[mattduke]

$this->bbcode_second_pass_quote('highlander', '1')3:00 PST and it's 77.36. Where is the bottom?

[emersonbiggins]

77.341

Wheeee!!!1!!!11

[Twilight]

$this->bbcode_second_pass_quote('WhatMeWorry', 'B')eing a fairly financial dullard with a 401k what are my options as the dollar continues to plummet? The market keeps reaching for the stars but I feel the impending collapse approaching. Here I am with one foot in each world...the present and post peak. I feel like I'm watching a train wreck in slow motion.

[mattduke]

So with net foreign selling of treasuries the question is, "who was buying?", especially since yields FELL during that interval:

So perhaps someone could explain to me why the U.S. Treasury complex rallied like a bad thing in the month of August?

You see folks, I have a memory.

I recall quite vividly that the “line from officialdom” and widely reported in the main-stream-financial –press, was that August's rally in Treasury Yields was all about a ‘supposed flight to quality'.

It now seems that we were all sold a ‘bill of goods'.

link

[roccman]

77.08

Gold up BIG!!!!!!!!!!!!!!!!

Oh and UK troops in Iran chasing gun runners.

Cheers

[threadbear]

Looks like it just dropped about 5 bucks, Roccman

[Plantagenet]

The current "Forbes" magazine contains an interview with a currency trader who is advising his clients that now is the time to buy dollars and sell Euros. The dollar is low, and he is old-fashioned enough to believe in a "buy low-sell high" approach to investing.

[Twilight]

$this->bbcode_second_pass_quote('threadbear', 'L')ooks like it just dropped about 5 bucks, Roccman

[Revi]

Great... What should us proles do about this? Will the dollar strengthen, or will it keep dropping?

[Twilight]

I'm sure the world's central bankers have a few surprises up their sleeves, they are resourceful people. But in the long term, the dollar will keep declining. I picture it this way: the US has too much debt to maintain its purchasing power. The reality is complex, but that makes a lot of sense to me.

[Revi]

Maybe there will be a little breather, so we can do something with our meagre retirement savings. It would be nice. I am not too optimistic about retirement any more. I guess we just have to live one day at a time...

[mattduke]

Congratulations, you just got a raise in terms of gold and silver. Are they whacking the markets pre-Fed meeting, or is this more credit crunch selling?

[jasonraymondson]

77.928

[strider3700]

It looks like we've bounced and are back at 78 at this point. Gold down $15 so far.

[roccman]

$this->bbcode_second_pass_quote('strider3700', 'I')t looks like we've bounced and are back at 78 at this point. Gold down $15 so far.

[jasonraymondson]

$this->bbcode_second_pass_quote('strider3700', 'I')t looks like we've bounced and are back at 78 at this point. Gold down $15 so far.

[Chuckmak]

lost a half percent to be at 77.544

[Revi]

I think you'll like this from the Onion:

http://www.theonion.com/content/news_br ... ps_against

[Chuckmak]

$this->bbcode_second_pass_quote('Revi', 'I') think you'll like this from the Onion:

http://www.theonion.com/content/news_br ... ps_against

[roccman]

NEW LOW 77

http://quotes.ino.com/chart/?s=NYBOT_DX&v=s&w=1&t=f&a=2

Gold up big...

Oil up big...

Got bunker?