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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (57466)7/15/2007 10:57:05 AM
From: Rock_nj  Read Replies (1) | Respond to of 57584
 
The US Dollar sinking should come as no surprise.

The big surprise for a lot of Americans will be when the Canadian Dollar is at parity with the American Dollar. It's not very far off now, about a nickel from parity, and could be at parity later this year. Why is it not a surprise that the dollar is so week these days? I look at it as an indication that our economy/currency is overly debt laden and not supported by real hard assets like gold and oil. It makes me feel uneasy about where we are heading, like we are building an economy based on a house of cards that could collapse at any moment.



To: Rande Is who wrote (57466)8/4/2007 12:45:55 PM
From: Bucky Katt  Respond to of 57584
 
Rande, add in crumbling US infrastructure to your 3rd paragraph. Putin is staking claim on the Arctic>
Russia to sink flag to Arctic Sea floor in oil, land grab>
Message 23754465

Falling bridges>
Message 23754369

And the topper that indicates the easy $money days are over, if not long in the tooth>

Jim Crater has a complete meltdown on the air, basically demanding the FED bail out his ultra-wealthy buddies/financialcompanies that screwed up>
youtube.com

This should be required watching in business school.

I speculated a long time ago that while other countries would be coming up to our standard of living, we would be eventually heading south in comparison.