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Fundamentals of U.S. Economy

Discussion in 'News' started by metallix, Jan 19, 2006.

  1. metallix

    metallix 12oz Elite Member

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    Fundamentals of U.S. Economy

    Discussion started by metallix - Jan 19, 2006

    (sorry i put this into the wrong forum)
    -Declining housing market
    -Investment of wealth into non productive assets (war)
    -Net debtor Nation
    -Rising costs of fuel
    -10 Year high of Gold

    "Risks to the global economy, for example a record current account deficit in the U.S. that could prompt currency traders to drive down the value of the dollar and make European goods more expensive to buyers overseas, ``remain unchanged,'' he said.

    ``They haven't unloaded and we hope that it will stay like that, that the imbalances are reduced in a gradual and bearable manner,'' Issing said. "[​IMG]

    http://quote.bloomberg.com/apps/news?pid=1...qrpE&refer=home


    Monthly Dollar Chart:

    [​IMG]


    [​IMG]

    Eur Vs. USD



    Which currency would offer the best trade (not investment?)
    Are we going to see a gold decline?
    Buy into gold or sell gold?
    Buy oil or sell oil?
    Nigeria/Iran influence oil price up? today there 65/66 will there be 70?
    Recession or Depression?
     
    metallix - Rank: 12oz Elite Member - Messages:
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  2. Dirty_habiT

    Dirty_habiT Dirty Dozen Crew

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    Dirty_habiT - Replied Jan 19, 2006

    Hwuaa?
     
    Dirty_habiT - Rank: Dirty Dozen Crew - Messages:
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  3. PUMPKIN ESCOBAR

    PUMPKIN ESCOBAR 12oz Senior Member

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    PUMPKIN ESCOBAR - Replied Jan 19, 2006

    I hate this kid.
     
    PUMPKIN ESCOBAR - Rank: 12oz Senior Member - Messages:
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  4. KING BLING

    KING BLING Guest

    KING BLING - Replied Jan 19, 2006

  5. angelofdeath

    angelofdeath 12oz Elite Member

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    angelofdeath - Replied Jan 19, 2006

    gold is historically the most stable currency and is how one determines the stability of thier currency. since we started counterfeiting money, the dollar is decreasing in value every second, and the fed is robbing us blind through inflation. where are the protests?

    as for buying gold, its like anything else. when everyone is selling it, you buy it. it has been down for 20 years, look at it now.
     
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  6. Dawood

    Dawood 12oz Elite Member

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    Dawood - Replied Jan 19, 2006

    I was seriously considering buying a gang of gold a few years ago when I had a little change laying around. I wish I did then, Oh well, next time.
     
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  7. John Birch

    John Birch 12oz Member

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    John Birch - Replied Jan 19, 2006

    stocks are doing better, which usually means the economy is sucking, strangely enough, but my mutual funds just had a big jump in value...


    cha-ching
     
    John Birch - Rank: 12oz Member - Messages:
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