04/29/2011 2:07:27 AM PDT by kearnyirish2
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To: dalebert
we are looking more like Mexico everyday.

In more ways than one.

80 posted on 04/29/2011 7:32:28 AM PDT by ecomcon
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