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Joined: Oct 2002
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Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2002
Posts: 13,479 Likes: 3 |
Dog I rescued in January
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Joined: Feb 2013
Posts: 21,871 Likes: 10
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,871 Likes: 10 |
Biden Bucks!
JoeyNomics...
Yeah-haa
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Jun 2020
Posts: 10,195 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2020
Posts: 10,195 Likes: 5 |
Well we did slightly better than the Peso…
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Joined: Feb 2010
Posts: 3,842
Campfire Tracker
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Campfire Tracker
Joined: Feb 2010
Posts: 3,842 |
Well we did slightly better than the Peso… I think you read it backwards. The USD lost a little against the Peso and went up big against all the other currencies. The USD, interest rates, and commodities all rising.....what could go wrong? Most of those countries, like Japan, have even more debt than the US.
Quando omni flunkus moritati
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Joined: Dec 2019
Posts: 17,273 Likes: 17
Campfire Ranger
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Campfire Ranger
Joined: Dec 2019
Posts: 17,273 Likes: 17 |
so Ukraine is getting 10% less because of " The Big Guy"...
-OMotS
"If memory serves fails me..." Quote: ( unnamed) "been prtty deep in the cooler todaay " Television and radio are most effective when people question little and think even less.
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Joined: Jun 2020
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Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2020
Posts: 10,195 Likes: 5 |
Well we did slightly better than the Peso… I think you read it backwards. The USD lost a little against the Peso and went up big against all the other currencies. The USD, interest rates, and commodities all rising.....what could go wrong? Most of those countries, like Japan, have even more debt than the US. Thanks for the insight. I glanced at the original post but do not follow the markets other than what I have payroll deducted for a 401K and a Roth.
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Joined: Dec 2013
Posts: 13,135 Likes: 8
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,135 Likes: 8 |
Can I now buy more or less British Pounds with my dollars?
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Oct 2002
Posts: 13,479 Likes: 3
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2002
Posts: 13,479 Likes: 3 |
Maybe this will help.
https://www.tradingview.com/news/reuters.com,2022:newsml_L2N2X124B:6-u-s-dollar-touches-20-year-high-as-markets-shun-risk/
Dog I rescued in January
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Joined: Feb 2018
Posts: 10,154 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2018
Posts: 10,154 Likes: 4 |
A friend of mine is selling some rural property, and he's thinking of turning at least some of is back into rural property. Real estate doesn't go down like the dollar. In years past he always did stocks or savings accounts.......not these days.
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Joined: Feb 2008
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Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2008
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Joined: Dec 2008
Posts: 8,322
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
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The US dollar is the least ugly girl in a room full of really ugly woman. I watch the FX like a hawk.
"Life is tough, even tougher if your stupid" John Wayne
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Joined: Jan 2016
Posts: 95,775 Likes: 4
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,775 Likes: 4 |
Well we did slightly better than the Peso… I think you read it backwards. The USD lost a little against the Peso and went up big against all the other currencies. The USD, interest rates, and commodities all rising.....what could go wrong? Most of those countries, like Japan, have even more debt than the US. We have $200 trillion in unfunded liabilities.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Jan 2016
Posts: 95,775 Likes: 4
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,775 Likes: 4 |
so Ukraine is getting 10% less because of " The Big Guy"... Well, not exactly. The cabal is schietting because Putin is winning. They just told the Resident to bump our latest futile effort to $40 Billion to help Ukraine. You know what they say, $10 billion here and $10 billion there......
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Jan 2016
Posts: 95,775 Likes: 4
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,775 Likes: 4 |
Can I now buy more or less British Pounds with my dollars? Who gives a schiett. You can buy less food and gas with it.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Oct 2021
Posts: 10,859 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2021
Posts: 10,859 Likes: 3 |
The US dollar is the least ugly girl in a room full of really ugly woman. I watch the FX like a hawk. Yep. Tallest midget. Cleanest dirty shirt in the closet. Etc. Been that way for a long while and still regarded as a safe refuge. The whole monetary world of Nations are awash in debt.
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Joined: Nov 2004
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Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 10,033 Likes: 4 |
Is that part of why silver and gold are down? The dollar is one of the best looking horses in the glue factory.
Bb
Last edited by Burleyboy; 05/09/22.
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Joined: Dec 2013
Posts: 13,135 Likes: 8
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,135 Likes: 8 |
Can I now buy more or less British Pounds with my dollars? Who gives a schiett. You can buy less food and gas with it. You got that right. I can hold down the price of food somewhat by eating pasture beef and deer which isn't all that good but our adult kids and my wife and I are learning to eat it and be happy but the price of fuel is hurting. It is more than double what we paid in Oct. 2020. Gas and diesel are hitting us an extra $10K per year. I can't see how folks that have to burn a lot of fuel can make it work. We heat exclusively with wood but we like 68 to 70F in the house in summer. People don't equate inflation with taxes but as I've heard it said "inflation is the cruelest tax of all". And inflation is the tax that hits the lower income folks the hardest.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Jan 2016
Posts: 95,775 Likes: 4
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,775 Likes: 4 |
Is that part of why silver and gold are down? The dollar is one of the best looking horses in the glue factory.
Bb They are down because of the illegal practices of the Bolshevik Comex the commie sec and DOJ ignore. They wont be down much longer, but the Fed Reserve bank note will continue much lower. Remember when the Bolshevik Comex drove the price of oil down to - (minus)$37/bbl? You think you could buy oil for $0 then? You think you could have bought oil for $10 a bbl? No way. Silver spot is like $22 an oz. Let me know where you can buy it for that. There is a reason Jesus whipped the money changers (banksters) out of the Holy Temple and called them vipers. He said He knew their father, the murderer from the beginning. Who was the murderer from the beginning? Cain. Cain was a viper, as was his father. Vipers begat vipers. That's why God hated Cains gifts. As 1John 3:11-12 says, Cain was from the Evil one. Now you know where Satan scattered his seed of tares in with Gods seed of wheat. The vipers are still with us. Putin is destroying them and their homeland in Ukraine. The Nazis.
Last edited by jaguartx; 05/09/22.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: May 2017
Posts: 1,732 Likes: 2
Campfire Regular
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Campfire Regular
Joined: May 2017
Posts: 1,732 Likes: 2 |
It is mainly due to rising and anticipated rising interest rates in the US, comparatively. The Fed is supposedly ready to fight inflation., or at least more so than other central banks. So for the moment our currency is being debased less actively. As someone said - the least ugly one. Bank of Japan is actively holding down rates in the face of inflation. https://www.zerohedge.com/markets/h...t-jubilee-without-full-monetary-collapse
Last edited by Slope77; 05/10/22.
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Campfire Greenhorn
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Campfire Greenhorn
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