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silversurfer1
22nd September 2009, 19:02
Well the Dollar took a dip below the 76 line. I have no idea how Obama can keep a straight face at the Summit he is hosting. I would have thought for sure the U.S. would have artificially propped it up for this. All I can say is this will be interesting.

1072
DaBrownsRPhat
22nd September 2009, 19:06
Well the Dollar took a dip below the 76 line. I have no idea how Obama can keep a straight face at the Summit he is hosting. I would have thought for sure the U.S. would have artificially propped it up for this. All I can say is this will be interesting.

1072

WOW, it did!

Ut Oh.
Relayer
22nd September 2009, 19:32
Actually, I think they are trying to prop it up. It Just Isnt Working!!

The currency markets are too big.
LETMYSILVERGO
22nd September 2009, 19:40
Ooogaa Ooggaaa ---oooggaa Dive ! Dive !! Dive!! All Men Mind Your Battles Stations Dive , We Are Going Down!!!!!
DaBrownsRPhat
22nd September 2009, 19:42
Ooogaa Ooggaaa ---oooggaa Dive ! Dive !! Dive!! All Men Mind Your Battles Stations Dive , We Are Going Down!!!!!

I ..... neeed .... more ........ silver first!!!

:shock:
Relayer
22nd September 2009, 20:10
Refuses to take the count. With blood spattered over the face and shoulders, gets up off the mat, ready to go another round! LOL!!
Katwoman
22nd September 2009, 21:41
Unbelievable....not that it broke through but that they managed to get it back above:o

BTW the USD just dipped below 76 again!! This is shaping up to be one interesting evening.
Katwoman
22nd September 2009, 22:09
Is the USD down for the count this time? Gold and silver are starting to rally.......
Relayer
22nd September 2009, 22:13
I think the dollar rally was short covering!!

I think its time to say bye bye 76
Katwoman
22nd September 2009, 22:16
I can't sleep with all this going on:(
DaBrownsRPhat
22nd September 2009, 22:16
I can't sleep with all this going on:(

I'm drinking coffee.
Relayer
22nd September 2009, 22:19
I'm drinking Kahlua and cream with a splash of raspberry!
JesterJay
22nd September 2009, 22:21
Chocolate Milk in my cup of yumminess.
JesterJay



I'm drinking Kahlua and cream with a splash of raspberry!
cabtrom
22nd September 2009, 22:22
BFD you guys act like your gonna wake up in the morning and all of a sudden youll be paying for a cup of coffee with 2 silver dimes. PARANOID!
heres what will happn N O T H I N G.
DaBrownsRPhat
22nd September 2009, 22:25
BFD you guys act like your gonna wake up in the morning and all of a sudden youll be paying for a cup of coffee with 2 silver dimes. PARANOID!
heres what will happn N O T H I N G.

I hope so, I want to buy more silver before things really happen. BUT!!!!, IT WILL HAPPEN, that is just about unavoidable at this point. Will we wake up to it tomorrow, maybe not, but some day, and sooner rather than later.
Relayer
22nd September 2009, 22:25
sure hope your arent long the dollar!
Katwoman
22nd September 2009, 22:29
Traders have been ditching the dollar for other currencies as signals point to an economic recovery and since the Group of 20 finance officials recently pledged to maintain government spending, low interest rates and increased money supply to shore up the global economy.

Those moves should help boost economic activity and liquidity in financial markets, increasing investors' appetite for assets around the world at the expense of the dollar.

As you can see if you are long the dollar you're about to lose your shirt unless you've been buying them with English pounds in which case you will lose half your shirt.
LETMYSILVERGO
22nd September 2009, 22:49
I'm drinking Kahlua and cream with a splash of raspberry!

I'M SUCKING ON A SILVER DOLLAR.---RIGHT NOW IT'S 75.77
LETMYSILVERGO
22nd September 2009, 22:53
Just Went To 321 Gold, And The Dollar Chart Is Broken
DaBrownsRPhat
22nd September 2009, 22:53
Just Went To 321 Gold, And The Dollar Chart Is Broken

http://quotes.ino.com/chart/?s=NYBOT_DX&v=s
LETMYSILVERGO
22nd September 2009, 22:54
Correction Dollar 75.97
BullionBob
22nd September 2009, 23:06
I told you this thing will be going straight to 40 then devaluation. Question is how long and what will replace the dollar?
LETMYSILVERGO
22nd September 2009, 23:36
I told you this thing will be going straight to 40 then devaluation. Question is how long and what will replace the dollar?

HELO MR BOB, HOW LONG TO IT HITS 50
cowboycarl04
23rd September 2009, 00:07
75.93 according to marketwatch DXY page as of right this moment.

In a not so suprising move, PMs are making gains overseas as this happens.
silversurfer1
23rd September 2009, 06:07
Good comments all. Kat you are funny - I too was having trouble sleeping. Things are moving more quickly now. I am obsessed with getting the next buy in - just the right window to do it.

1073
DaBrownsRPhat
23rd September 2009, 10:23
Well, 76.218 right now, bounced back a little. I'm thinking if it sticks under 76, 74 and 72 won't be far along.