Quote:
Originally Posted by doctodd
Things will only get worse with the way our govt is spending money like drunken sailors and the devaluation of the dollar thanks to that same govt printing money(the Fed) to fuel their spending. Eventually the dollar wont be a legitimate world currency, which is exactly what some people want.
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Agreed. I'm in the money business and if you look at the charts (and believe the patterns), we're set up for a downside target of the dollar around 0.50 or below
Right now we're in the low 0.70's....just keep printing money, Mr Fed chairman. Oh yeah, and what a perfect time to purchase "hard" asset like a new BDR!!