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horgad
1000+ Penny Miser Member
USA
1641 Posts |
 Posted - 09/12/2008 : 14:40:01
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Needs to ease up on the meds...
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A Surprising Haven Emerges for Investors
...global investors fleeing the turmoil were flocking to a surprising safe haven: the American dollar.
"Based on the average length of the currency cycle, I would say we have just ended seven years of dollar weakness and are now looking at seven years of dollar strength,"
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Edited by - horgad on 09/12/2008 14:40:27 |
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kavajava
Penny Collector Member
USA
490 Posts |
Posted - 09/12/2008 : 16:01:45
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| Either ease up or take more and trade me some of his silver for my FRN's...but he probably doesn't have any silver... |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 09/12/2008 : 16:26:08
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"Based on the average length of the currency cycle, I would say we have just ended seven years of dollar weakness and are now looking at seven years of dollar strength,"
.........as long as you ignore the runaway deficts, mountian of debt, trade deficit, the rise of the Euro as an alternative currency, etc.etc.etc. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/13/2008 : 01:45:52
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Somebody is listening to that dribble - US$ gained on the Loonie by 2 cents this week. Oh and only 2 bank failures in Canada in the last 80 or so years... No forclosure issues, a decent government that is not overspending way to much.. ya makes lots of sense that the US$ is gaining on the Canadian Dollar.
The logic sounds straight out of Exodus... |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
Edited by - jadedragon on 09/13/2008 01:56:06 |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 09/13/2008 : 03:37:20
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Hoarding my Canadian until the ratio returns to reality.. then I am shipping it to legacypac.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Delawhere Jack
1000+ Penny Miser Member
USA
1680 Posts |
Posted - 09/13/2008 : 07:32:40
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I read this yesterday and just laughed, and laughed....
Silly journalist, you can't just transcribe what Wall St or the Fed faxes out as press releases... Still laughing. It did lighten my mood a little though, like they say, sometimes you've gotta laugh to keep from crying. |
"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson
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