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View Full Version : We are in big trouble guys




enjerth
11-07-2007, 11:48 AM
I saw this on another forum. I checked out the dollar index and it's right on.

http://www.fxstreet.com/rates-charts/usdollar-index/

There you can select a period of up to 1000 days, which shows the lowest bottom on the previous downtrend was January 2005 when the dollar hit an index of 80 after peaking around 90 a few months earlier. This downtrend starts at 82 and it's falling much faster.

It's gonna be an expensive winter for oil heating (and imports in general). 2004/05 was bad, but we're starting from just above the 2004/05 bottom and falling from there.



US Dollar Index August 15- 82
US Dollar Index Today 76

That is, a 7.3% drop as measured against six other major world
currencies in less than 3 months

Gold, August 17 $650
Gold, Today $821

That is, a 26.7% increase since August 17

Silver, August 17 $11.60
Silver, today $15.31

That is, a 31.98% increase since August 17

Oil, light crude NYMEX, August 21 $69
Oil, today $96.46

That is, a 39.8% change since August 21.

freelance
11-07-2007, 12:06 PM
What a lovely stair step that chart is. That is one UGLY chart.

91-day Canadian funds, anyone?

Wendi
11-07-2007, 01:07 PM
The sky is falling, the sky is falling...

I say, let it fall. The sooner it does, the sooner we can begin cleaning up the mess and getting this nation back on track.

The market is crashing, HR 1955 will soon be law, we're nearer by the minute to war with Iran, martial law is being tested worldwide. I'm still hoping we can pull off this peaceful revolution, but if the sky falls first... then so be it. I'm ready.

Are you?

lucius
11-07-2007, 01:13 PM
Slw, Bhp, Fxi, Ewz, Ogmcx, Pnrzx,

freelance
11-07-2007, 01:20 PM
Slw, Bhp, Fxi, Ewz, Ogmcx, Pnrzx,

After all the STFU, OMG, LOL, etc. that I've been reading here over the past few months, I had to look really hard before SLW and BHP slapped me in the face.

:eek::eek::eek: