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Dollar Up; Commodities Down
Date: November 21, 2008 01:29PM

This is for the idiots who thought that commodities were a better safe haven investment than the dollar...


Dollar Up
http://quicktake.morningstar.com/FundNet/snapshot.aspx?Country=USA&Symbol=RDPIX

Commodities Down
http://quicktake.morningstar.com/CEFNet/snapshot.aspx?Country=USA&Symbol=GCS

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Re: Dollar Up; Commodities Down
Posted by: Kevin Bacon ()
Date: November 21, 2008 03:07PM

I hear Registered Voter and Hussein are single-handedly keeping the pork bellies futures alive. Go bacon and chitterlings!

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Re: Dollar Up; Commodities Down
Posted by: Gravis ()
Date: November 21, 2008 03:16PM

USD (US dollar) dropped and everything else dropped too. USD will recover and then everything else will follow. so the best investment is to keep your money in USD. the europeans should have invested in USD when the euro was way more valuable.


"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."095042938540

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Re: Dollar Up; Commodities Down
Posted by: Vince(1) ()
Date: November 21, 2008 04:22PM

An ever increasing deficit is going to be the main driver of the value of the dollar. What with the billions of dollars being spent on Iraq/Afghanistan...and every bail out program that comes along. The long term health of the US dollar is not good. The world wide investment panic is a US generated panic...the world's econonomy's despite their pledges of "hanging together" are as I type distancing themsleves from future shocks in the US economy. Im afraid to bust any bubbles but the US is not the long term place to be.



Edited 1 time(s). Last edit at 11/23/2008 12:52AM by Vince(1).

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Re: Dollar Up; Commodities Down
Posted by: MrMephisto ()
Date: November 21, 2008 04:24PM

Vince(1) Wrote:
-------------------------------------------------------
> Blah blah blah everyone should move to Canada
> where everything is awesome and milk comes
> in bags.

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