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#1
09-08-2007, 11:21 PM
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US Dollar Index
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#2
09-09-2007, 10:11 AM
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Re: US Dollar Index
There are a lot of factors that can drive down the value of the dollar. I have no idea what the index encompasses but it's becoming more clear to me that the US dollar was once a great tool to buy foreign assets with, however it seems that those same companies/counties we bought shait from, aren't intersted in buying those assets back. All the while we are piling on interest payments and everybody is losing faith in a REAL WORLD ASSET to back up the FICTIONAL DOLLAR VALUE that everyone held to be self evident and true.
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#3
09-09-2007, 02:18 PM
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Re: US Dollar Index
here is a link to an explanation and composition of the index
http://www.akmos.com/main/forex/usdx.html
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#4
09-09-2007, 03:21 PM
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Re: US Dollar Index
[ QUOTE ]
US Dollar Index below 80... Hmm, how low will it go? US Dollar down, Gold Up... US Dollar Index [/ QUOTE ] well if the fed cuts rates (and they will), and the ECB still on a tightening bias, then it will continue going lower lower lower.
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#5
09-09-2007, 05:11 PM
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Re: US Dollar Index
[ QUOTE ]
[ QUOTE ] US Dollar Index below 80... Hmm, how low will it go? US Dollar down, Gold Up... US Dollar Index [/ QUOTE ] well if the fed cuts rates (and they will), and the ECB still on a tightening bias, then it will continue going lower lower lower. [/ QUOTE ] Don't be so smug. http://www.bloomberg.com/apps/news?p...er=patrick.net
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#6
09-11-2007, 12:45 AM
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Re: US Dollar Index
Some country is dumping US treasuries...
Dump US treasuries If you were holding billions of US currency and are watching it drop, would you still hold on? I'd dump and get some gold (relatively safe)... The Fed Reserve is print up US dollars like its water...
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#7
09-18-2007, 04:37 PM
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Re: US Dollar Index
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#8
09-18-2007, 05:21 PM
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Re: US Dollar Index
[ QUOTE ]
. US Dollar drop more? Inflation going forward? [/ QUOTE ] Hyperinflation is a lock. Oil over $100, Gold over $1000 in 2008. Take that to the bank.
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#9
09-19-2007, 04:22 PM
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Re: US Dollar Index
One thing thisdollar is causing is CDN's heading down to the USA to buy luxury vehicles and SUV's. I was looking at a lexus IS 250 and could save over $15,000 buying in US. Problem is many dealers have been told they can no longer sell to CDN's. What happened to free trade?
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#10
09-19-2007, 04:29 PM
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Re: US Dollar Index
[ QUOTE ]
One thing thisdollar is causing is CDN's heading down to the USA to buy luxury vehicles and SUV's. I was looking at a lexus IS 250 and could save over $15,000 buying in US. Problem is many dealers have been told they can no longer sell to CDN's. What happened to free trade? [/ QUOTE ] Do you not have to pay an import tax when doing this?
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Hybrid Mode
