The Dollar.........

Discussion in 'Economics' started by RCG Trader, Jan 27, 2010.

  1. you can abandon all you learned in your economic classes. the dollar is backed by the full force of it's military and will not colapse as long as we can bomb a rival currency.
     
    #11     Jan 28, 2010
  2. hawk 1

    hawk 1

    start shorting scale in hmmm cftc
     
    #12     Jan 28, 2010
  3. styron

    styron

    no mention of the carry trade?
     
    #13     Jan 28, 2010
  4. hawk 1

    hawk 1

    ill carry your baby with the dx down
     
    #14     Jan 28, 2010
  5. the global recession simply had a pullback the last 9months, the next leg down will be worst.
     
    #15     Jan 28, 2010
  6. We are long the dollar too. Mainly because the charts but also because rates are going to start going higher again. The writing is on the wall. Figure you'll see the dollar carry traders short cover in a hurry which will probably mark the next top
     
    #16     Jan 28, 2010
  7. At least 80% of enlisted soldiers are "paycheck" soldiers. Even though some will tell you they joined the military to "serve their country" many of them signed up because they couldnt find any decent jobs. If the dollar collapsed these soldiers more than likely would not stay in the military if they were not getting paid....maybe some of the singles would just because of the free food, but the married soldiers would not. How could a married soldier take care of his family back home without any money to send them. They would all go home to try to find another way to take care of their family. So if the dollar collapsed, you know our military would get really weak.
     
    #17     Jan 29, 2010
  8. Lethn

    Lethn

    Someone needs to look at the firework video that I posted before when someone tried making this argument.

    It's going to go up and up and up like it did last time then all of a sudden it's going to explode into nothing. That's just the way this bubble market works.
     
    #18     Jan 29, 2010
  9. what?

    seriously. lol


     
    #19     Jan 29, 2010
  10. cvds16

    cvds16

    We made a bounce on the weekly tl this morning, this is not a good moment to be long usd ...
     
    #20     Jan 29, 2010