Falling American Dollar is helping me buy pool cues!

[Ltldebbie]

I don't think I am naive to believe sending money outside of the U.S. and buying foreign products will help the economy or make me a fortune. I'm with the "short gold" or even copper. Save those pennies or buy up those deserted mines. The big penny meltdown may be a coming.And I don't lol. World economics is a little like your pool game. If you've live through it once the second time might be a little easier. lol Hey I need an avatar and have no clue how to do it. So be sure to listen to my marketing advise.

 

[crosseyedjoe]

Thanks for the reminder that the dollar is falling. It won't affect me.
Why, because there is no cue I would want other than American. It would be different if I was traveling. The last time I was out of country and the dollar was falling I thought all foriegners hated us and that I could never get a fair exchange rate. My first lesson in international finance. 1970
Thanks for the memories,

It will eventually as your local Wally World and Target will have to increase prices to reflect the cost of importing goods.

Scary though as many foreign central banks are predicting a dollar slide for the next 5 or more years.

 

[8ballEinstein]

Scary though as many foreign central banks are predicting a dollar slide for the next 5 or more years.

Many central banks are looking for a way to unload their dollar reserves. They no longer see strength in the buck anymore. If you lost confidence in the dollar and had 1 trillion dollars in reserves like the Chinese central bank, would you want to hang on to them?

 

[chefjeff]

Many central banks are looking for a way to unload their dollar reserves. They no longer see strength in the buck anymore. If you lost confidence in the dollar and had 1 trillion dollars in reserves like the Chinese central bank, would you want to hang on to them?

The guy, Jim Sinclair, who does this site:

http://www.jsmineset.com/home.asp

...has The Formula, as he calls it, that is his theory/calculation on how this happens. Highly recommended.

fyi,

Jeff Livingston

 

[8ballEinstein]

The guy, Jim Sinclair, who does this site:

http://www.jsmineset.com/home.asp

...has The Formula, as he calls it, that is his theory/calculation on how this happens. Highly recommended.

fyi,

Jeff Livingston

Thank you, chefjeff. Jim Sinclair is a very familiar name for us goldbugs. I'll check out the link after work today.

I understand former Federal Reserve chairman, Alan Greenspan, plays jam up 1-pocket. (sorry, I was trying to get something in this thread that's pool related)

 

[Danktrees]

If I hadn't gotten my present player at a steal, I would be cursing for missing that eBay auction. Still surprised I didn't see it, as I check it regularly for Jensens...

The Can $ is going to be great for you and your pickup!

yea i lucked out, i happened to be going through the ebay auctions and that one popped up. it had only been up for 7 minutes or so when i first saw it. considering it usually takes a few minutes for it to show up on ebay, i might have been the first one to see it so i really had no choice to buy it lol.