huskerbob

Dollar, Gold and Oil: Gauging the Turn

The dollar gets weaker, so commodities and the general market go up. So what is gained? They are going up as the dollar goes down. If you hold dollars, where does that get you?
Not certain why anyone thinks destroying our currency is some kind of accomplishment. Unless you hold a lot of debt. Then it would be pretty handy!
Enjoy your Dow 30,000, as you sip your $20 Coke and enjoy tunes on your $5,000 i-pod.


On Mar 21 06:05 PM Minlita wrote:

> In an attempt to prevent a Deflation the government is creating an
> Inflationary catalyst ( not bad in an environment of deflation)
> for the rise in oil price (priced in dollars) by printing money that
> causes a fall in the US dollar.
> Commodities in general, including oil, should see a boost by the
> Fed’s policy, stock market would likely rise once commodities started
> going up.

Dollar, Gold and Oil: Gauging the Turn

"Congress will sit on their hands during an election cycle while he decreases the money and protects the dollars buying power, a major responsibility of the Fed."
I thought the Fed's job was to create the "ideal" level of inflation. They have devalued the dollar 95%.