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Old 05-05-2006, 06:07 AM   #1
Jensen
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Dollar keeps dropping, dropping and dropping even more :/

down another 0.5% today versus the NOK and EURO... getting really bad

New York (MarketWatch) - The dollar weakened across the board Thursday, hitting a fresh one-year low against the euro, as investors shrugged off a hotter-than-expected U.S. inflation report and focused instead on hawkish comments made by the European Central Bank president.
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Old 05-05-2006, 06:07 AM   #2
Rebecca Love
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buy gold.
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Old 05-05-2006, 07:56 AM   #3
headless ghost
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sell dollars
buy euros
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Old 05-05-2006, 07:56 AM   #4
Scotty.T
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Predicted to drop to $2 against Sterling. Sucks big time.
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Old 05-05-2006, 07:57 AM   #5
Ross
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Quote:
Originally Posted by Scotty.T
Predicted to drop to $2 against Sterling. Sucks big time.
Too fucking right. It was looking ok for a while there. Now I check it the other day and see it at 1.84!
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Old 05-05-2006, 07:57 AM   #6
The Duck
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soon I will be wiping my ass with sponsor checks
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Old 05-05-2006, 08:05 AM   #7
Trax
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thank god i traded in all my dollar accounts when the exrate was at 1.185 a few months ago
otherwise this would be ugly for me
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Old 05-05-2006, 08:06 AM   #8
minusonebit
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We have discussed this before, the dollar is quickly becoming more treasured for its value as a heating fuel than it is for use as a currency of trade. Buy silver or gold. What did you expect when you accept DEBT as a payment?
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Old 05-05-2006, 08:16 AM   #9
rip raster
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What do you expect when you elect a president that has run every company that he was in charge of into the ground....way to go George Bush
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Old 05-05-2006, 08:20 AM   #10
madawgz
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its all because of the fucking wars... and the billions of dollars the US is in debt...
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Old 05-05-2006, 08:20 AM   #11
e-god
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stop the war! I think US should start to use its own oil reserve.
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Old 05-05-2006, 08:36 AM   #12
Quagmire
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They say that it will be on par with the Canadian dollar by the end of May. I miss the old days when the Canadian dollar wasn't worth squat against the US dollar.

Fix your economy bastards.
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Old 05-05-2006, 08:38 AM   #13
nico-t
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it fucking sucks. It's all fucked up.
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Old 05-05-2006, 08:39 AM   #14
ServerGenius
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Originally Posted by e-god
stop the war! I think US should start to use its own oil reserve.
which oil reserve you can call that what's left hardly a reserve
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Old 05-05-2006, 08:47 AM   #15
headless ghost
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Gawd I luv it when they scurm
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Old 05-05-2006, 08:49 AM   #16
nico-t
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btw yesterday i saw a documentary called "why we fight", with quite some ex goverment employees who rub all the facts in your face that it is all about the arms and oil industry, and those two industries go hand in hand.
I'd suggest the bush dick riders to watch that doc, it's not like the micheal moore films who puts his own stamp on it too much. These are all just facts.
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Old 05-05-2006, 08:56 AM   #17
E$_manager
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buy real estate, no gold, no dolllars, no euros.
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Old 05-05-2006, 08:57 AM   #18
CheneyRumsfeld
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Originally Posted by Quagmire
They say that it will be on par with the Canadian dollar by the end of May. I miss the old days when the Canadian dollar wasn't worth squat against the US dollar.

Fix your economy bastards.
Fix what ????????
it is working good.
you will be gone in no time.
Its all part of the Bush plan to starve you out.
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Old 05-05-2006, 09:20 AM   #19
Paul
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Just charge memberships in euros or sterling, problem solved !
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Old 05-05-2006, 09:22 AM   #20
E$_manager
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Originally Posted by e-god
stop the war! I think US should start to use its own oil reserve.
if Us has oil reserves - better for US. Then why all this fuss around oil in Iran and other countries.
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Old 05-05-2006, 09:31 AM   #21
David - PG
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Originally Posted by Cristie
buy real estate, no gold, no dolllars, no euros.
Don't repeat tag lines you read from self-proclaimed financial advisors, do some reasoning on your own.

How does real estate protect you against inflation with rising interest rates on the financing?
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Old 05-05-2006, 09:32 AM   #22
Manowar
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Originally Posted by Scotty.T
Predicted to drop to $2 against Sterling. Sucks big time.
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Old 05-05-2006, 09:34 AM   #23
Manowar
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Originally Posted by Trax
thank god i traded in all my dollar accounts when the exrate was at 1.185 a few months ago
otherwise this would be ugly for me
Very nice!!
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Old 05-05-2006, 10:08 AM   #24
Expo_Vids
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It will get much worse.
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Old 05-05-2006, 10:19 AM   #25
SilentKnight
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It gets more depressing on a daily basis.

I'm developing a lead foot on the gas to get rev checks in the bank the minute they come in these days.

(which, of course uses more gas)
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Old 05-05-2006, 10:31 AM   #26
jjjay
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Originally Posted by headless ghost
Gawd I luv it when they scurm
a weak dollar for everyone else means higher interest rates for you
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Old 05-05-2006, 10:35 AM   #27
CaptainWolfy
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its all because of the fucking wars
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Old 05-05-2006, 11:39 AM   #28
KitA
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sponsors shoud switch to euros or pounds
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Old 05-05-2006, 12:05 PM   #29
Altheon
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Well George wants another $100 Billion in an emergency spending bill so I would predict that the value of the dollar would slide even more. If I rmember correctly every person born in the US today personally owes $37,000 for the national debt. And they say Democrats are bad at fiscal policty. Hmm....

-A
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Old 05-06-2006, 07:32 AM   #30
E$_manager
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Quote:
Originally Posted by David - PG
Don't repeat tag lines you read from self-proclaimed financial advisors, do some reasoning on your own.

How does real estate protect you against inflation with rising interest rates on the financing?
Real estate is what will not fall in price. At least in the country where i live.
It's price is going up all the time. Gold became cheap if you compare it with the last 10 years and you never know what will happen with dollars or euroes - this do not depend on you.
You can buy a house and lend it and have income.
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Old 05-06-2006, 09:11 AM   #31
RawAlex
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When are websites going to start re-pricing in euros?

Alex
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