Comments on Market Skeptics: "The stimulus is working" (humor)

"...All currency is doomed together with the dolla...

2009-11-19T02:57:39.200-08:00

"...All currency is doomed together with the dollar..."

Probably, if other just sitting on the Titanic deck without any wish for rescue.
I am not sure that other nation just want to save "the great nation of US".
When time coming (and I believe that Eric has right in that) - you can see massive escape from US$.
The reason is simple - nobody wont to go down with Titanic. Some will succeed, other not - depending how fast they are chained on Titanic.

But Numonic, isn't you all advise that dollar is d...

2009-11-18T18:40:07.368-08:00

But Numonic, isn't you all advise that dollar is doomed?

Gold go up confirm this thinking, but why other currency not joining this party?

If this persist, all currency will be down against commodities. All currency is doomed together with the dollar.

Because the index is a comparison of a basket of c...

2009-11-18T11:13:34.603-08:00

Because the index is a comparison of a basket of currencies(not including gold). So gold can go up as the US dollar goes up on the index at the same time. The index is kind of pointless. The index is just saying which currency is doing best compared to other currencies. Gold is going up in all currencies.

Anybody can give me a clue? Why gold go up in the ...

2009-11-17T19:31:23.246-08:00

Anybody can give me a clue? Why gold go up in the last 2 weeks didn't push euro and other currency up also?

Why euro is still at 1.488 now when gold already hit $1140?

Why the USDX hold up so well?