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Posted: 1/15/2015 9:22:34 AM EDT
[#1]
Franken? Rubel? Murdering Kennedy for his currency views? The dollar is rising because everybody is ditching it?
Yep, ARFCOM is where I always go for currency information.  of
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Posted: 1/15/2015 9:24:03 AM EDT
[#2]
Tell me, when there is greater demand for something then there is a supply of it, what happens to it's price? Bonus hint before you answer: Treasury bonds and dollars are not the same thing.
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Posted: 1/15/2015 9:24:51 AM EDT
[#3]
Quote HistoryQuoted:
and that will start the domino effect of everyone untying their currency to the Euro. This is the beginning of the end of the Euro and the European Union. When Greece bails/ gets booted out. Solidarity. |
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Posted: 1/15/2015 9:26:00 AM EDT
[#4]
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So, I should hit up Apmex with my gold order today? Up over $26 from opening. Your money to waste. In a few days to a few weeks gold will be on sale again though. |
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Posted: 1/15/2015 9:27:01 AM EDT
[#5]
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Swiss exporters must be thrilled! Not really THAT bad as they import basicly all raw materials. |
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Posted: 1/15/2015 9:29:05 AM EDT
[#6]
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Bullshit. All the evidence shows the dollar is strong and is the most desired currency for trade. And demand is rising Quote HistoryQuoted:
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And Arf was just declaring the dollar was dead like a year ago. 
Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Dollar IS dead. Problem is Euro is even more Dead. And what else is there? CHF? Too small. Yen? Too small andalso Dead. So ist the GBP. The Rubel is a bad joke. And the Chinese? FTPRC! Bullshit. All the evidence shows the dollar is strong and is the most desired currency for trade. And demand is rising Hey look, it's not raining outside.................it'll never rain again. Yipppieeeeeeeeee |
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Posted: 1/15/2015 9:29:27 AM EDT
[#7]
"Time for the new world currency!" -The World Bank
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Posted: 1/15/2015 9:29:53 AM EDT
[#8]
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As much as "they" want us to believe that Europeans all get along just wonderfully, it's bullshit, and trying to have a single currency for such disparate economies was a fools errand. Glad I left England and the European disaster when I did. you and me both  , I've been telling my brother to GTFO for years
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Posted: 1/15/2015 9:30:14 AM EDT
[#9]
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And Arf was just declaring the dollar was dead like a year ago.
Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Problem is, the devaluation of the US Dollar doesn't necessarily mean good news for the US Dollar! The DOLLAR lost some purchasing power because of this as well! 
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Posted: 1/15/2015 9:30:40 AM EDT
[#10]
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So, I should hit up Apmex with my gold order today? YES. You should have placed your order last week... |
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Posted: 1/15/2015 9:32:18 AM EDT
[#11]
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and that will start the domino effect of everyone untying their currency to the Euro. This is the beginning of the end of the Euro and the European Union. 
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Posted: 1/15/2015 9:35:26 AM EDT
[#12]
Quote HistoryQuote HistoryQuoted:
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The dollar is rising because countries are exiting it. As bonds are re-deemed, there is is a run for dollars, thus causing it to rise. This isn't what "financial advisors," Money Magazine, or CNBC tells everyone, but it's how velocity of money works in the real world. A huge rise in the dollar will happen right before it finally dies and crashes. http://i.imgur.com/oCZJ3Y2.gif would smash |
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Posted: 1/15/2015 9:37:51 AM EDT
[#13]
And crude is up $5 from its bottom at $44 on Tuesday morning...
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Posted: 1/15/2015 9:39:53 AM EDT
[#14]
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And crude is up $5 from its bottom at $44 on Tuesday morning... PEAK OIL! 
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Posted: 1/15/2015 9:40:53 AM EDT
[#15]
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And crude is up $5 from its bottom at $44 on Tuesday morning... The dollar was the go-to currency with the Franc pegged against the Euro. Now that the Franc is free, its going to drop the dollar in value. Not a lot, but its going to hit. |
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Posted: 1/15/2015 9:41:34 AM EDT
[#16]
Quote HistoryQuoted:
Quote HistoryQuoted:
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The dollar is rising because countries are exiting it. As bonds are re-deemed, there is is a run for dollars, thus causing it to rise. This isn't what "financial advisors," Money Magazine, or CNBC tells everyone, but it's how velocity of money works in the real world. A huge rise in the dollar will happen right before it finally dies and crashes.
That has to be a joke post. |
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Posted: 1/15/2015 9:43:04 AM EDT
[#17]
Quote HistoryQuoted:
That has to be a joke post. Quote HistoryQuoted:
Quoted:
Quoted:
The dollar is rising because countries are exiting it. As bonds are re-deemed, there is is a run for dollars, thus causing it to rise. This isn't what "financial advisors," Money Magazine, or CNBC tells everyone, but it's how velocity of money works in the real world. A huge rise in the dollar will happen right before it finally dies and crashes.
That has to be a joke post. I am not an economist, but I did stay at a holiday inn express last night. if the value goes up, its because people are buying, not selling. the dollar sucks. but it sucks less than everything else out there. Except swiss francs now. |
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Posted: 1/15/2015 9:49:49 AM EDT
[#18]
Quote HistoryQuoted:
I am not an economist, but I did stay at a holiday inn express last night. if the value goes up, its because people are buying, not selling. the dollar sucks. but it sucks less than everything else out there. Except swiss francs now. Quote HistoryQuoted:
Quoted:
Quoted:
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The dollar is rising because countries are exiting it. As bonds are re-deemed, there is is a run for dollars, thus causing it to rise. This isn't what "financial advisors," Money Magazine, or CNBC tells everyone, but it's how velocity of money works in the real world. A huge rise in the dollar will happen right before it finally dies and crashes.
That has to be a joke post. I am not an economist, but I did stay at a holiday inn express last night. if the value goes up, its because people are buying, not selling. the dollar sucks. but it sucks less than everything else out there. Except swiss francs now. Selling instruments denominated in dollars would certainly increase demand for dollars, but if foreign entities are selling US instruments to exit the currency, they would be quickly converting to the foreign currency of their choice. That would mean a lot of dollar selling. I don't personally believe the dollar sucks. I think there are plenty of issues, but when the turds hit the fan everyone tends to go screaming to dollars. By definition currency "strength" is relative, so when people point that out like it is some sort of revelation it blows my mind. |
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Posted: 1/15/2015 9:53:24 AM EDT
[#19]
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Swiss Federal Reserve bank announced today that the binding between the Franken and the Euro is history. Euro / Swiss Franken exchange rate dropped down over 30% in minutes, so did the Dollar and Gold/Silver. The signal to the market will be devastating for the Euro. Stay tuned I was up way early this morning and saw the announcement. Remind me again...where else would we rather be? I do wish this had happened six months ago, before I went to Italy. Always on the wrong side of the timing... |
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Posted: 1/15/2015 9:53:44 AM EDT
[#20]
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And Arf was just declaring the dollar was dead like a year ago.
Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Not quite yet. The Swiss decided that they didn't went to defend the peg when the EU decided to print unbacked currency to stall deflation. Remind you of any other currency? |
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Posted: 1/15/2015 9:55:08 AM EDT
[#21]
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Soviet union suffers its worst wheat harvest in 55 years Gr Ruble collapses. USSR cuts off natural gas supply to Ukraine. |
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Posted: 1/15/2015 9:56:19 AM EDT
[#22]
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Not quite yet. The Swiss decided that they didn't went to defend the peg when the EU decided to print unbacked currency to stall deflation. Remind you of any other currency? Quote HistoryQuoted:
Quoted:
And Arf was just declaring the dollar was dead like a year ago.
Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Not quite yet. The Swiss decided that they didn't went to defend the peg when the EU decided to print unbacked currency to stall deflation. Remind you of any other currency? You mean a currency that has since froze the "presses" and is moving toward normalizing policy while the rest of the world prepares to charge headlong off the QE cliff and lord knows what other obstacles? Whoopty doo. |
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Posted: 1/15/2015 9:58:52 AM EDT
[#23]
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And Arf was just declaring the dollar was dead like a year ago.
Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Yes a solid investment into the 18 trillion debt load. |
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Posted: 1/15/2015 9:58:57 AM EDT
[#24]
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Bullshit. All the evidence shows the dollar is strong and is the most desired currency for trade. And demand is rising The USD is a fiat currency. Every fiat currency in history eventually goes to zero. *No exceptions*. It's only a matter of time. Tomac |
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Posted: 1/15/2015 10:00:37 AM EDT
[#25]
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Yep. Anybody long EURCHF is going to get slaughtered. The NIRP they just expanded on is going to murder those positions. The margin calls are going to be epic today. Quote HistoryQuoted:
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Buy Swiss Francs. Tying to the Euro was their last bid to keep it at a decent level. So much for that. Francs are going to go through the roof. And I was going to buy a watch 
Maybe a Sinn, instead. Yep. Anybody long EURCHF is going to get slaughtered. The NIRP they just expanded on is going to murder those positions. The margin calls are going to be epic today. Anybody shorting is going to get killed as well - as intended. And when I initially read this story earlier this morning, my first thought was of the "Margin call, gentlemen!" scene with the Duke brothers in Trading Places. |
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Posted: 1/15/2015 10:02:04 AM EDT
[#26]
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Anybody shorting is going to get killed as well - as intended. And when I initially read this story earlier this morning, my first thought was of the "Margin call, gentlemen!" scene with the Duke brothers in Trading Places. Quote HistoryQuoted:
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Buy Swiss Francs. Tying to the Euro was their last bid to keep it at a decent level. So much for that. Francs are going to go through the roof. And I was going to buy a watch
Maybe a Sinn, instead. Yep. Anybody long EURCHF is going to get slaughtered. The NIRP they just expanded on is going to murder those positions. The margin calls are going to be epic today. Anybody shorting is going to get killed as well - as intended. And when I initially read this story earlier this morning, my first thought was of the "Margin call, gentlemen!" scene with the Duke brothers in Trading Places. Sell Mortimer, sell! 
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Posted: 1/15/2015 10:02:25 AM EDT
[#27]
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"Time for the new world currency!" -The World Bank "Ooh, ooh, pick the Amero!" - the entire Bush family |
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Posted: 1/15/2015 10:03:09 AM EDT
[#28]
You know the Swiss are charging negative interest for accounts over 10 million (or something like that)
You pay to have the swiss hold your money. http://www.nasdaq.com/article/swiss-banks-to-charge-for-deposits-analyst-blog-cm195434 |
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Posted: 1/15/2015 10:05:52 AM EDT
[#29]
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You know the Swiss are charging negative interest for accounts over 10 million (or something like that) You pay to have the swiss hold your money. http://www.nasdaq.com/article/swiss-banks-to-charge-for-deposits-analyst-blog-cm195434 Group buy. As an aside, where did you hear this? |
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Posted: 1/15/2015 10:06:07 AM EDT
[#30]
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You know the Swiss are charging negative interest for accounts over 10 million (or something like that) You pay to have the swiss hold your money. http://www.nasdaq.com/article/swiss-banks-to-charge-for-deposits-analyst-blog-cm195434 LoL, nice |
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Posted: 1/15/2015 10:11:55 AM EDT
[#31]
So Bitcoin and the Euro crashed, eh?
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Posted: 1/15/2015 10:13:06 AM EDT
[#32]
That is great news, I have been waiting to order a wrist watch from Germany, this will save me more money.
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Posted: 1/15/2015 10:14:10 AM EDT
[#33]
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and that will start the domino effect of everyone untying their currency to the Euro. This is the beginning of the end of the Euro and the European Union. When Greece bails/ gets booted out. Solidarity. Marine LePen must be grinning from ear to ear at this news. Silvio Berlusconi on the other hand, is rolling his eyes and thinking 'I told you so...' |
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Posted: 1/15/2015 10:14:54 AM EDT
[#34]
In for massive EUR QE.
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Posted: 1/15/2015 10:15:24 AM EDT
[#35]
And I'm still here wondering if I should feel happy or worried...
(Short term/Long term) |
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Posted: 1/15/2015 10:21:09 AM EDT
[#36]
Quote HistoryQuoted:
Not quite yet. The Swiss decided that they didn't went to defend the peg when the EU decided to print unbacked currency to stall deflation. Remind you of any other currency? Quote HistoryQuoted:
Quoted:
And Arf was just declaring the dollar was dead like a year ago.
Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Not quite yet. The Swiss decided that they didn't went to defend the peg when the EU decided to print unbacked currency to stall deflation. Remind you of any other currency? The siwss decided that the binding to the Euro was more of a dance with the devil than going free and having the Dollar drop compared to it. It's just that the Euro is evem more worthless than the US Dollar for the Swiss Federal Bankers. |
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Posted: 1/15/2015 10:22:34 AM EDT
[#37]
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And I'm still here wondering if I should feel happy or worried...
(Short term/Long term) Happy. The swiss are the lone adults on the continent now (aside from the danes, it would appear) Pegging the franc to the euro was a complete act of desperation. The problem, of course, is your exports are going to be even more expensive. but since luxury goods seem to be the primary exports, that won't be hit too hard. |
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Posted: 1/15/2015 10:23:45 AM EDT
[#38]
Quote HistoryQuoted: And I'm still here wondering if I should feel happy or worried... (Short term/Long term) |
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Posted: 1/15/2015 10:28:45 AM EDT
[#39]
Just saw on Bloomberg that Swiss ATMs are refusing to dispense Euros now.
"You requested $20. You get $19 and 2 quarts of WTI." LOL |
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Posted: 1/15/2015 10:31:58 AM EDT
[#40]
Socialism doesn't work, kids.
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Posted: 1/15/2015 10:32:26 AM EDT
[#41]
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And Arf was just declaring the dollar was dead like a year ago.
Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Well I guess that's a good thing. |
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Posted: 1/15/2015 10:33:19 AM EDT
[#42]
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The Euro has always been a stupid currency anyway. |
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Posted: 1/15/2015 10:38:21 AM EDT
[#43]
Quote HistoryQuoted: And Arf was just declaring the dollar was dead like a year ago. Everyone in the Eastern hemisphere is in a mad dash to get US dollars. |
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Posted: 1/15/2015 10:42:02 AM EDT
[#44]
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I think she's an actress and I don't know her name but she's hot as fuck! Quote HistoryQuoted:
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The dollar is rising because countries are exiting it. As bonds are re-deemed, there is is a run for dollars, thus causing it to rise. This isn't what "financial advisors," Money Magazine, or CNBC tells everyone, but it's how velocity of money works in the real world. A huge rise in the dollar will happen right before it finally dies and crashes. http://i.imgur.com/oCZJ3Y2.gif I think she's an actress and I don't know her name but she's hot as fuck! That be Emma Stone. 
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Posted: 1/15/2015 10:42:28 AM EDT
[#45]
Europe thrown into turmoil as Swiss let franc soar
(Reuters) - Global markets were thrown into turmoil on Thursday as a shock move by Switzerland to abandon its more than three-year-old cap on the franc sent the currency soaring and Europe's shares and bond yields tumbling.
The franc jumped by almost 30 percent in a chaotic few minutes after the 1.20 per euro cap in place since late 2011 was lifted, surging past parity to trade as high as 0.8052 francs per euro. It was trading at 1.02600 at just after 1200 GMT. Over 100 billion francs ($98 billion) was wiped off the value of Swiss stocks, their biggest daily fall in 26 years, while the pan-European FTSEurofirst 300 slumped 2 percent and Wall Street futures turned negative.
As investors scrambled for traditional safe-haven assets, there were new record low yields for Germany's government bonds and gains for the yen and gold. http://in.reuters.com/article/2015/01/15/markets-global-idINKBN0KO0YH20150115 |
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Posted: 1/15/2015 10:42:36 AM EDT
[#46]
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Everyone in the Eastern hemisphere is in a mad dash to get US dollars. Look, we're the football team that can't run and can't pass. But we're going to be the team that can't run, can't pass, can't block, and can't tackle. Quote HistoryQuoted:
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And Arf was just declaring the dollar was dead like a year ago.
Look, we're the football team that can't run and can't pass. But we're going to be the team that can't run, can't pass, can't block, and can't tackle. That is ridiculous. I can say the same thing about all NFL teams since they've all lost games this year, made horrible plays, fumbled, missed kicks, etc. By definition, currency strength is relative. Pointing out the winner as a loser because they could be better is weird. Fortunes rise and fall, and that is how it has been throughout all of history and how it will be forever into the future. Pointing that out as some kind of revelation is strange. The biggest danger this country faces is the eternal pessimism of its citizens. It's sad. |
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Posted: 1/15/2015 10:43:58 AM EDT
[#47]
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Brass and lead. The only really stable metals investment. |
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Posted: 1/15/2015 10:44:44 AM EDT
[#48]
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The only really stable metals investment. Quote HistoryQuoted:
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Brass and lead. The only really stable metals investment. Yup. I haven't witnessed any price volatility in ammo over the last decade. Smooth sailing! |
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Posted: 1/15/2015 10:50:50 AM EDT
[#49]
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Tin foil hat on? In the future. Not long after after the planned collapse of the dollar. We will wish we had arrested, tried and convicted the key global bankers for their worldwide criminal debt based Fiat money scams. We will wish we would have confiscated the trillions they scammed from our treasury in gold that they have stashed in their "Private" banks. We will wish we started anew with a old style PM backed US dollar with no global banker outsider influence. Like what JFK tried to do with the Silver certificates before they murdered him and made an example out of him. But people are really stupid and after the collapse they will gladly accept the Newest worthless single global Fiat currency they have planned.  Is YOUR tinfoil hat on? 
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Posted: 1/15/2015 10:51:05 AM EDT
[#50]
Swiss franc goes way higher... And my thought is if I should buy some gp11 ammo
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