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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (25411)12/11/2009 8:39:43 AM
From: DebtBomb  Respond to of 71456
 
Nov retail sales up for third month in last four
WASHINGTON (MarketWatch) - U.S. retail sales rose a better-than-expected 1.3% in November, the third increase in the past four months, the Commerce Department estimated Friday. The sales gains were widespread across most kinds of retail outlets, including autos, gasoline, department stores and hardware stores. Only clothes and furniture store sales declined. The consensus forecast of Wall Street economists was for retail sales to rise 0.5%. Excluding autos, sales rose 1.2%, the biggest gain since January. Wall Street had expected a increase of 0.4%. Excluding gasoline and autos, sales increased 0.6%.

marketwatch.com



To: Real Man who wrote (25411)12/11/2009 8:51:34 AM
From: DebtBomb  Respond to of 71456
 
I agree....dollar new lows....how can it not? You can't tell me the u.s. and the dollar are in better shape today than July 2008 at 71 dxy, after the financial system of the u.s. blew up in Sept. 2008. Look at all of the printing too. That dollar pig should sink to like 60....then the fed will freak. IMHO.



To: Real Man who wrote (25411)12/11/2009 9:00:01 AM
From: DebtBomb  Read Replies (1) | Respond to of 71456
 
Short term....if the dollar does go up on hedge funds freaking out....I will short everything....the market would collapse, IMO.