SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (23852)12/30/2009 7:39:54 AM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
Re: [The question, (as always), becomes: WHAT do you compare the Dollar to?] "Why don't you tell me?"

(At the moment... I can't find ANY significant sovereign currency in the world with any better prospects then the Dollar. Remember: even the Yuan and the Ruble [and, to some extent the Yen] are still *pegged* to the Dollar.)

Re: "The dollar chart shows the dollar moving lower for many months now, it doesn't just do that on its own..."

As you well know (since I've posted the Dollar index charts directly to you, charts covering the past 15 years or so, and even longer charts going back to early in the Nixon administration, which show this) the Dollar has been on a long and mostly gradual depreciation since the Vietnam War... although, (to get just a bit more current), the Dollar DEPRECIATION accelerated a lot during the entire two terms of Bush II. That acceleration of the average amount of annual depreciation took the Dollar *below* even it's long-term central trend!

At this moment the Dollar is in a rally... but even before that rally began the Dollar was never as low as it was toward the end of the Bush II years....

Even now the Dollar is still well above it's value from back in the Spring of 2008 --- which was even before the bulk of the financial crisis hit.

The Dollar looks to be a pretty good spec. for the near-to-mid-term now... (at least when compared to the other major currency alternatives).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News