Peak Oil
Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

US$ GETTING DESTROYED!!! (71.31)

What's on your mind?
General interest discussions, not necessarily related to depletion.
Post a reply

What should we change the title of this thread to?

The US$ ain't worth sh!T?
12
No votes
Bend Over Ben's T-Paper?
6
No votes
Parity with peso or bust?
8
No votes
So much for saving...US$ cratering hard?
4
No votes
Amero...coming to a theatre near you...?
14
No votes
The US$ defaults on global debts...?
6
No votes
Nothing - leave the thread name alone - Rocc Roccs!!!
22
No votes
Other
4
No votes
 
Total votes : 76

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby dbruning » Tue 26 Feb 2008, 20:48:27

Which brings us back again to possible bank runs and all the pleasantness that would bring.

I doubt the printing presses could compensate if a general run were to happen.

Hmm, I've always thought that living in canada would give me a bit of buffer/warning with respect to financial institution meltdown....but if it happened in the US, how fast do you think it would spread up into canada? I'm thinking it might be almost simultaneous......
User avatar
dbruning
Coal
Coal
 
Posts: 486
Joined: Wed 13 Sep 2006, 03:00:00
Location: Vancouver Island
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby roccman » Tue 26 Feb 2008, 21:12:56

TBTB are "cornered rats" right now: the financial domination of the U.S. is going down the drain as we speak, and no nation or empire as far down the drain as the U.S. is now has ever recovered. Which means this loss of dominance will not be for mere decades, it will be forever.
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
User avatar
roccman
Light Sweet Crude
Light Sweet Crude
 
Posts: 4065
Joined: Fri 27 Apr 2007, 03:00:00
Location: The Great Sonoran Desert
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby Revi » Tue 26 Feb 2008, 22:07:04

Silver is up nearly a buck today! What is going on? It seems to hit a little plateau, and then run up again. It's done this about 3 times today. Once to $18.40, again to $18.66 and now up to over $19. I have never seen anything like this.

At this rate it will be over $20 tomorrow afternoon!

http://www.kitco.com/charts/livesilver.html

The dollar must be tanking hard. What is causing it?
Deep in the mud and slime of things, even there, something sings.
User avatar
Revi
Light Sweet Crude
Light Sweet Crude
 
Posts: 7417
Joined: Mon 25 Apr 2005, 03:00:00
Location: Maine
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby roccman » Tue 26 Feb 2008, 22:09:17

$this->bbcode_second_pass_quote('Revi', '
')
The dollar must be tanking hard. What is causing it?


The world is tired of eating the shit sandwich amerikans have been serving up for the past 50 years.
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
User avatar
roccman
Light Sweet Crude
Light Sweet Crude
 
Posts: 4065
Joined: Fri 27 Apr 2007, 03:00:00
Location: The Great Sonoran Desert
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby Revi » Tue 26 Feb 2008, 22:20:40

I agree, Roccman, but I meant what is causing it today in particular? There has never been a whole dollar run up in silver. Something really bad must be happening. It started around 10 or 11 this morning, and it just kept going until just now.

You would think that people would take profits, so that would slow the rise of silver, but it just kept charging up. There must be some news story or something that caused everybody to suddenly want silver.
Deep in the mud and slime of things, even there, something sings.
User avatar
Revi
Light Sweet Crude
Light Sweet Crude
 
Posts: 7417
Joined: Mon 25 Apr 2005, 03:00:00
Location: Maine
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby Flowerr » Tue 26 Feb 2008, 22:25:15

some one read this thread and told his friends.
User avatar
Flowerr
Lignite
Lignite
 
Posts: 265
Joined: Tue 15 Jan 2008, 04:00:00
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby roccman » Tue 26 Feb 2008, 22:37:33

Silver $18.99

EIGHTEEN DOLLARS AND NINETY NINE CENTS!!!

who wudda thunk...

and here is the best part...

IT IS STILL DIRT CHEAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
User avatar
roccman
Light Sweet Crude
Light Sweet Crude
 
Posts: 4065
Joined: Fri 27 Apr 2007, 03:00:00
Location: The Great Sonoran Desert
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby Revi » Tue 26 Feb 2008, 22:48:02

It looks like almost every commodity is up today. The tanking dollar isn't hurting everybody.

http://www.bloomberg.com/markets/commod ... tures.html

The rest of us are paying more for everything, starting soon.
Deep in the mud and slime of things, even there, something sings.
User avatar
Revi
Light Sweet Crude
Light Sweet Crude
 
Posts: 7417
Joined: Mon 25 Apr 2005, 03:00:00
Location: Maine
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby Chuckmak » Wed 27 Feb 2008, 01:10:56

$this->bbcode_second_pass_quote('roccman', 'S')ilver $18.99

and here is the best part...

IT IS STILL DIRT CHEAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


yessir! :)
"if god doesn't exist, it is necessary that we invent him" - Voltaire

"they say prescott bush funded hitler" - Nas

Image
Chuckmak
Heavy Crude
Heavy Crude
 
Posts: 1000
Joined: Sat 19 Mar 2005, 04:00:00
Location: Bridge City
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby roccman » Wed 27 Feb 2008, 01:18:15

$this->bbcode_second_pass_quote('Chuckmak', '')$this->bbcode_second_pass_quote('roccman', 'S')ilver $18.99

and here is the best part...

IT IS STILL DIRT CHEAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


yessir! :)


$19.27
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
User avatar
roccman
Light Sweet Crude
Light Sweet Crude
 
Posts: 4065
Joined: Fri 27 Apr 2007, 03:00:00
Location: The Great Sonoran Desert
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby Chuckmak » Wed 27 Feb 2008, 10:57:02

$this->bbcode_second_pass_quote('roccman', '')$this->bbcode_second_pass_quote('Chuckmak', '')$this->bbcode_second_pass_quote('roccman', 'S')ilver $18.99

and here is the best part...

IT IS STILL DIRT CHEAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


yessir! :)


$19.27


it's gonna still be cheap at 40-50, even
"if god doesn't exist, it is necessary that we invent him" - Voltaire

"they say prescott bush funded hitler" - Nas

Image
Chuckmak
Heavy Crude
Heavy Crude
 
Posts: 1000
Joined: Sat 19 Mar 2005, 04:00:00
Location: Bridge City
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.48)

Unread postby Chuckmak » Wed 27 Feb 2008, 10:57:31

Last trade 74.408 Change -0.189 (-0.25%)

we hit a new record low!
"if god doesn't exist, it is necessary that we invent him" - Voltaire

"they say prescott bush funded hitler" - Nas

Image
Chuckmak
Heavy Crude
Heavy Crude
 
Posts: 1000
Joined: Sat 19 Mar 2005, 04:00:00
Location: Bridge City
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.40)

Unread postby RonMN » Wed 27 Feb 2008, 13:13:44

74.22 I think we need a change to the thread title :)
Quis custodiet ipsos custodes.
User avatar
RonMN
Intermediate Crude
Intermediate Crude
 
Posts: 2628
Joined: Fri 18 Mar 2005, 04:00:00
Location: Minnesota
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.22 - whoosh!)

Unread postby roccman » Wed 27 Feb 2008, 13:34:36

Thanks!!!
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
User avatar
roccman
Light Sweet Crude
Light Sweet Crude
 
Posts: 4065
Joined: Fri 27 Apr 2007, 03:00:00
Location: The Great Sonoran Desert
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.22 - whoosh!)

Unread postby mattduke » Wed 27 Feb 2008, 13:37:00

Costs $1.50 to buy a Euro.
User avatar
mattduke
Intermediate Crude
Intermediate Crude
 
Posts: 3591
Joined: Fri 28 Oct 2005, 03:00:00
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.22 - whoosh!)

Unread postby emersonbiggins » Wed 27 Feb 2008, 13:43:50

Where's the next psychological level in the USD - 70??
"It's called the American Dream because you'd have to be asleep to believe it."

George Carlin
User avatar
emersonbiggins
Expert
Expert
 
Posts: 5150
Joined: Sun 10 Jul 2005, 03:00:00
Location: Dallas
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.22 - whoosh!)

Unread postby RonMN » Wed 27 Feb 2008, 13:53:15

74.11 sorry rocc.
Quis custodiet ipsos custodes.
User avatar
RonMN
Intermediate Crude
Intermediate Crude
 
Posts: 2628
Joined: Fri 18 Mar 2005, 04:00:00
Location: Minnesota
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.10 - whoosh!)

Unread postby Flowerr » Wed 27 Feb 2008, 14:01:40

50 would be a nice barrier.

If I wux in europe and I had money invested in merca stcks, and I lost 1% a day I would withdraw it from the market and remove my investment and put it in european rutabagas corporation..

At least my rent isnt going up 1% a day!
and neither is my paycheck.
Last edited by Flowerr on Wed 27 Feb 2008, 14:07:16, edited 1 time in total.
User avatar
Flowerr
Lignite
Lignite
 
Posts: 265
Joined: Tue 15 Jan 2008, 04:00:00
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.22 - whoosh!)

Unread postby Chuckmak » Wed 27 Feb 2008, 14:06:55

$this->bbcode_second_pass_quote('RonMN', '7')4.11 sorry rocc.


Last trade 74.082 Change -0.515 (-0.67%)
"if god doesn't exist, it is necessary that we invent him" - Voltaire

"they say prescott bush funded hitler" - Nas

Image
Chuckmak
Heavy Crude
Heavy Crude
 
Posts: 1000
Joined: Sat 19 Mar 2005, 04:00:00
Location: Bridge City
Top

Re: US$ DROPPING LIKE A ROCK!!! (74.07 - whoosh!)

Unread postby roccman » Thu 28 Feb 2008, 11:33:55

74.04
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
User avatar
roccman
Light Sweet Crude
Light Sweet Crude
 
Posts: 4065
Joined: Fri 27 Apr 2007, 03:00:00
Location: The Great Sonoran Desert
Top
PreviousNext
Post a reply

Return to Open Topic Discussion

Who is online

Users browsing this forum: No registered users and 2 guests