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Old 03-25-2008, 11:26 PM
 
Location: Sputnik Planitia
6,906 posts, read 9,685,569 times
Reputation: 7598

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Hitting new lows every day, it's like a broken record. I have a few cousins in Europe and they are telling me that people there are beginning to refuse dollars because the value is dropping so fast. Mr. Bernake is destroying our currency!!!

Some good (or should I say bad) views:


YouTube - The inevitable collapse of the dollar


YouTube - People And Power: Death of the Dollar
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Old 03-26-2008, 06:35 AM
 
Location: South Central PA
1,562 posts, read 4,018,672 times
Reputation: 372
Actually, the dollars strength is what caused oil to drop roughly 10% in the past week or so...
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Old 03-26-2008, 09:01 AM
 
Location: Great State of Texas
86,068 posts, read 76,658,613 times
Reputation: 27647
There's also plenty of speculation in commodities right now. That is causing lots of price swings.
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Old 03-26-2008, 09:40 AM
 
Location: Great Rep. of Texas
76 posts, read 247,501 times
Reputation: 21
There's always Pesos !
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Old 03-26-2008, 01:48 PM
 
Location: Atlanta
281 posts, read 984,907 times
Reputation: 200
Quote:
Originally Posted by HappyTexan View Post
There's also plenty of speculation in commodities right now. That is causing lots of price swings.
I am holding tight to my corn futures I bought a couple of years back....price of food up and demand for bio fuel...could be good
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Old 03-26-2008, 01:59 PM
 
Location: America
6,993 posts, read 16,028,719 times
Reputation: 2083
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time it right. If they don't go with biodiesel there will be a speculation period before it goes belly up.
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Old 03-26-2008, 02:12 PM
 
Location: Atlanta
281 posts, read 984,907 times
Reputation: 200
Quote:
Originally Posted by Wild Style View Post
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time it right. If they don't go with biodiesel there will be a speculation period before it goes belly up.

That is what I am afraid of...so far today here is where I stand on corn...I may get out sometime this year take my profit and put it into junk stocks.

Corn (CBT)
May 08 (cents per bu.) 552.25 +7.50 561.00 546.00 552.25 3/26 2:26pm
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