US Dollar faces moment of truth - days/hours away from judgement.

The USDX is sick - really sick

Category:

News & Politics

Tags:

• USD
• Collapse

[moofph]

usdx 75.99 just a moment ago.

[stellaconcepts]

looking sick

[mallamoozoo]

Jesus - what would we do without internet?? - we'd have to go back to the archaic days of bookclubs and snail-mail of pamphlets - what a total disaster!!!

[mallamoozoo]

That is one of the best comments Ive ever seen on You Tube - indeed without this information sharing capacity we would be in deep deep shit - in fact it would be game over- the Elite could pull the wool over the eyes of even people like us - who ARE aware of the manipulation and corruption - as we would never be able to find real data- just the bullshit mainstream media pulp pumped out to the ignorant masses- and the ignorant masses would be even further from enlightenment than they already are.

[googleplex617]

75.596 in May, 2011 , not a big problem

[Geostars]

Well, that didn't pan out. The dollar's at 82.

[stellaconcepts]

no because the fed has rates on hold for at least another year - meaning the dollar will slowly drop for years to come - if no-one spooks the market.

plus, when it was at previous lows, there was just as much concern about the dollar in the upper circles.

[kosai19]

The purpose of the comment is just to get people to think. They don't need to believe me based on what i'm saying or anyone else for that matter.

Look at all points of the information and make up your own mind but while doing that study recent history and ask basic questions.

Most of these events have already happened with the same catalysts that drive them. The same patterns repeat over and over again only because people quickly forget recent history.

[kosai19]

Actually that's not accurate. The value of a currency is not only derived from people trading it. Also have to include the number of bond holders and people who purchase the currency to pay for goods that are priced in it such as oil.

If those major countries exited abruptly it could easily collapse overnight. I know the article about in the international about this starting to happen but so far we haven't seen the action yet. It's no coincide these articles come out near market bottoms.

[dave777blaster]

all your dollars will be toilet paper if Americans do not grab the hand that Canada is extending them for a NAU.

the road to the NAU is bumpy the other road leads to a cessepit in the third world.

[stellaconcepts]

according to that logic - currencies can never collapse because as soon as a critical mass has sold, then contrarian indicators must kick in an drive it up

time will tell - i dont think last years events will be taking place soon.

[kosai19]

Would it make any more sense to drive a car by watching what's in the rear view mirror?

I'm only trying to get people to think instead of just perpetuating the same thoughts.

Has no one asked themselves why the last dollar rally took place when EVERYONE said that it would collapse?

There's a reason for it - it's not just market manipulation. The number of dollar contracts to buy when everyone said it was going to collapse was the highest in history, we are seeing similar such events now.

[whiskerchild]

Thanks John