Yes, when we've all moved to alternative fuel sourses and almost no one needs what's leftGyaos said:$30.00 oil will come back. Count on it.
Yes, when we've all moved to alternative fuel sourses and almost no one needs what's leftGyaos said:$30.00 oil will come back. Count on it.
Some one has to buy the US debt issues. If Asians weren't buying it up, who would? And if the US cannot find buyers for its debt, the US dollar will sink so low people will be wiping their asses with greenbacks since it will be cheaper than toilet paper.Meister said:The only big time currency manipulators are the Asians buying oodles of US dollars to maintain a cheap manufacturing base. But, even that is coming to an end sooner or later.
emvee said:And if the US cannot find buyers for its debt, the US dollar will sink so low people will be wiping their asses with greenbacks since it will be cheaper than toilet paper.
Still waiting for that $30 bbl ...Gyaos said:When oil is back to $30.00, the CAD will drop to $1.50. The true value of the Canadian Dollar is $1.50 to the USA.
Me too, have been in Gold, Silver and gold mining companies since gold wascyberdoc said:When gold was $400 an oz nobody was even guessing it go to $900.
Actually, I was. I have been in gold since 325. Gold could hit 1000 in the next few weeks--the targets are 961, and 1050. Then it will pause before making a run at 1650. Excellent gold web site is
http://jsmineset.com/
Who could have seen this coming?Malibook said:So when is this going to happen?
$100 is much more likely than $30.
Gold has gone up way more than can be attributed to the crashing US peso.danmand said:Of course,
gold hasn't really increased in value, it is the $(US) that has declined in value.
Really Woody, good Lord is your hatred of the President so out of control that you will believe absolutely any tripe that comes your way. What's next the Democratic Party version of "Black Helicopters"?!WoodPeckr said:Below from Sterling Seagrave, co-author of Gold Warriors
Not really. If you look at real (important) commodities, the numbers are the same.Malibook said:Gold has gone up way more than can be attributed to the crashing US peso.
Really Aardi,Aardvark154 said:Really Woody, good Lord is your hatred of the President so out of control that you will believe absolutely any tripe that comes your way. What's next the Democratic Party version of "Black Helicopters"?!
Don't dodge the question. Any fool can tell this story was bunk, and that's not just hindsight.WoodPeckr said:Really Aardi,
The USD lost over 50% of it's value under this moron Dubya and you still have the nerve to shill and play an apologist role for this jackass!
What the hell kind of fools paradise do you live in?
This criminal and his co-whores should be, AT MINIMUM, in the US Penitentiary at Leavenworth busting rocks, yet you defend his crimes.
Does your definition of Law & Order only concern blowjobs? ...
Well then how do you rationalize the fact the USD lost well over 50% value since Shrub was installed in 2000?cypherpunk said:Don't dodge the question. Any fool can tell this story was bunk, and that's not just hindsight.
Gee Idunno, maybe it has something to do with debt and insufficient faith to support a fiat currency. Idiot.WoodPeckr said:Well then how do you rationalize the fact the USD lost well over 50% value since Shrub was installed in 2000?
Or is that bunk also!....
Thanks grasshopper, you just defined Dubya's Voodoo Economic policies since 2000 which made this USD tanking possible!....cypherpunk said:Gee Idunno, maybe it has something to do with debt and insufficient faith to support a fiat currency. Idiot.
And this has what to do with you believing some conspiracy theory that any 11 year old can see through?WoodPeckr said:Thanks grasshopper, you just defined Dubya's Voodoo Economic policies since 2000 which made this USD tanking possible!....
Commodity prices are determined by supply and demand and speculation.danmand said:Not really. If you look at real (important) commodities, the numbers are the same.
Oil from $30 to $100
Gold from $300 to 940
Silver from $6 to $18
The pattern is pretty clear that $US has lost 2/3 of its value.
With the USD dropping in value >50% since 2000, it looks like that is exactly what Dubya has done....ThePunkPanther said:gwb doing the same thing just seems to be equally insane and might have similar results.