US dollar getting hammered.
Submitted by RideTheDirt on Mon, 08/03/2009 - 12:32
http://quotes.ino.com/chart/?s=NYBOT_DX&v=d1
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDltYq6Y...
July 31 (Bloomberg) -- The dollar slumped to the lowest level of the year, U.S stocks climbed to a nine-month high and gold, oil and copper rallied after a smaller-than-forecast contraction in the economy sent investors to higher-yielding assets. Treasuries increased as inflation concern eased
»




















I guess we all knew this would happen
at some point, right?
Not looking to pretty today..
Started off a little below 78 and now down to 77.56. :o(
Ride: Tech Ticker agrees....Buy Gold!
$50 away from all time high!
This guy talks like Ron Paul!
http://finance.yahoo.com/tech-ticker
Another thing we all can thank the Fed for.
Rush passage of Ron Paul's H.R.1207 audit the Fed bill, before the value of the dollar is so low it will take 40 or 50 of them to buy a gallon of gas.
End the Fed and Return to Sound Money !
Thanks for the chart.
beesting