Lehman Spelling Trouble for the Dollar and Carry Trades [View article]
Unfortunately, I cannot consume popcorn, but it certainly is tempting. I will just get some doritos, I guess.
Those dollar-gurus (CLH, et al) you better watch out! Its starting to crumble (the pyramid scheme). You know, your govt, Fed buddies are starting to sweat. Its not very becoming,is it? HAHAHAHAHAHAHA
Pending Fed Rate Decision, Dollar Loses Steam [View article]
A rate CUT is imminent! Why, because China has a bizzillion dollars, that's USD, and they are not going to take a hit because of the US's mis-management, so they want gold (in payment for our debt)! So, look out down below, here comes the USD, and watch out for flying aircraft because gold is in going UP!
Despite Lower Oil Inventories, Dollar Surges [View article]
Any USD surge is strictly TEMPORARY, and SHORT-LIVED. The dollar is destined for the junk heap. We are looking at $200-300 oil VERY soon. That, unfortunately, is CHEAP! How, you ask?
1. $150 oil translates to about $0.22 cents per cup. What a bargain, right? Certainly. You can't get a decent cup of coffee for FIVE TIMES that!
2. Most of the world HAS BEEN paying the equivalent of $250-300 oil for years (approx $8 per gallon). Its not new.
3. Saudi Arabia is busting at the seams just trying to MEET their daily output of 9.5 million bbls daily. That figure has dropped 1 MILLION bbls daily since 2006. Without new discoveries, production is not likely to increase.
Forget the dollar....its withering away....try gold and silver.
Golden Opportunities? [View article]
Lehman Spelling Trouble for the Dollar and Carry Trades [View article]
Those dollar-gurus (CLH, et al) you better watch out! Its starting to crumble (the pyramid scheme). You know, your govt, Fed buddies are starting to sweat. Its not very becoming,is it? HAHAHAHAHAHAHA
Pending Fed Rate Decision, Dollar Loses Steam [View article]
Despite Lower Oil Inventories, Dollar Surges [View article]
1. $150 oil translates to about $0.22 cents per cup. What a bargain, right? Certainly. You can't get a decent cup of coffee for FIVE TIMES that!
2. Most of the world HAS BEEN paying the equivalent of $250-300 oil for years (approx $8 per gallon). Its not new.
3. Saudi Arabia is busting at the seams just trying to MEET their daily output of 9.5 million bbls daily. That figure has dropped 1 MILLION bbls daily since 2006. Without new discoveries, production is not likely to increase.
Forget the dollar....its withering away....try gold and silver.