us dollar devaluation 12/ 2010

Discussion in 'Financial Cents' started by Tango3, Nov 27, 2009.

  1. Tango3

    Tango3 Aimless wanderer

  2. Brokor

    Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member

    onos! Not again!!!

    hehe. Hey, at least these FRN's can still be traded in for gold and silver, albeit a little slanted in the market at the moment.
  3. Tango3

    Tango3 Aimless wanderer

    what the hell's wrong with Dubai today ???Oil sheiks over extended? (,Ahmahd's got one too many airliners???)
  4. ghrit

    ghrit Bad company Administrator Founding Member

    Monetized debt will do it. This is a government owned development company trying to reduce it's exposure if I understand all I know.
  5. Tango3

    Tango3 Aimless wanderer

  6. SLugomist

    SLugomist Monkey++

    aaww crap, it's only one company!, I thought it was the whole country, from the yahoo report.

    This is just the start of the commercial real estate crisis we are about to see.
  7. Tango3

    Tango3 Aimless wanderer

    Me too.sheesh..
  8. dpwozney

    dpwozney Monkey+

    If the stated value, of “Federal” Reserve notes, declines enough with respect to copper and nickel, the 1946-2009 nickels, composed of cupronickel alloy, could completely disappear from mass circulation.

    According to the “United States Circulating Coinage Intrinsic Value Table” available at, the April 6th metal value of these nickels is “$0.0604077” or 120.81% of face value.
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