If I were a currency trader looking at the charts, I certainly would not be selling the dollar at these levels. Rather, I would be looking to buy very soon.
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I am all in on silver. Its run is spectacular. As I write this the price is 45.63 an ounce. The dollar spot price is 74.11. All fiat currency in history has gone to zero. The US dollar is no exception. All the money printed to save the financial sector has stalled the crash, not prevented it. Debasing causes oil to go up and this is critical for the economy. When a barrel of crude goes up by $10.00, a trillion dollar leaves the economy, This is felt immediately in higher prices of almost everything we buy. It will hit the poor most and this now includes those on unemployment.
Hyperinflation is the greatest threat to the economy. This means all commodities are a good investment and having emergency supplies like food and water is never a bad idea.
Her a link for your entertainment: Dollar Collapse, One Scenario--China, Oil, Rationing | Gerald Celente Trends Blog
...a sharp, quick, collapse, or a slow, drawn-out death. Either way, screwed. I am disgusted that this is our system. Wonder how long before the people, especially the young like me.. rise up
The debt crises much like everything else about our economy is manufactured.
Look who it serves best.
Now look at who pulls the strings of our shadow-puppet governments.
WAKE UP!
The divide in this nation isn't the Rs and Ds, neither is it the cons v libs.
It's the haves v the have-nots.
The haves are winning and will continue to win until they have won this nation to death.
... markets might have already been discounting those prices on the assumption of the numbers will be positive, too.
I am all in on silver. Its run is spectacular. As I write this the price is 45.63 an ounce. The dollar spot price is 74.11. All fiat currency in history has gone to zero. The US dollar is no exception. All the money printed to save the financial sector has stalled the crash, not prevented it. Debasing causes oil to go up and this is critical for the economy. When a barrel of crude goes up by $10.00, a trillion dollar leaves the economy, This is felt immediately in higher prices of almost everything we buy. It will hit the poor most and this now includes those on unemployment.
Hyperinflation is the greatest threat to the economy. This means all commodities are a good investment and having emergency supplies like food and water is never a bad idea.
Her a link for your entertainment: Dollar Collapse, One Scenario--China, Oil, Rationing | Gerald Celente Trends Blog
...the eurozone, has a stronger currency than the former, the US? Because of peripheral countries debt refinancing issues? And the potential for contagion? These are real and serious issues...