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goldielocks @ 12:13 re Dollar

Posted by Mr.Copper @ 13:52 on March 2, 2022  

Here is my view of the Dollar. Showing all others inverse down. Traded on futures, if they want a higher dollar, they work with JP Morgan to go long on contracts, like they used to short Gold contracts to get results. They don’t bash gold anymore since basil III. Why bash themselves anymore? The strong dollar makes discounts on imported stuff so its welfare for the others that export. It also makes our exports too expensive, so it protectionism for their domestic producers.   Dollar its on 97 and belongs on 82. Or 72 when they needed to help us here. But it created $145/bb oil, and $4.40 at the pump. Then we over produced oil. Its all crazy.

https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.