The dollar has already started to fall.

The dollar weakened on speculation President Barack Obama’s re-election victory will boost chances the U.S. will continue monetary stimulus policies that tend to weaken the currency.

It's just the beginning. Anyone who has been responsible enough to plan for their future is still loosing money and it will likely continue now that some of you dumb shits elected such an ignorant bastard.
 
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Currency debasement will escalate dramatically. We have massive debt that's rising. It's not going to be pretty. Factor in more QE's to provide temporary fixes....
 
Dollar falls broadly after Obama heads for re-election​



reuters.com ^ | November 7, 201




The dollar fell broadly in Asia on Wednesday as media projected U.S. President Barack Obama won a closely-fought election, ensuring that the Federal Reserve's quantitative easing will be in place.

The Democrats look set to retain a majority in the Senate while the Republicans also appear to be solidifying their control of the House of Representatives, keeping intact the risk of policy paralysis over the looming "fiscal cliff" -- a sharp fiscal tightening due to start next year.

"The Fed's quantitative easing is essentially a policy to cheapen the dollar. Republicans have been criticising the policy but it seems like that policy is likely to stay," said Yunosuke Ikeda, senior forex strategist at Nomura Securities.

The dollar fell to as low as 79.81 yen, nearly a full yen below its four-month high of 80.68 yen hit last week, before bouncing back slightly to 80.14 yen, still down 0.3 percent on the day.

An immediate support is seen at 79.275 yen, a low hit on October 30 right after the Bank of Japan's easing.

The dollar's drop came as the 10-year U.S. Treasuries yield dropped seven basis points to as low as 1.68 percent.

On top of Obama's support for quantitative easing, which Romney and many Republicans are opposed as a dangerous intervention that could stoke inflation, Obama's tougher stance on financial regulations is viewed as positive for bonds and negative for stocks.

"After the election, the market will likely shift its focus to the fiscal cliff. It's not clear what Obama can achieve (to reduce the impact of the fiscal cliff)," said Junya Tanase, chief FX strategist at JPMorgan Chase.

About $600 billion in government spending cuts and higher taxes will kick in early next year, unless U.S. lawmakers take steps to mitigate their impact.


(Excerpt) Read more at
Dollar falls broadly after Obama heads for re-election | Reuters
 

The Euro shot up 60 pips the moment Ohio fell to the Commies.

Yeah and the dollar was gaining ground, slightly but it was up. But of course 47% of the nation will never understand what it actually takes to plan for one's own future needs. As long as they can keep voting themselves free shit they will continue on a path to take us alll down with them.
 
Currency debasement will escalate dramatically. We have massive debt that's rising. It's not going to be pretty. Factor in more QE's to provide temporary fixes....

No problem, Obama will look deep up his ass and pull out a few more trillion ,further diluting the dollar,Greece, here we come........

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Oh no no no! That doesn't mean that the Dollar is worth less, it just means that Gold is worth more. There's no connection between the two. :uhoh3:

Gold is just a commodity to be bought and sold. Toro will be along shortly to explain that to you!
 
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The dollar weakened on speculation President Barack Obama’s re-election victory will boost chances the U.S. will continue monetary stimulus policies that tend to weaken the currency.

It's just the beginning. Anyone who has been responsible enough to plan for their future is still loosing money and it will likely continue now that some of you dumb shits elected such an ignorant bastard.


It wasn't SOME individuals who elected him. It was the majority of the voters who took the time vote which elected him.

Obviously you don't like the system, but it is the same system which has elected every President for over 200 years, so deal with it.

Heck we lived through 8 years of Bush, so 8 years of Obama certainly can't be any worse.
 
The dollar itself has not been worth a full dollar since 1913 so a "falling" dollar is a gross understatement.

I would be surprised if it's even worth the paper it's printed on in 2012.
 
Stocks Plunge on Obama's Re-election :clap2::clap2::clap2:

The election behind them, U.S. investors dumped stocks Wednesday and turned their focus to a world of problems — economically harmful tax increases and spending cuts at home and a deepening recession in Europe.

The Dow Jones industrial average plunged as much as 245 points in the first hour of trading, and the Standard & Poor's 500 index fell as much as 27, or 1.6 percent. Energy companies and bank stocks took big losses.

Stocks seen as benefiting from President Barack Obama's decisive re-election rose. They included hospitals, free of the threat that a President Mitt Romney would have sought to roll back Obama's health care law, and renewable-energy companies.
 
Stocks Plunge on Obama's Re-election :clap2::clap2::clap2:

The election behind them, U.S. investors dumped stocks Wednesday and turned their focus to a world of problems — economically harmful tax increases and spending cuts at home and a deepening recession in Europe.

The Dow Jones industrial average plunged as much as 245 points in the first hour of trading, and the Standard & Poor's 500 index fell as much as 27, or 1.6 percent.

Just a preview of the next 4 years.


Stocks seen as benefiting from President Barack Obama's decisive re-election rose. They included hospitals, free of the threat that a President Mitt Romney would have sought to roll back Obama's health care law, and renewable-energy companies.

That's because they knew they'd be getting big taxpayer funds before they go belly up.
 
Oh no no no! That doesn't mean that the Dollar is worth less, it just means that Gold is worth more. There's no connection between the two. :uhoh3:

Gold is just a commodity to be bought and sold. Toro will be along shortly to explain that to you!

I just increased my holdings.
I had to decrease my holdings to maintain asset allocation with cash and apartment REITs.
 
Oh no no no! That doesn't mean that the Dollar is worth less, it just means that Gold is worth more. There's no connection between the two. :uhoh3:

Gold is just a commodity to be bought and sold. Toro will be along shortly to explain that to you!

I just increased my holdings.
I had to decrease my holdings to maintain asset allocation with cash and apartment REITs.

WW, how have you been? Haven't seen you in a long time.
 
Stocks Plunge on Obama's Re-election :clap2::clap2::clap2:

The election behind them, U.S. investors dumped stocks Wednesday and turned their focus to a world of problems — economically harmful tax increases and spending cuts at home and a deepening recession in Europe.

The Dow Jones industrial average plunged as much as 245 points in the first hour of trading, and the Standard & Poor's 500 index fell as much as 27, or 1.6 percent. Energy companies and bank stocks took big losses.

Stocks seen as benefiting from President Barack Obama's decisive re-election rose. They included hospitals, free of the threat that a President Mitt Romney would have sought to roll back Obama's health care law, and renewable-energy companies.
Yup. There is nova, blaming the drop for one day on the election of obama. What a SURPRISE!!! No links on this one, of course. Because, the experts on this issue are not blaming obama directly, but the congress and other factors set up to deal with the deficit.
What will matter is how it is dealt with. Time will tell. But mostly, it is what the congress agrees to with the pres, and whether they will work with each other.
Why no link, nova. Did the bat shit crazy con sites you use not have a believable on ready for you???
 

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