1 US Dollar equals 0.95 Euro and climbing fast

Discussion in 'Financial Cents' started by Quigley_Sharps, Apr 13, 2015.

  1. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    interesting time to sell Gold?
    Brokor likes this.
  2. HK_User

    HK_User A Productive Monkey is a Happy Monkey

    Good time to purchase that ART that is listed in Euros.
    Tully Mars and Quigley_Sharps like this.
  3. Seacowboys

    Seacowboys Senior Member Founding Member

    I loved skewed statistics...dollar rising against Euro or Euro depreciating faster than dollar?
  4. Tully Mars

    Tully Mars Metal weldin' monkey

    My first thought Sea.
    3M-TA3 likes this.
  5. Mindgrinder

    Mindgrinder Karma Pirate Ninja|RIP 12-25-2017



    Hmmm....dollar up...gold/silver up at the same time....wonder why? That's not "normal".

    The $9-trillion short that’s seen sending the U.S. dollar even higher - The Globe and Mail

    Rates ‘Dichotomy’

    Adrian Lee, whose eponymous investment company oversees more than $5-billion, does expect the dollar to keep strengthening and points to monetary policy as the biggest driver as the tightening bias of the Fed contrasts with a European Central Bank that’s expanding the money supply.

    “The dichotomy between Europe and the U.S. is most interesting,” said Mr. Lee, chief investment officer at Adrian Lee & Partners, which has offices in London and Dublin. “If you ask where our strategy would be in a year’s time, we can easily have a forecast of the euro well below $1.”

    He also sees another structural factor that’s underpinning the dollar: the U.S.’s shrinking current-account deficit.

    The decline in oil prices -- even with the shale-gas revolution, the nation is still an importer -- has helped the U.S. reduce its trade shortfall to 2.3 per cent of gross domestic product, according to data compiled by Bloomberg. That’s down from a record 5.9 per cent in 2006.

    For Mr. Jen, the rise in dollar-denominated debt across the globe is key. The $9-trillion owed by borrowers outside the U.S. has surged from $6-trillion at the end of 2008 -- when the Fed cut its benchmark interest rate to near zero, making it cheaper to issue in the currency.

    If the dollar was actually "strong" - you wouldn't be heading into austerity.
  6. Cruisin Sloth

    Cruisin Sloth Special & Slow

    so with the canuk buck at 75-80 cents per , that makes our fuel cheap for usa , Not for me , 4.75 per USG or 5.60 per Real imperial Gallon .
  7. Troy brownrigg

    Troy brownrigg How my next home will be constructed!

    Just remember it takes about $10.00 to buy a pound of steak. Beef cattle are selling for $4.00 a pound or more making each one worth $6,000. and climbing faster then both currencies. Keep your gold/ silver/ livestock. These currencies are nothing but paper backed by blind faith. Soon the dollar will collapse when the Chinese tell Walmart pay in Yuan.
    Ganado and tulianr like this.
  8. vonslob

    vonslob Monkey++

    I remember Jim Rogers saying years ago the we would experience rising commodity prices in a deflationary environment, looks like he was right.
  9. 3M-TA3

    3M-TA3 Cold Wet Monkey

    China's economy is slowing down and the Ruble is in the toilet due to low gas prices. I think the dollar is simply falling slower in comparison due to mass. Either that or it's just the next engineered bubble designed to strip wealth from the masses who fall for it.

    I rely on my wife to make sure we aren't vulnerable by keeping our supply of dollars as low as possible...
    tulianr and Tully Mars like this.
  10. Gator 45/70

    Gator 45/70 Monkey+++

    I made loan to myself from one of my 401K's to pay cash for a tractor this week. The way I see it I have lowered my exposer to a crash + I'm paying myself back at 4.25%
    Suck it Bankers
    Tully Mars, HK_User and tulianr like this.
  11. Troy brownrigg

    Troy brownrigg How my next home will be constructed!

    Latest project!

    greenhouse 4.
  12. HK_User

    HK_User A Productive Monkey is a Happy Monkey

    I took their no interest payments.
    Tully Mars and Gator 45/70 like this.
survivalmonkey SSL seal        survivalmonkey.com warrant canary