Dollar is in deep shit...

50 for woj

well when the US dollar is fully equal to the Canadian.. put the news.. they are probably going to suggest uniting a north American currency again.


and with the conservatives in power it might work this time.

i remember them suggesting it a few years ago .. and then everything went quite.

Damn... that means I need to get more of them

I hate when the $ is low, if the $ drops 5% against the swedish krona I loose 5% of my income

actually i wonder if they will make a world dollar .. then world government .. then we are in deep shit...
but that will take a few years i hope

hahaha163;1 = $1.82 right now, started at $1.80 this morning, started yesterday at $1.78.

My meagre sales growth is disappearing with the dollar :/

Oh, when oh when will people wise up and stop using money? Sheeple!

So predictions, how low will it go? I remember few years back (more then a few actually) when there was a huge slide in dollar value and a fear of world inflation. Then immediatelly it went up alot.
So how low it goes before it goes back up? I'm not too savy in these things, so anyone knows/has predictions?

wait until china and russia start buying oil from iran in euros as opposed to the us dollar. (trading may start as soon as next week) it's not just nukes we are afraid of, but protecting the dollar and securing oil. we want to get at that oil before they do and they know it. that's why those two countries are warning us not to make ANY threatning moves against iran. the russians and china (have made) are making BIG oil deals with iran. pretty soon other countries are going to drop the dollar and use euros also.

i have been investing in gold and silver the past 6 months. as the dollar falls, these metals are going up like mad. you guys need to pay attention and invest in these metals to protect yourselves against a pending crisis. some of you will clown and joke about this, but if you don't want to do it for yourselves, do it for your family and kids. silver was just $7.55 when invested in oct. 2005. (just 6 months ago) today it's about $13.50.

of course i have invested in gold also, but i'm just bullish on silver because silver has more uses then gold. japan and china have a SUPER economy and will be needing silver and copper for years to come.

i want out of the porn game because i see no future in it with the powers that be in place. my best chance of getting out is by investing in silver and gold.

Yeah, everyone thinks us metal investors are just anti-government nuts and conspiracy theroists who know little to nothing. I cant wait to see the look on thier faces when thier stock and bond and FOREX investments come tumbling down and our metal investments shoot up like a fucking space shuttle.

This is a once in a lifetime market for metals right now. If the US government collapses tommrow, I win. If the dollar becomes worthless, I win. If the dollar becomes great and the Euro takes a shit, I win. No matter what the rest of the world does, I still win. The best thing about metals is that they are not dependant on any one corporation, board of trustees, nation, system, institution or any one anything else to succed or stay afloat.

As long as the human race as a civilized species dosent collapse completely, gold, silver, copper and a few other metals will always have value. And if the human race does collapse completely making metals worthless with everything else, I'd still rather have silver bars as they could be used as weapons to throw.

I missed my chance to get rich in the .com stupidity rush and I am determined to make up for it. I have been investing in silver for years - back when people bitched about how it was "always $5 to $6 an ounce" and long before it was cool - a little at a time and I if it takes off right now I am really gonna make a mint.

Where do you buy those metals? How do you "know" you have them? Meaning, what if the company you were buying through goes bust, does your metal go bust with it?

Also, what are the thoughts about if war on Iran starts, dollar going up or down?

I remember when it was $1.42 = hahaha163;1 I changed $140k and bought my house
house would sell for hahaha163;170k now = $310,363.85 USD

heh

WORD!

almost everything is manufactured in china.. what is US exporting right now? farts !

of course... a CHANGING value... like euro, dollar etc.

http://goldprice.org/30-year-gold-price-history.html

watch the 80's - history repeats.
it's known that people invest in gold when financial markets go bad.. but it's not so safe as you state it

There are two ways to invest in metals:

1. You buy your metals from someone who sells them (apmex.com is my preffered dealer) and you take physical delivery of them just like you take delivery of a book you buy on Amazon. You know you have your metals because they show up in your mailbox 7 to 10 days later. (Most dealers let the extremely paranoid pay cash over the counter and take immediate delivery, if you're worried about a scam or something.)

2. You buy metals from a company that buys on your behalf and stores them in thier opinion of a safe place. You get a statement telling you how much of what you have, just like a bank. Most rich people do this. IMHO, they are fools for it.

I dont like the second route and I go for the first one. I distrust so-called metals browkers who store in the same way I distrust banks and for alot of the same reasons. There is too much oppertunity for someone to pull an iBill.

History does repeat. And I am very familar with the 1980s as it relates to gold and silver prices. You have a point. Right now is not a time to buy in for gold or silver en mass I dont think. For people who to date have no gold or silver, its probably not the best time for them to start pouring everything into metals. It wouldnt be a bad idea for them to buy a small amount and hold and see where it goes.

I am still picking up silver little by little but I have curtailed my purchasing to a great extent. At one point, I was dumping every free cent I wasnt using to buy food into silver even to the point that I sold a couple of cars to do it. At this point, I am holding and waiting and watching. I sold about 12% of my stake as I felt I deserved a reward for my hard work, but I dont think it has gone as high as it will go yet, so I hesitate to dump a major stake when I really have no need for a ton of cash at the moment.

No investments are entirely safe. Right now, metals are is safe as it gets. Thats what I am saying.

Sigh.. eventually the CDN dollar will be worth as much

amen. i wish i would have gotten started sooner. i'm just glad i woke up in time! i was lucky to get a few good domain names in 1998. i am doing well, but not as rich as some of the guys on this board. i can't wait to snatch up some of these mansions and having people beg me to get them out of foreclosure. metals will NEVER be the same again. i believe they can only go...UP!!!

you don't just invest in paper. buy gold and silver coins. gold and silver bars. a couple of gold mine stocks and the silver etf that opened today. even if the paper goes belly up, (dollar) you still have the gold/silver coins and bars.

if a war breaks out, i don't know about the dollar, but gold and silver will go up. i believe the dollar is almost finished. next step will be a one world currency. when that happens, we all are finished anyway you look at it.

almost forgot...

i got hooked on this site. these guys woke me up. they have a daily radio show that comes on 3 times a day and they even have an archieve you can listen to while you work. JUST DON"T BUY THEIR COINS. TO EXPENSIVE! MUCH CHEAPER ON EBAY!
http://goldline.com/market-news/archive-radio-show.php

i have purchased a few things at http://www.kitco.com
they are a company you can trust.

if you have money sitting in the bank making anywhere from 2% to 5%. why not invest in SOME metals. the money will sit in the bank anyway. why not get a better return NOW while it's still early in the game.

The good old days are long gone..

I'll agree with that. In more ways than one.

Any bets the dollar will go down a LOT more and the concept of a $5+ dollar of gas will be a reality within five years?

Currently the US economy is unsustainable = fucked, - and very hard to reverse without paying a harsh cost - and what politician will agree to that?

Iran has its own market for oil now, so far all oil worldwide has been bought in US dollars. WELL NOT ANYMORE MY FRIENDS, now you can buy for euros in Iran! I LOVE IT

The dollar has always been "protected" because of all the oil that has been bought with dollars... But things are changing.

Turn of the tide..........

I have seen a lot of stupid things said on this board, but I think that you have just won the idiot of the century award!

You must belong to the ROTWU: Retards Of The World United.
It is so obvious that the media has washed your brain and that the Bush administration has taught you to think that the illegal inmigrants are at fault for anything in the USA.

The dollar isn't worth much in Brazil.

Weak dollar and strong brazilian currency =

The dollar could be better for me atm :/

Regards, /Dubbya

that fucking dollar keeps dropping like a motherfucker... thank you bush.