Posted on 05/30/2011 9:28:01 PM PDT by Nachum
This chart was created Monday evening so anything could change between now and the opening on Tuesday, yet at this time tonight, some key support is giving way in the U.S. Dollar!
CLICK ON CHART TO ENLARGE
As the U.S. Dollar is breaking support the Australian $ is looking like a buying opportunity is at hand below-
(Excerpt) Read more at ewallstreeter.com ...
Is this a blog of some kind? How about more details and less hysteria. Try that and maybe I’ll click.
Memo TurboTax-cheat Geithner and idiot-ridden Bernanke, kkthxbye. =.=
The charts on current trading are at the site.
Well, you COULD post some detail. Or a synopsis. Does everything have to be a flog of a blog around here?
Let’s beef up these excerpts, folks. More detail, and less allcaps and exclamation points, please.
Cow bell, maybe.
Listen, Larry, some threads are pulled because the poster must only provide a link. To memorize who and what can be a bit**.
Furthermore, Jim Robinson doesn’t want us to copy blogs, just link to them. He’s the boss and what he wants....well, you get the picture.
By the way, I always provide a synopsis. Readers deserve something to whet their interest.
...another kind of QE: global, maybe, for Greece? That’s the only cause that I’ve seen so far, unless maybe they’re reacting to likely, eventual QE here.
It seems to jump around a lot. I’m suspicious of the fed to begin with but the jumping around makes me more suspicious.
What I mentioned:
Germany Humiliates Itself By Conceding To A Second Greek Bailout, EUR Predictably Jumps Briefly
http://www.freerepublic.com/focus/f-news/2727355/posts
The US dollar decline is simply a result of the strengthening of the Euro tonight - due to the deflationary debt mess going on in the European Union (strengthening of currency is not always a good thing).
This move has nothing to do with the US dollar, and everything to do with the EU.
I’m wondering. Reuters actually had a story on how the world might go off the dollar standard.
You know, when this disaster happens, it’ll happen all at once. And the Obama loving MSM will have the nerve to be shocked, just shocked.
The first four words contradicted the rest of the statement.
In what way?
It says that the US dollar decline tonight is absolutely, directly being caused by the strengthening of the Euro. What's contradictory about that?
Everything. ;) How’s China doing ace?
You just insulted me. It’s not easy to do BTW. Congratulations.
You need sleep - or an understanding of macro economics.
China is simply a factory nation that depends on the U.S. and Western Europe for its economy.
The fact that Western Europe and the U.S. are both mired in deflationary spirals (being masked in the U.S. by enormous deficit spending) means that China's days are numbered.
China will need to open up large amounts of trade with Brazil and India in order to keep their people busy. This will cause a massive devaluation of the yuan - making cheap Chinese junk even cheaper for us.
Did I answer your question?
How did I insult you? By asking you to support your point?
Keep an eye on the European Union. It is ready to spin apart, due to deflationary pressures brought on by the international banks.
The same thing is happening here, but we are able to deficit spend and kick the can down the road for a little while. Individual countries within the EU do not have that luxury.
The US is really getting knocked around.
piigs and such? wut the hell? I want a dollar...
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