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I don't know too much about FOREX, but Karl seems to know what he's talking about most of the time.
1 posted on 02/16/2009 7:47:40 PM PST by dangermouse
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To: dangermouse; All; sickoflibs; rabscuttle385; NormsRevenge; Grampa Dave; SierraWasp; Marine_Uncle; ..

Alert ping!


29 posted on 02/16/2009 8:02:27 PM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: dangermouse

We’ll all be poor together.


30 posted on 02/16/2009 8:02:43 PM PST by divine_moment_of_facts
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To: dangermouse

I have a house in the mountains...really just a shed ....Should I start packing?


33 posted on 02/16/2009 8:03:58 PM PST by Dallas59 ("You know the one with the big ears? He might be yours, but he ain't my president.")
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To: dangermouse
The socialist scheme of the Cloward-Piven Strategy maybe a factor.
40 posted on 02/16/2009 8:08:06 PM PST by Man50D (Fair Tax, you earn it, you keep it!)
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To: dangermouse

Another real-time observation from http://www.jsmineset.com:

“An unwind is taking form right now, this minute, (9:10PM ET) that may or may not be contained by international Central Bank action.

“Even if central Europe does not financially implode the world money system today, it is just around the corner.

“There are so many risks threatening us now that survival of any monetary status quo is doubtful.

“Protect yourself.

“It has hit the fan, right now, and all that is thanks to OTC derivative manufacturers and distributors.”


43 posted on 02/16/2009 8:09:23 PM PST by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: dangermouse

See #46.


49 posted on 02/16/2009 8:11:27 PM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: Candor7

Saw this and thought of you! Sounds kind of urgent.


50 posted on 02/16/2009 8:11:33 PM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!!)
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To: dangermouse

51 posted on 02/16/2009 8:12:23 PM PST by HangnJudge
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To: dangermouse
if this happens Bernanke will have killed us (in the US) by extending those swap lines all over the planet during the last six months

Someone please explain!

What's the likely long-term effect of this short-term dollar run on commodity prices?

55 posted on 02/16/2009 8:13:34 PM PST by cmj328 (Filibuster FOCA or lose reelection)
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To: dangermouse

57 posted on 02/16/2009 8:13:48 PM PST by HangnJudge
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To: dangermouse
Sorry all...my low, sloping forehead means I have to get too close to the keyboard resulting in my slack jaw allowing drool to spill on to the keyboard, so I only have seconds to type...

As I read, all I am getting is the equivalent of Charlie Brown's teacher talking.

In my language, if I go to Walmart tomorrow with my Visa Check card, a) will it work, and

b) should I buy the underwear and socks I really, really need, or more ammo?

61 posted on 02/16/2009 8:15:23 PM PST by IrishPennant ("We're surrounded...That simplifies our problem.")
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bookmark


76 posted on 02/16/2009 8:20:59 PM PST by DocRock (All they that TAKE the sword shall perish with the sword. Matthew 26:52 Gun grabbers beware.)
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To: dangermouse

ping


79 posted on 02/16/2009 8:21:21 PM PST by unkus
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To: dangermouse

http://www.fxstreet.com/rates-charts/currency-rates/

there isn’t much change here that I see...


87 posted on 02/16/2009 8:25:32 PM PST by RaceBannon (We have sown the wind, but we will reap the whirlwind. NObama. Not my president.)
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To: dangermouse

http://www.fxstreet.com/rates-charts/currency-rates/

Click on live cuyrrency rates on the side and choose the US dollar

I think this is a hoax


101 posted on 02/16/2009 8:31:52 PM PST by RaceBannon (We have sown the wind, but we will reap the whirlwind. NObama. Not my president.)
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To: dangermouse

probably Clinton’s trip to Asia.
Is there a run on pantsuits?


105 posted on 02/16/2009 8:33:24 PM PST by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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To: dangermouse

Not sure they want dollars so much as they want to sell dollar denominated assets.


111 posted on 02/16/2009 8:35:38 PM PST by djf
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To: dangermouse

bump for tomorrow.

Thanks for the post.


125 posted on 02/16/2009 8:45:05 PM PST by the crow (typical and bitter)
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To: dangermouse

Hey, I did my part.

I bought a Polish canned ham yesterday at the supermarket.

You all can thank me tomorrow.


132 posted on 02/16/2009 8:50:01 PM PST by VeniVidiVici (If the Democrats wish to foist national health care on Americans, give us the same plan Congress has)
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To: dangermouse
I noticed this happening at the time because I was holding a temporary short position in the USDollar/CanadianDollar, and the trade went exactly the wrong way I expected it to go, and it did it very quickly. It was a dramatic shift across most major currencies and I couldn't account for it from any of the usual sources. It puzzled me, but this seems to explain it.

The currency markets have been quite hinky lately. Something is happening below the surface. The markets have quieted down now but who knows what tomorrow will bring?

137 posted on 02/16/2009 8:52:09 PM PST by Gritty (Explaining the economy to dumb people is impossible in 30 second commercials-Ted Nugent)
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