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On Fri, 25 Mar 2011 12:25:01 -0600, Canuck57
wrote:

On 25/03/2011 10:40 AM, wrote:
On Fri, 25 Mar 2011 09:10:39 -0700, wrote:

Paranoia is obviously your forte.

The value of the dollar fluctuates quite a bit. A strong dollar
doesn't necessarily mean good things for the US economy. It's a
tradeoff when it's strong and when it's weak.

Generally down. In the last few years lost 20% against the Yuan. Lost
against the CAD too -- bad since the CAD value is mush too.

Yes, generally down, but that's great for items we sell elsewhere...
e.g., Caterpillar and such. It's just not cut and dried that it's a
bad thing or a good thing. Ideally, all currencies shouldn't fluctuate
much. That fluctuation certainly gives currency arbitrage some legs
though.

The problem with devaluing the dollar is we buy a lot more than we
sell.

If the dollar devalued that would halt right away. PC would go from
$800 to $1600 over night. Gas would double, so would food but may take
a few months. Devaluation has been tried. In fact I think that was the
prime topic in G8/20 in Toronto. G8/20 agreed to as a group devalue
fiat currency as government are basically bankrupt all over.

Part of why I own so much gold, oil, precious metals and stuff like
that, a move to protect the value of the wealth. Turned out to be a
fantastic move so far. I have lots of stocks that have litterly
trippled, one was up over 10 times, I sold it at 9 though.

Every time oil goes up a $1 a barrel, it is thousands for me. Dividend
more than pay the fill ups and utilities. Even if they don't go up,
those juicy dividends.

Money is worthless paper, only good for exchange.

You're a moron. It's pretty clear.

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