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DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY

 
E.N.I.A.C.
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DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
[link to content.usatoday.com]

Bernanke set to make history with news conference

Wednesday, Federal Reserve Chairman Ben Bernanke will make history by holding a news conference. Wall Street and the White House, in particular, are hoping there will be no unexpected news.

Bernanke's presser, the first of three this year, is part of his effort to clear away the smoke and mirrors surrounding the opaque Fed. He'll make an opening statement, then field reporters' questions for 45 minutes.

[link to www.marketwatch.com]

SAN FRANCISCO (MarketWatch) ó The U.S. dollar continued its slide Tuesday as the dollar index touched lows not seen since August 2008 over concerns the Federal Reserve will maintain a loose monetary policy.

DXY 73.63, -0.21, -0.28%

The dollar index /quotes/comstock/11j!i:dxy0 DXY -0.28% , which measures the U.S. unit against a basket of six rivals, dropped to 73.789, down from 73.992 in late North American trading Monday.

The index fell as low as 73.744, according to FactSet Research data, its lowest intraday level since August 2008. Itís fallen 2.7% this month and 6.6% in 2011.

Last Edited by NoSleepEver on 04/27/2011 12:07 AM
Anonymous Coward
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04/26/2011 11:45 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
Tomorrow will be the final stage of the dollar collapse.
Anonymous Coward
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04/26/2011 11:48 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
:crack2:
pedro
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04/26/2011 11:49 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
Tomorrow will be the final stage of the dollar collapse.
 Quoting: Anonymous Coward 1343978


I couldn't have said it better myself right on chap
Stu

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04/26/2011 11:53 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
73.562
_____________________________________
Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind.

-Ramana
E.N.I.A.C.  (OP)

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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
With pessimism mounting about the U.S. interest rate and fiscal policy outlook, the dollar fell to a new record low against the Swiss franc, and probed its weakest levels in more than 14 months against Europe's single currency and the British pound. On a trade-weighted basis, the dollar closed in on its deepest trough since August 2008.


she's done. [link to online.wsj.com]
Anonymous Coward
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04/26/2011 11:55 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
The markets will rally tomorrow. Expect green.
Stu

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04/26/2011 11:57 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
down she goes ...


73.493
_____________________________________
Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind.

-Ramana
E.N.I.A.C.  (OP)

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04/26/2011 11:58 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
Silver is going to rebound better than Patrick Ewing ever could. Already up in Asia trading.

Investors stampede into a modern-day silver rush
Worries about inflation, the slumping dollar and the U.S. government's finances have sent the price of silver soaring.

[link to www.latimes.com]
Anonymous Coward
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04/26/2011 11:59 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
There will be no major announcement and nothing will be said.
E.N.I.A.C.  (OP)

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04/26/2011 11:59 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
The markets will rally tomorrow. Expect green.
 Quoting: Anonymous Coward 1093771


That's because the market thinks it likes a cheap dollar. Unfortunately, it won't like a worthless dollar.
Anonymous Coward
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04/26/2011 11:59 PM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
Business as usual. Nothing will happen.
E.N.I.A.C.  (OP)

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04/27/2011 12:00 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
There will be no major announcement and nothing will be said.
 Quoting: Anonymous Coward 969156


That is contradictory to the actual news, reality, and it is also flat out false. Do you perhaps work for MSNBC or CNN?
E.N.I.A.C.  (OP)

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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
Business as usual. Nothing will happen.
 Quoting: Anonymous Coward 1274461


Shill Alert.
E.N.I.A.C.  (OP)

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04/27/2011 12:04 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
More reality:

The dollar dropped for a sixth day against the euro, matching the longest losing streak since May 2009, on speculation the Federal Reserve will consider measures to keep yields low to support the U.S. economy.

[link to www.bloomberg.com]


Do we need anymore news confirming this? I think it is established.

Toast.
Rev-bo

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04/27/2011 12:05 AM

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bump
"Audemus jura nostra defendere" (We dare defend our rights) -State Motto of Alabama
Anonymous Coward
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04/27/2011 12:08 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
The press wont ask any hard questions im sure. They probably have to present the questions before hand to have them approved.

It will be a dog and pony show. Nothing will come out. The fed cartel will keep on doing what they were ordered to do.

The decline will happen behind closed doors once one foot is in their jet planes headed off to their safe lil bunkers.

Drinking their champagne and toasting to another great human destruction.
:)
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04/27/2011 12:11 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
There will be no major announcement and nothing will be said.
 Quoting: Anonymous Coward 969156


That is contradictory to the actual news, reality, and it is also flat out false. Do you perhaps work for MSNBC or CNN?
 Quoting: E.N.I.A.C.


Even if it is doom, it will be white-washed.
E.N.I.A.C.  (OP)

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04/27/2011 12:12 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
There will be no major announcement and nothing will be said.
 Quoting: Anonymous Coward 969156


That is contradictory to the actual news, reality, and it is also flat out false. Do you perhaps work for MSNBC or CNN?
 Quoting: E.N.I.A.C.


Even if it is doom, it will be white-washed.
 Quoting: :) 1358614


You cannot white wash the collapse of the greenback. Truth is in the numbers.
E.N.I.A.C.  (OP)

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04/27/2011 12:13 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
I am having ridiculous de ja vu
E.N.I.A.C.  (OP)

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04/27/2011 12:14 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
73.5... and sinking already...

-0.197%
VALUE: 73.592 USD

[link to www.bloomberg.com]
Dundas

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04/27/2011 12:15 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
The press wont ask any hard questions im sure. They probably have to present the questions before hand to have them approved.

It will be a dog and pony show. Nothing will come out. The fed cartel will keep on doing what they were ordered to do.

The decline will happen behind closed doors once one foot is in their jet planes headed off to their safe lil bunkers.

Drinking their champagne and toasting to another great human destruction.
 Quoting: Anonymous Coward 1285858


^This, undoubtedly.
Anonymous Coward
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04/27/2011 12:15 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
Well at any rate is will still be a load of horse shit if you ask me.

Anyone for some dodge ball.
Anonymous Coward
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04/27/2011 12:19 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
If the dollar collapses, it won't affect anything important.
Anonymous Coward
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04/27/2011 12:23 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
The press wont ask any hard questions im sure. They probably have to present the questions before hand to have them approved.

It will be a dog and pony show. Nothing will come out. The fed cartel will keep on doing what they were ordered to do.

The decline will happen behind closed doors once one foot is in their jet planes headed off to their safe lil bunkers.

Drinking their champagne and toasting to another great human destruction.
 Quoting: Anonymous Coward 1285858




There are safe "lil bunkers" in Israel? scratching
Anonymous Coward
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04/27/2011 12:23 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
The dollar will be dead by the end of 2012.
Anonymous Coward
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04/27/2011 12:24 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
[link to finance.yahoo.com]
Anonymous Coward
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04/27/2011 12:25 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
and watch the markets be way up, the dollar will rise, oil will go down....gold will drop and silver will too. it just seems to go that way....
Anonymous Coward
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04/27/2011 12:26 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
bump

We all know what happened in August of 2008.

This time around silver and gold are much high than August of 2008.

Oil is within the same range, but the price at the pump is still about the same.

Than Sept. 2008 hit, and than bam.

This time around, who fucking knows, but something is going to give, and their is at least 5000 points on the stock market that can go down!
Anonymous Coward
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04/27/2011 12:28 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
and watch the markets be way up, the dollar will rise, oil will go down....gold will drop and silver will too. it just seems to go that way....
 Quoting: Anonymous Coward 1348717


Not this time. They're going for the jugular.
Anonymous Coward
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04/27/2011 12:28 AM
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Re: DOLLAR COLLAPSE 4/27/11: BERNANKE TO MAKE HISTORY TODAY
Business as usual. Nothing will happen.
 Quoting: Anonymous Coward 1274461


Shill Alert.
 Quoting: E.N.I.A.C.


Not a shill. We always expect BIG NEWS which never comes. Our government officials always disappoint.





GLP