View Full Version : How long do you think this will last?

Give me liberty
06-02-2008, 04:51 AM

Oil falls more than $1 as dollar firms

Oil fell more than $1 to near $126 on Monday as the U.S. dollar firmed and as the market shrugged off Tropical Storm Arthur, which marked the start of the Atlantic hurricane season by shutting two Mexican oil ports.

The U.S. greenback has rebounded against the euro on the prospect of the Federal Reserve eventually lifting rates. The dollar scored back-to-back monthly gains against the euro in April and May for the first time since early 2007.

I still think the dollar will go down.

06-02-2008, 05:08 AM
Until November?

Anti Federalist
06-02-2008, 05:33 AM
Who knows?

When the PTB start playing fast and loose with the funny money supply, there's no telling where things will end up.

They could get things under control or it could spiral up and out of anybody's control like Zimbabwe.