Dollar's on fire!

[Nate K]

If anyone's watching, it's going up, good news.

 

[acptulsa]

If anyone's watching, it's going up, good news.

Ha! The death of the bailout is certainly a sign of a stronger dollar than we would have had if it went through!

Hey, Toto--there is intelligent life in the universe!

 

[freelance]

Thank you God. Let it go a little higher before I convert.

 

[theoakman]

If anyone's watching, it's going up, good news.

meaningless. We still have the most fiscally irresponsible government in the history of the country along with a multitrillion dollar trade deficit.

 

[Mini-Me]

meaningless. We still have the most fiscally irresponsible government in the history of the country along with a multitrillion dollar trade deficit.

+1. Short term trends are always volatile. The dollar is in serious long-term trouble no matter what happens with the bailout. Of course, the bailout would have done even more damage, and it still probably will. I don't see the establishment letting this go quietly - they've already gotten wayyy more people to support the bailout through their media blitz. In my opinion, it's sadly just a matter of time...though I'll definitely jump for joy if I'm wrong.

 

[weatherbill]

one reason for the dollar rise could be alot of countries are buying the dollar for oil to stock for their winter supplies, since all oil (almost all oil) is trade only in us dollars...... but you are right, long term dollar troubles are ahead..... whoever is patient will make out well.

the baksters could also be proping up the markets superficially....they certainly have dropped th eprice of silver with theie paper short selling and now more and more, people are no longer paying attention to that ny price...it is buy fraud, as ebay is selling for $18-$20 an ounce for physical silver.....

love Jason Hummels silverstockreport......!google it, great reading and updates

 

[Scribbles]

I agree the dollar is on fire.

It's been burning people for awhile.
It may be hot today.
And just as fires do, its going to burn out, and leave people with nothing but ashes.