Friday, June 19, 2009

euro moves up, dollar drops


In what can only be tasked as obvious, we see a decline in the dollar. As I stated before, printing green pieces of paper in massive quantities is not a good idea. Drop in the dollar again, vs euro means that US economy is in trouble. People are moving out of dollar into commodities such as oil, into gold, and yes, into euros. OK so some debunkers said that people would go into stocks, but today the DOWN Jones Industrial Average was DOW again!

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