How far will the Dollar drop?

[Kellanved]

[fertilizeonarbusto]

1. Buy gold.

n/t

[Birthmark]

2. Maybe we'll find out...

...if it's turtles all the way down.

[Frederic Bastiat]

3. Buy Canadian $$

[dreamcollector]

4. Oh God, please not too far before I sell my land in California!

Frantic Canadian. Oh but I don't blame the Kerry voters.

[The Doctor.]

5. should have included a 'through the floor' option... nt

[Lydia Leftcoast]

6. I don't know about euros, but it could fall pretty far in relation

to the yen.

During the era when the U.S. was trying to force trade concessions on Japan, the exchange rate went to $1=¥90, which just killed Japanese exports and prompted companies to accelerate outsourcing to China.

As of this morning, the exchange rate is ¥103.75 per dollar. Considering that it was around ¥115 per dollar two months ago when I was in Japan, this is a steep drop.

[Warpy]

7. That's still a slow slide

but it's going to be felt rather severely this Xmas as prices start to rise everywhere.

We're in for some nasty inflation, folks, and I think we're going to get a hard lesson in economics, and why it's not smart for a country to allow corporations to export the industrial base and beggar the people.

[flobee1kenobi]

8. Get em while the gettin is goos

Currency Conversion Results
Symbol Euro Exchange
Rate U.S. Dollar Bid Ask
EURUSD=X 1 Nov 18 1.2951