IChing
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Mon May-15-06 04:06 PM
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How much manipulation was done today on the dollar? |
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I found it odd that the $ gained today against the Euro and the Yen. However with the M3 not reporting how much money is produced maybe not. But gold which normally changes into a negative or a positive regards to the dollars' worth and also oil remained unchanged today even though oil prices went down.
The other thing I saw for a while on a BBC feed was that West Texas Intermediate Crude Oil was reported at some time as fallen in price 100%, which made no sense, now that one is reporting a 2.95 change. I think there was major manipulation going on, gold should have fallen and didn't, but didn't gain either.
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Joanne98
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Mon May-15-06 04:08 PM
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1. The FOREX is dirty. The dollar's worth nothing. |
IChing
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Mon May-15-06 04:14 PM
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But am rather disturbed because it is one the historic first I have seen gold not move on oil prices or dollar fluctuation Something major happened today, I just can't at the moment put my finger on it.
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nadinbrzezinski
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Mon May-15-06 04:10 PM
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2. As they say INTERESTING |
cliss
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Mon May-15-06 04:15 PM
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4. Well, you're always going to have an adjustment. |
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Edited on Mon May-15-06 05:03 PM by cliss
Let's say a company is in trouble. Bad news just came out about this company. Immediately, people will start selling their shares.
The stock dips down. At that point, you will have a different type of person emerging: the opportunists, or "Bargain hunters". They feel that the stock is actually worth more and will rebound once the storm passes.
They pick up some shares at cheaper prices. Sure enough, the stock rebounds because of this stabilizing force. Think: roller coaster.
I believe it's the same thing with the dollar.........over the SHORT TERM. You'll have your panicky sellers, and then you'll have your profit takers.
HOWEVER Mr. Bernanke, this little ploy only has limited capability to rescue your ass. When you and your little Fed keep cranking out dollar bills as fast as leaves in the autumn wind, it will eventually fall to the basement.
= a broken roller coaster.
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muriel_volestrangler
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Mon May-15-06 04:16 PM
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5. What brand new news today made you think the dollar should fall? |
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Remember that anything known before today could have been taken into account by the traders to determine the earlier level.
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IChing
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Mon May-15-06 04:19 PM
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7. Oil and gold movement and other commodities are not moving |
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according to historic patterns.
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muriel_volestrangler
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Tue May-16-06 04:14 AM
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8. You can predict the day-to-day movement of the dollar, normally? |
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Just by looking at the oil and gold prices? You must have made millions in the past. Congratulations.
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Spazito
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Mon May-15-06 04:18 PM
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6. I have no doubt there was manipulation, it is only, imo, a question |
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of who/what did the manipulation. Was it the PPT, components of the IMF, countries that want to slow down the slide of the dollar while they continue to protect their economy by the inevitable fall or was it a combination of all or some of those listed? It is, above all else, very interesting to watch.
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charlie
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Tue May-16-06 04:23 AM
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From risky(er) non-US markets back into the US gave the dollar a short-term boost. Lotta third tier markets are tanking as a result: http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/05/16/cnus16.xml&menuId=242&sSheet=/money/2006/05/16/ixcitytop.html
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Fri Apr 26th 2024, 10:02 PM
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