The USD is officially Toilet Paper
Started by
Insider
, Sep 20 2007 08:42 AM
6 replies to this topic
#1
Posted 20 September 2007 - 08:42 AM
Still Long the EUR/USD....but my target is close
Insider
#2
Posted 20 September 2007 - 09:01 AM
It's lovely though, quilted, hearts on it an everything. Double ply I'll bet, yup, I can see that. Ohhh, it's the good stuff. Oh Dear, I'm gonna get deleted or something!
Well, a little pull back today, I think a lot of us have been expecting this mornings action but as usual, it's way too early to call the day. It's going to take more than this to knock me out of my tight stop. but it's close.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
#3
Posted 20 September 2007 - 09:03 AM
This is worth watching too...
DTWEXB, Trade Weighted Exchange Index: Broad
(If you cannot see this pic - sorry - yahoo is slow today)
DTWEXB, Trade Weighted Exchange Index: Broad
(If you cannot see this pic - sorry - yahoo is slow today)
#4
Posted 20 September 2007 - 09:16 AM
yup....crashing buck...aint it great......makes ur debt a lot easier to handle........ur assets increase in value..........the reverse of course ....deflation would kill all that....long live inflation....its a product of an economic boom...........SNEEEEOORRT...only the unproductive cant handle inflation......its allways that way.....
#6
Posted 20 September 2007 - 09:31 AM
isn't that a 1/3 drop in a little over five years ? HUGE for the world's reserve currency and the bondholders.
but i DO like srewing the chinese.
#7
Posted 20 September 2007 - 10:02 AM
A piece of history...Instant photo
Insider
Insider