while euro is getting hammered, DOP stands still to USD...

K

Kipling333

Bronze
Jan 12, 2010
2,528
829
113
Hard to follow the logic

greydread said:
Anybody remember the EEU turning its back on Putin's pipeline just a few months ago after interfering in Russia's border dispute with Ukraine? Putin said there would be consequences. These are them.
Click to expand...

Are you suggesting that the various restrictions placed on numerous Russians has led to the steep recovery of the US dollar. Now remembering that ,leaving the US dollar to one side, all other currencies have remained more or less stable against each other , how have you reached that conclusion ??? No, there is simply one answer, the international currency punters have decided that US interest rates are going to climb exactly at the same time as they think that many other countries will have a fall in the official interest rates , so they are pushing the US dollar higher . They have forgotten all about the US foreign debt and have concentrated solely on interest rate comparisons
 
G

greydread

Platinum
Jan 3, 2007
17,477
488
83
That's because logic has nothing to do with it

Kipling333 said:
Are you suggesting that the various restrictions placed on numerous Russians has led to the steep recovery of the US dollar. Now remembering that ,leaving the US dollar to one side, all other currencies have remained more or less stable against each other , how have you reached that conclusion ??? No, there is simply one answer, the international currency punters have decided that US interest rates are going to climb exactly at the same time as they think that many other countries will have a fall in the official interest rates , so they are pushing the US dollar higher . They have forgotten all about the US foreign debt and have concentrated solely on interest rate comparisons
Click to expand...

I haven't "reached any conclusions" here. I am simply watching what is happening, listening to who says what is going to happen and when and seeing who was right as events unfold.


[video=youtube;nIhtXSA0arI]https://www.youtube.com/watch?v=nIhtXSA0arI[/video]
 
D

DRDone

Member
Sep 29, 2014
293
2
18
Derfish said:
Most people are, and will remain so as the wild eyed apocalyptic types panic as they have for 100 years. Buy gold dig a cellar in the yard etc.. I had a neighbor in Fart LouderDeryl FL who repaired cars for a living. He tried to only accept silver coins, but couldn't possibly generate enuff income from apocalyptic types to manage his business in that vein.
Click to expand...

Plenty of times in the past 100 years where gold would have saved your life.

First Hand Account - How Gold Jewelry Can Save Your Life - GoldSilver.com

Germany both pre and post WW2, Russia to the Soviet Union, Vietnam, China going to communism ... Geopolitical events happen all the time, usually caused by irresponsible monetary policy, and then covered up by wars, but Gold was a way out many a time.
 
G

greydread

Platinum
Jan 3, 2007
17,477
488
83
robbiee said:
weak EUR is blessing for Europe
Click to expand...

Not the 1st time in recent years that we've heard that rallying cry being whistled past the graveyard....

[video=youtube;qv8K3G9DTTg]https://www.youtube.com/watch?v=qv8K3G9DTTg[/video]
 
You must log in or register to reply here.
Top Bottom