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Originally posted by camaro68ss
reply to post by cpdaman
IDK I think the ASilver and gold market is to powerful to be knocked down to its 200 DMA. I think we are going to see the USD rise up to June 30th and silver will stay in the $34-$40 Range.
If silver drops below $30 i know a bunch of people that will be jumping in buying it as low as possible. Its just to powerful of a movement right now.
Right now my sector of work is at the braking point. we were able to hold off this depression for the last 3 years but i fear we only have a few more months of holding on. I know when we go there is going to be alot of other that will be falling with us. Good luck to you all
- Yields 4.380% vs. Exp. 4.343%
- B/c 2.43 vs. Avg. 2.53 (Prev. 2.51)
- Indirects 33.0% vs. Avg. 42.39% (Prev. 43.13%)
Originally posted by Agent_USA_Supporter
Just to update you guys and gals here in canada, where i am in toronto the prices on everything has gone up again
And the US side is completely in dreamland: whilst the country has reached unsustainable levels of debt, the leaders in Washington have made this topic an election issue, as illustrated by the question of the Federal debt ceiling which will be reached on May 16 (19). Comparisons abound in the US and international financial press with the Clinton years where a similar problem had arisen without major consequences. Obviously a sizeable part of the US elite and financiers haven’t yet taken on board the fact that, unlike the 90s, the United States today is seen as the “sick man of the world” (20), in which any sign of weakness or serious inconsistency can trigger uncontrolled panic.
Crazy central bankers, world leaders without a roadmap, economies at risk, inflation rising, currencies in trouble, frenzied commodities, uncontrolled Western debt, unemployment at its highest, stressed societies ... there’s no doubt, the explosive fusion of all these events will really be the memorable event of the second half of 2011!
Originally posted by cpdaman
reply to post by camaro68ss
yes dollar is taking a beating today.....
wow down nearly full point to offset huge selling from poor job numbers.
dollar now at 73.7 or so
if dollar takes out lows of 73 from 1.5 months ago fed will really be in a box....but i guess they will have got a short term solution that keeps stocks from tanking.
perhaps all pomo money went into selling USD today
if dollar went up nearly a point ....stocks would be down about 400 points as of now....and oil would be about 6 % lower today LOL.edit on 3-6-2011 by cpdaman because: (no reason given)
Originally posted by Shenon
reply to post by cpdaman
Everyone knows that the US is on its last Leg,
Everyone knows that the EU is on its last Leg.
If the US goes down first,the EU will blame them for their own crash soon after,
If the EU goes down first,the US will blame them for their own crash soon after.
Both are trying to kill each other now,because the one who wins,will write History.
And i think the Removal of DSK was a Step to prevent another/other Bailout(s) (among other things). Did you ever wonder why the last few Months felt like the US Elite waited for something to happen?
IF Greece gets another Bailout (the Chance is good me thinks),then the US Elite has a Problem. And i think this E.Coli Virus has something to do with it. There are other Theorys,but remember that the first to blame was Spain? Their Economy is already in a bad shape,so this may have made it even worse.
Even if this may be a little Off-Topic,but i suspect we will see (more) False-Flags in some European Countrys with an Economic Crisis,to make it worse,to kill the Euro sooner.