Showing posts with label dollar. Show all posts
Showing posts with label dollar. Show all posts

Wednesday, August 17, 2011

Defend the dollar

Defending the dollar is important says ric perry. There are those who like to waste money. For far too long they have dominated our gov. Well, those days are over. People need fiscal repsonsibility now more than ever. Citizens, we must defend the dollar.

To allow its collapse would be he end for all of us. Politician need to realize what the stakes are in this game. Otherwise, for USA it will indeed be game over.

Friday, November 19, 2010

Dollar lower against yen

US dollar continues to go lower against japanese yen. There is now a chorus of cries. People are indeed starting to worry. So far, we see no actions to defend our dollar against further erosion. Fear does abound of a coming collapse of our currency. How much longer can this game go on? Yeah, I did say game. Ben Bernake defends his scary actions saying that QE2 is necessary. He says it will keep our economy growing. Well, if you believe that, you might just want to buy the Brooklyn Bridge and a florida swamp.

Friday, October 01, 2010

Dollar weakens

Dollar weakens to a six month low against the euro. This is not good news. OK so this fall of the dollar sent gold soaring. Right now it is above $1300 an ounce. People around the world are losing faith in our money. Actually, this will lead to inflation and interest rates rising. Folks, we are in trouble max serious. There is now a currency crisis. When are we gonna learn that we cannot continue to run our printing press. Dollars are the only product made in america, as in green pieces of paper.

Tuesday, December 15, 2009

dollar falls, oil rises


There are many reasons. OK some see rising tensions with iran. Others point to looming shortages of petroleum products as well as china using more gas for cars. I focus on how our gov did crank up the printing press.

Basically the more dollars we print the less they are worth as money. That is why we need to focus on getting ready for a rapid rise in oil prices next year. The future price of oil is going way up.

Thursday, November 12, 2009

↯Dollar is dropping


Gold rising on $1118, a new record as dollar drops. People who purchase precious metals will see a rapid rise in prices. However, inflation will soon afflict our nation. HDRKID is coming out with new movies.

Wednesday, November 04, 2009

Dollar is dropping


Dollar is falling fast. This should not come as a surprise. I have predicted dollar demise for some time now. Sadly, Oil shot up over $80/b crimping the wallet of consumers. Gold today hit another record high. Those that told me to sell yellow metal and get green pieces of paper are now strangely silent. I plan to buy bullion next week. Hope a pullback will allow me to lock in more gold as the dollar continues its downward decline.

Monday, October 26, 2009

Dollar is poor

The dollar devaluation continues as euro hits a new fresh 14 month high against our greenback. At some level many countries will start to dump the dollar. How long do we have before we go into free fall?

Wednesday, October 07, 2009

oil prices rise


There are those who say an economic recovery is the reason. Actually, oil is rising because we are running out. Also, a drop in dollar help push it higher. The problem is we hit peak oil in 2005, so petroleum prices are going up. Future price of oil is much higher than now.

Tuesday, October 06, 2009

Time running out as US Dollar continues its fall


The season if fall. A lot more than leaves are falling, as in currency. The green pieces of paper continue to lose value. Fall of dollar is sharp as rumors abound of Saudi Arabia switching from dollars to euros. This could send gold soaring. It is already over $1000/oz, rising as we speak. Yellow metal is doing max plus. In fact, gold prices in future are much higher than now. I predict we will see $2000/oz on aurum soon.