| Author |
 Topic  |
|
|
Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 06/20/2010 : 18:23:22
|
Dow futures up 123, SP500 futures up 15. Could be a big up day in worldwide stock markets.
You must be logged in to see this link.
|
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
|
Edited by - Country on 06/20/2010 20:12:42 |
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 06/20/2010 : 20:30:34
|
| Perhaps a big day for PMs too. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
 |
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 06/20/2010 : 20:39:43
|
| If you throw millions more out of work in China how is that going to cause a global recovery? |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 06/20/2010 : 21:25:47
|
quote:
Originally posted by beauanderos
It'll be interesting to see what immediate effect, if any, this has as the ramifications of the change ripple through both economies. 
The international bankers never do anything in which the "little people" don't get screwed over. Immediate effect will be prices at Walmart are going to go up. Long term we will be lucky to bring some jobs back home. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
|
|
cptindy
Penny Hoarding Member
572 Posts |
Posted - 06/21/2010 : 08:25:38
|
In my humble opinion China is preparing to cut us off. There are enough people in that country to be self supporting. They also are shoring up ties elsewhere to continue trade without the US. The writing is on the wall as far as I can see.
Whenever I hear talk that China "needs us" it brings to mind the reality that why would a country so large and in a growth phase such as China settle to be dependent upon a floundering Nation. We have let any opportunity to rectify this relationship slip past us. Always with a snide remark and tone somewhat laughing at the thought. Well, it was not that long ago other nations said the same about Uncle Sam and his small but growing needs.
Why is it they are pushing PM's on their populace as a means of savings? Logically to me there is something in mind as to a beneficial way to induce capital and spendable income into those hands.
The dollar will continue to fall from this point forward, it has reached the peak. The big money will have to find another place to rest. |
"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"
" The average man doesn't want to be free. He wants to be safe."
H.L. Mencken
http://silver-news-today.com/ |
|
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
|
|
wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 06/22/2010 : 00:20:46
|
But doesn't this make us happy? I thought we wanted to be 'unpegged' from the Chinese currency?
Or was that before our economy took a dive? |
"May your percentages ever increase!" |
|
|
|
coppernickel
Penny Pincher Member
USA
131 Posts |
Posted - 06/23/2010 : 12:42:25
|
| Thought there would be more talk in the press about this. |
Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended. |
|
|
| |
Topic |
|
Dollar Weakens as China Ends Yuan Peg to $USD
Forum Locked
