Dollar Falling, Oil up in reaction to Bush

[J. J.]

Actually, Bopeepo, a weaker dollar is helpful in terms or our exports to other nations; it can be a sign of economic growth.  The new jobs report should show that as well.

[opebo]

Actually, Bopeepo, a weaker dollar is helpful in terms or our exports to other nations; it can be a sign of economic growth.  The new jobs report should show that as well.

What you're saying, precisely, is that by lowering our standard of living, we become more competitive in the race for the cheapest labour.  How appealing!

The Europeans are leaving us in the dust.

[Democratic Hawk]

I just hope when Bushonomics go t*ts-up, it doesn't have too bad an outside the USA. The world didn't have a say after all

Dave

[J. J.]

Actually, Bopeepo, a weaker dollar is helpful in terms or our exports to other nations; it can be a sign of economic growth.  The new jobs report should show that as well.

What you're saying, precisely, is that by lowering our standard of living, we become more competitive in the race for the cheapest labour.  How appealing!

The Europeans are leaving us in the dust.

Who is talking about a [/i]lower[/i] standard of living.  If our products sell more, because the are relatively cheeper, the sellers get more money.  The continue to employ workers and hire new workers.  Bopeepo[/i], this can be actually good for the economy.  A too stong dollar stifles employment and reduced wealth generation.

This boosts everything from farm sales to manufacturing.  It increases the amount of money availible and promotes lower interest rates.

[opebo]

Actually, Bopeepo, a weaker dollar is helpful in terms or our exports to other nations; it can be a sign of economic growth.  The new jobs report should show that as well.

What you're saying, precisely, is that by lowering our standard of living, we become more competitive in the race for the cheapest labour.  How appealing!

The Europeans are leaving us in the dust.

Who is talking about a [/i]lower[/i] standard of living.  If our products sell more, because the are relatively cheeper, the sellers get more money.  The continue to employ workers and hire new workers.  Bopeepo[/i], this can be actually good for the economy.  A too stong dollar stifles employment and reduced wealth generation.

This boosts everything from farm sales to manufacturing.  It increases the amount of money availible and promotes lower interest rates.

And that money is worth less - no net gain.

[freedomburns]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


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[shankbear]

poor losing doom and gloom freedomburnout.

[??????????]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


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Remember,

Freedumbburnout said Kerry was going to win in a landslide.

[opebo]

Imagine the money one would've made if one had sold all one's dollars and bought Euros when Bush was elected in 2000!  Would someone care to calculate it?

[J. J.]

Probably not nearly as much as selling of my Silver holdings (which were meager) when Carter was in office.

[freedomburns]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


fb

Remember,

Freedumbburnout said Kerry was going to win in a landslide.

It's true, I did say this...in August when it looked like a distinct possibility.

[opebo]

Probably not nearly as much as selling of my Silver holdings (which were meager) when Carter was in office.

Ancient history! 

The issue today is - the US is in steep and rapid decline relative to Europe.   You should see these Europeans traipsing about Thailand - they're all rich due to the super-high Euro, and they all get 6 to 8 weeks vacation!   The typical American tourist is like a miserable penny-pincher by comparison.   Plus few get enough time off to actually go anywhere.  The difference in standard of living is truly amazing.

[shankbear]

Bopeep, I have relatives who live in the Socialist Republic of France.  They are taxed out the ass.  The chance to see a real doctor is remote except for the most dire emergencies.  Real estate prices are exhorbitant.  Diesel prices are 1.5 euro per liter.  PER LITER.

Such a Eutopia.

The USSE:    Union of Socialist Silly Europeans

[Angel of Death]

Peak Oil does not care who is President.

Peak Oil also seems to be constantly revising its schedule.

1980... no, 1988... no, I tell a lie, 1995... make that 2003... no, wait...

Carribbean oil.  Albertan shale oil.  Clean coal+electric cars.  Biomass fuel.

We'll live.

Latest prediction is 2005 and this date actually zigzagged and wasn't merely postponed all the time. The important issue to keep in mind when discussing alternative energy sources is EROEI, energy returned on energy invested. You'll be amazed how pathetic non-fossil fuels score here. If you're lucky they're slightly above break-even.

[Swing low, sweet chariot. Comin' for to carry me home.]

Flashback!  opedo is outted by jmfcst!

Yes, the economy is going in the tank because Bush was re-elected. (Checks the Dow) Opps, never mind its up over 278 points in the last two days.

Please, stop bringing financial facts into this thread.  Opedo is simply deciding whether or not to come out of the closet, and he is dealing with his shame by attacking followers of Christ Jesus.

Shame?  I proudly proclaim I've tried just about everything once, or twice, and no doubt will again.  No closet here.  Personally I don't see why rubbing one particularly set of sensitive bits as opposed to another set has any importance whatsoever.  Just passing the time away, you know.

But I do find your obsession with my sex life a bit creepy.  I don't pry into what sort of acts you and your lady wife may or may not practice within the bounds of 'holy matrimony'.

[opebo]

Flashback!  opedo is outted by jmfcst!

What? 

[Jake]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


fb

LOL

He does have about 50 days for oil to shoot to 100 dollars and of course, the dollar could suddenly drop against the Euro.

[Sam Spade]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


fb

LOL

He does have about 50 days for oil to shoot to 100 dollars and of course, the dollar could suddenly drop against the Euro.

This prediction is still hilarious.

[??????????]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


fb

LOL

He does have about 50 days for oil to shoot to 100 dollars and of course, the dollar could suddenly drop against the Euro.

This prediction is still hilarious.

Consider the source.

[opebo]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


fb

LOL

He does have about 50 days for oil to shoot to 100 dollars and of course, the dollar could suddenly drop against the Euro.

This prediction is still hilarious.

Consider the source.

Actually the prediction wasn't far off.. what was the high for oil?  About $70/barrel?

[??????????]

Oil will top $100.00 per barrel by the end of next year.

The dollar will continue to fall.  Our place at the top of the economic pyramid will continue to erode.

Soon we will join the ranks of other third world theocracies who find archaic ideas interfering with their ability to modernize and compete in the global marketplace.

We are headed for a big fall.

My advice is to buy gold, which has gone up from $250 and ounce to $430 and ounce in the last couple of years.


fb

LOL

He does have about 50 days for oil to shoot to 100 dollars and of course, the dollar could suddenly drop against the Euro.

This prediction is still hilarious.

Consider the source.

Actually the prediction wasn't far off.. what was the high for oil?  About $70/barrel?

He said will top 100$ which impilies that it will reach or go over 100$. It was only at 70$ for a brief moment. Gas is dropping like a rock around here, it's already down into the 2.20s here.

[opebo]

He said will top 100$ which impilies that it will reach or go over 100$. It was only at 70$ for a brief moment. Gas is dropping like a rock around here, it's already down into the 2.20s here.

His prediction was a lot closer to reality than the status-quo.  And $2.20/gallon is horrible!  It only seems OK because they've already broken you in.

[??????????]

He said will top 100$ which impilies that it will reach or go over 100$. It was only at 70$ for a brief moment. Gas is dropping like a rock around here, it's already down into the 2.20s here.

His prediction was a lot closer to reality than the status-quo.  And $2.20/gallon is horrible!  It only seems OK because they've already broken you in.

Compard to the rest of the world 2.20 is tolerable.

[opebo]

He said will top 100$ which impilies that it will reach or go over 100$. It was only at 70$ for a brief moment. Gas is dropping like a rock around here, it's already down into the 2.20s here.

His prediction was a lot closer to reality than the status-quo.  And $2.20/gallon is horrible!  It only seems OK because they've already broken you in.

Compard to the rest of the world 2.20 is tolerable.

Not really - here it is cheaper, and of course there is more public transport.  It is more expensive in Europe, of course, but the standard of living for workers is much higher there and they aren't stuck with car-ownership and commuting like Americans.

[Sam Spade]

The correct level for gas right now, considering supply and demand factors is around $50 a barrel, which will translate into gas slightly right at about $2.00.

In fact, I would say that's where oil prices should be into the future and probably should have been for the past year.

As long as the winter season stays rather calm, you won't see the giant jumps of investor action that you saw in the summer due to the hurricanes and prices will continue to settle around that level.

What caused the sudden uptick were a few things:  Concern over various Atlantic hurricanes, underproduction of refineries due to the hurricanes and various other problems, and the normal wide variance in the trading of commodities (which is not for the amateur investor)