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Anyone watching the dollar?
- Thread starter MrDODGE
- Start date
Quote from Pa(b)st Prime:
It's Cheneys daughter, doofus.
Worst in history? Why? Because the EURO is 1.59? LMFAO.
Americans are whining bitches.
No one in the world needs to work less for global commodities than we do. Gas is 9 bucks a gallon in Europe. In Mexico it's only $2.40. Sounds like a great deal until one realizes the median wage in Mexico is just $19 a day.
Inflation is running double digits EVERYWHERE including Saudi Arabia. Would you rather be a wage slave in Denver or Sao Paulo? We're BLESSED.
Much of this weakness as of late is Obama driven. Investors ain't waiting around to see what their 2009 cap gains rate will be.
May surprise some folks who just started trading but the dollar is NO WHERE NEAR it's all time lows against either the Pound or the Yen.
Cost of Iraq in GDP? 2%. Cost of Nam? 12%. WWll? 40%
Unemployment in 1982? Over 10%. Interest rates then? 16% The DOW? 700. The murder rate? Almost double. Yea these are REALLY HARD TIMES. Whatever.
I know, I was talking about his unmarried daughter, who will likely turn into either a dyke, or get caught making porn...
There's no question that on a relative basis, things are better here...but it's slipping and slipping quickly, no doubt thanks to a populace who turn a blind eye as to what's going on under the surface...
Well shit, if the Dow was at 700 25 years ago, and it's at 11000 now, things must be good, right?
our elected officials continue to break the most heinous laws
they are not securing the borders
they continue to expand the empire
they lie lie and lie some more
All this is making us less safe
and if you don't see that, then you have been blinded by the Ipod / Starbucks / Fox News euphoria...
Rome is burning...
Your stats are what is coming..
Unemployment, BTW, is probably closer to 10% than 5%..
Same with inflation..
The S&P, in real terms, is trading 13 year lows...
Here's some more stats..
If we were on a gold standard, crude oil would be $4 / barrel..
Our arrangement with the Saudis has all but assured that your children and children's children will be fighting wars 6000 miles away for the next several generations....
Quote from PohPoh:
If we were on a gold standard, crude oil would be $4 / barrel..
How can you come up with this statement? Just by taking today's gold prices and doing simple math? You can't do that - I mean, you can, but you're completely wrong. If we were on a gold standard, the dollar wouldn't be this low, gold wouldn't be this high, and neither would crude. But it wouldn't be $4 a barrel for certain - but much higher.
He's rite. Draw a chartQuote from Ivanovich:
How can you come up with this statement? Just by taking today's gold prices and doing simple math? You can't do that - I mean, you can, but you're completely wrong. If we were on a gold standard, the dollar wouldn't be this low, gold wouldn't be this high, and neither would crude. But it wouldn't be $4 a barrel for certain - but much higher.
Quote from Pa(b)st Prime:
Just wait. Obama will lead us into a war so deadly (in either Iran or Pakistan) plus the economy will tube so badly that the follies of Bush will be a distant memory to historians.
The carnage is in the 3rd inning.
Well, let's wait and see, Pa(b)st, if you can improve on your prediction record with that one.