euro is almost 1.4 agasint the dollar. yen is almost 94

[pico]

obama printing press working over time.

what is the point of saving money when you can only buy a bigmac by the time you retire.

[Mudcat]

US dollar was 1.1673 Canadian when I checked on Monday.

Down to 1.1226 this morning.

Helluva week.

[AgainstAllOdds]

I thought U.S. currency in relation other markets has been going up (Getting better)?

[RageWizard]

Now you know why I have been telling you all to buy Mining stocks. Inflation will kick in and during the recovery commodities such as copper, silver, platnium, just about all of them except gold will rise to very high levels. Gold however will not get above $1000 for long because a shitload of gold is controlled by Goldman will Sach you, and they might as well be called a government agency since they are controlled by the Fed. The Fed is in the business of money so they alone will keep the price of gold down and then tell you that inflation is under control since gold is an inflationary indicator.

[AgainstAllOdds]

Now you know why I have been telling you all to buy Mining stocks. Inflation will kick in and during the recovery commodities such as copper, silver, platnium, just about all of them except gold will rise to very high levels. Gold however will not get above $1000 for long because a shitload of gold is controlled by Goldman will Sach you, and they might as well be called a government agency since they are controlled by the Fed. The Fed is in the business of money so they alone will keep the price of gold down and then tell you that inflation is under control since gold is an inflationary indicator.

I thought Warren Buffet bought a large stake of Goldman Sachs and had majority ownership?

[Bluehorseshoe]

I thought Warren Buffet bought a large stake of Goldman Sachs and had majority ownership?

He also bought American Express and some Irish banks and got killed.

I watched him on CNBC the other night and he's starting to look shaky.

[Mudcat]

I thought U.S. currency in relation other markets has been going up (Getting better)?

Depends on your point of comparison. US and Canadian dollars were at par not too long ago. Last summer I think ???

So since then, the US dollar is up significantly.

But two months ago it was worth 1.26 Canadian and now it's 1.12.

Glass half full / glass half empty.

[pico]

us and uk gov might lose their AAA credit rating. not a good sign...

[RageWizard]

He also bought American Express and some Irish banks and got killed.

I watched him on CNBC the other night and he's starting to look shaky.

Don't worry about Buffet, he has enough money to wait out any downturn. He can wait for 5 years with all of his investments. Well maybe not Buffet himself, but Buffet's aires can.

[pico]

rage, what do you think about cheung kong holding and hutchinson whampoa limited?

http://en.wikipedia.org/wiki/Cheung_Kong_Holdings

http://en.wikipedia.org/wiki/Hutchison_Whampoa_Limited

[JBC77]

Dollar has been getting crushed all week. That bodes well for my silver and gold positions though.

Look for the printing presses to keep rolling as Obama and his merry band of psychotic liberals will need to bail out the entire state of California in the coming weeks. Looks like all those green technologies coming out of the liberal laboratory Cali are really working well for them.

Working so well in fact they want to push it on the rest of us. The U.S will now help the UAE (Dubai) build nuclear reactors to meet growing energy demands while here at home we explore wind mills and solar power to throw us back into the stone ages.

This is the worst president, in terms of understanding economic and business forces the world has ever seen.
Middle of a depression and the guy is pushing universal healthcare and a cap and trade carbon emissions tax.

Obama is a f!%^&ing train wreck.

[pico]

Dollar has been getting crushed all week. That bodes well for my silver and gold positions though.

Look for the printing presses to keep rolling as Obama and his merry band of psychotic liberals will need to bail out the entire state of California in the coming weeks. Looks like all those green technologies coming out of the liberal laboratory Cali are really working well for them.

Working so well in fact they want to push it on the rest of us. The U.S will now help the UAE (Dubai) build nuclear reactors to meet growing energy demands while here at home we explore wind mills and solar power to throw us back into the stone ages.

This is the worst president, in terms of understanding economic and business forces the world has ever seen.
Middle of a depression and the guy is pushing universal healthcare and a cap and trade carbon emissions tax.

Obama is a f!%^&ing train wreck.

i wouldn't be suprised if obama start giving tax breaks to organic farms

[Emily_Haines]

Peter Schiff says no way is he getting on this plane. He says Obama has guys running the country the equivalent of 13 year olds flying airplanes. He says this plane is heading straight into a cliff and will not land. The Canadian dollar was worth $1.30 two weeks ago and today is worth $1.14.

Obama says that once inflation starts to get ugly they will magically just higher interest rates and stop it.

[BrentCrude]

Pico,weren't you a once raging lib?Why the epiphany where you are now an Obama detractor?I think you used to ridicule me for bringing up the stuff you are now bringing up?What happened in your life where you saw the light?Hell,every sane person I know is now seeing the light even if they never did before.I think both the democrats and republicans are so out of touch that libertarianism is gaining a foothold and that's tough with everything from the media to public education brainwashing you that voting democrat id the only thing to do.

[Slim]

I hope people don't vote for this tool next election.

[DwightShrute]

1,339
Days Until Barack Obama is Out of Office

[JBC77]

Here's another Barack "Hollywood" Obama first, in the Chrysler debacle, the bond holders had seniority over all other debtors. The UAW which were heavy supporters of Obama were the junior creditors in this instance.

He threatened the bond holders and gave the UAW debtors seniority. If memory serves, the bondholders got .30 on the dollar while the UAW got .50 on the dollar.

First time in history an administration broke contract law, threatened and belittled legal bondholders and gave junior creditors, who by the way contributed to his campaign.....the upper hand.

F$%^ING TRAIN WRECK.

He's a shoe in for a second term because 95% of the idiots in this country are TV watching sheep who are in love with our movie star president.

People better wake up and fast. Don't cry when your paying $20.00 for a loaf of bread and you don't have any gold and silver to feed your family. Cause' you can see this plane crash a mile a way.....

[Slim]

Obama is our lord.

[tacomax]

Yes we can!

[pico]

obama is clueless

[Slim]

obama has failed