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-   -   Dollar keeps dropping, dropping and dropping even more :/ (https://gfy.com/showthread.php?t=606062)

Jensen 05-05-2006 06:07 AM

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.

Rebecca Love 05-05-2006 06:07 AM

buy gold.:thumbsup

headless ghost 05-05-2006 07:56 AM

sell dollars
buy euros

Scotty.T 05-05-2006 07:56 AM

Predicted to drop to $2 against Sterling. Sucks big time.

Ross 05-05-2006 07:57 AM

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!

The Duck 05-05-2006 07:57 AM

soon I will be wiping my ass with sponsor checks

Trax 05-05-2006 08:05 AM

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

minusonebit 05-05-2006 08:06 AM

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?

rip raster 05-05-2006 08:16 AM

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

madawgz 05-05-2006 08:20 AM

its all because of the fucking wars... and the billions of dollars the US is in debt...

e-god 05-05-2006 08:20 AM

stop the war! I think US should start to use its own oil reserve.

Quagmire 05-05-2006 08:36 AM

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.

nico-t 05-05-2006 08:38 AM

it fucking sucks. It's all fucked up.

ServerGenius 05-05-2006 08:39 AM

Quote:

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 :upsidedow

headless ghost 05-05-2006 08:47 AM

Gawd I luv it when they scurm
:1orglaugh

nico-t 05-05-2006 08:49 AM

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.

E$_manager 05-05-2006 08:56 AM

buy real estate, no gold, no dolllars, no euros.

CheneyRumsfeld 05-05-2006 08:57 AM

Quote:

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.
:1orglaugh

Paul 05-05-2006 09:20 AM

Just charge memberships in euros or sterling, problem solved !

E$_manager 05-05-2006 09:22 AM

Quote:

Originally Posted by e-god
stop the war! I think US should start to use its own oil reserve.

if Us has oil reserves - :thumbsup better for US. Then why all this fuss around oil in Iran and other countries.

David - PG 05-05-2006 09:31 AM

Quote:

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?

Manowar 05-05-2006 09:32 AM

Quote:

Originally Posted by Scotty.T
Predicted to drop to $2 against Sterling. Sucks big time.

:Oh crap :Oh crap

Manowar 05-05-2006 09:34 AM

Quote:

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!!

Expo_Vids 05-05-2006 10:08 AM

It will get much worse.

SilentKnight 05-05-2006 10:19 AM

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) :1orglaugh

jjjay 05-05-2006 10:31 AM

Quote:

Originally Posted by headless ghost
Gawd I luv it when they scurm
:1orglaugh

a weak dollar for everyone else means higher interest rates for you

CaptainWolfy 05-05-2006 10:35 AM

its all because of the fucking wars

KitA 05-05-2006 11:39 AM

sponsors shoud switch to euros or pounds:)

Altheon 05-05-2006 12:05 PM

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

E$_manager 05-06-2006 07:32 AM

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.

RawAlex 05-06-2006 09:11 AM

When are websites going to start re-pricing in euros?

Alex


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