FX market. I say Buy$ dollars now. I mean lots of $Dollars.

Discussion in 'Stock Market' started by 52ndStreet, Jun 15, 2012.

  1. 52ndStreet
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    52ndStreet VIP Member

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    As a former assistant Foreign Exchange trader, I say now is the time to buy more U.S. dollars$.
    I think this may be one of the remedies that may solve the Euro dept crisis, and bring the
    rest of the world, and America out of a possible global rescession.

    The more U.S. dollars these European countries have in reserve, the more likely they will be able to get loans and transact other international business. As the U.S. dollar is the currency of global business.

    Many of these Euro countries are afraid to lend to each other, because of this "Euro" uncertanty, and debt problem, yes the U.S. dollar has debt problems also.
    But we have a economic solution to our debt problem that is working to reduce the
    United States debt.

    The Europeans have still not figured out a workable plan to reduce the Euro debt problem.
    The Euro is continuing to decrease in value globally
    The U.S. Dollar can spark this global economic recovery.
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    I'll stick with silver...Thanks anyways.
     
  3. uscitizen
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    uscitizen Senior Member

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    Buy dollars?
    Why they will always be worth 1 dollar won't they?
     
    • Thank You! Thank You! x 1
  4. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    I think 52nd Street just set the World Record for number of Fails in one post.

    :lol:
     
  5. uscitizen
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    uscitizen Senior Member

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    Ahh well he one time tried to get me to dance in his club.
    Thought I was a hot chick?
     
  6. 52ndStreet
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    52ndStreet VIP Member

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    If we infuse some of these stagnant Euro economies with dollars, by way of the banks it may stop the Euro slide.?
     
  7. Moonglow
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    Moonglow Diamond Member

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    this coming from a guy who thinks that the black gene is the most dominating gene in the world, now he tells us he worked in money exchanges.
     
  8. percysunshine
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    percysunshine Gold Member

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    Look folks. You are all in dollars already. Wait 6 months and then buy commodities.

    Toilet paper is never a loser as an exchange medium.
     
  9. 52ndStreet
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    52ndStreet VIP Member

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    That has to to with genetics, this is economics, can you make the distiction between the two.
    Two totally different topics.
    Got it?
     
  10. 52ndStreet
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    52ndStreet VIP Member

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    Agreed, I'am picking up some wheat grain futures contracts, gasoline, cocoa, corn,
    and orange juice futures contracts.I say buy dollars and commodidites large now!
     

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