Oil prices climb to $101.11 a barrel...

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Look up a dictionary for a term "Standard" Is the Dollar right now the standard Currency of the world Dummy ? Go to Ebay, check out HongKong items, they require EURO or Austrilian Dollar. Don't make a shit out of yourself Stupid.

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You sure as heck don't know the real Jim Thompson do you

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That is part of the issue with the mortgage crisis, and the reason for the bank bail outs. They have been in the news a little. Almost 100 Billion dollars so far.

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Is little baby upset that her US dollars do not buy the same amount of HK trash that they used to. Poseur. Impostor.

It is happening right now. The dumping of USD is what is driving the boom in commodities and gold: Chinese and Arabs discretely lightening up on the USD and buying "things of value".

The EUR is not safe a safe buy either because the ECB should have increased rates already and they haven't - people are betting that the ECB do not dare to let the Euro rise too much above the USD and will lower rates too possibly in June. If the ECB does the right thing by *not* cutting rates in June it is "all over" for the USD.

How long does "All over" last? This is mostly the usual market psychology positive feedback nonsense, stupid money following smart money. There's no fundamental reason for the Euro to keep climbing against the dollar. This is just a bit of noise and ringing in the system.

As far as I'm concerned, if a bunch of Arabs and Chinese enjoy buying dollars when they're high, and selling them when they're low, why should we interfere with their fun? We had similar fun with the Japanese a while back, selling them buildings and golf courses for gigabucks a pop and buying them back later for a fraction.

But should I raise my european pricing, and make more money now, or keep it the same and swipe market share, which might be better in the long term?

John

"John Larkin" skrev i en meddelelse news: snipped-for-privacy@4ax.com...

Forever - Until a new fiat currency is created, which will eventually implode too. Destruction through lack of confidence, fraud or oversupply of money is part of the natural life cycle of currencies.

Interest rates in EUR are higher than in USD. That's pretty fundamental. The EUR will climb to at least the level where one gets the same returns - and of course the EUR will continue higher as long as Bernanke is spamming the world with US paper.

Eventually even people as stupid and inbred as the Chinese central bankers and Arab "investors" obviously are will grow tired of that particular game ... and who will then be the buyer of US denominated paper? Anyone *more* stupid around?? Normally one runs out of stupid buyers on the end of an upcycle - doing it on the downswing is not so good.

Does any of all that matter if all you happen to "produce" is rebranded chink stuff and the Chinese decide to cut out the American middle man and get paid directly to EUR? The native US manufacturers, you might be among them, are doing Ok but they are too few to stem the bleeding!