tag:blogger.com,1999:blog-7982981413278241287.post242355841591403332..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Currency Wars Set To EscalateDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-7982981413278241287.post-76439440057901456162010-09-27T05:50:00.171-06:002010-09-27T05:50:00.171-06:00It doesn't fit. That "strong dollar"...It doesn't fit. That "strong dollar" bullshit is nothing but the Govt blowing smoke to keep foreigners in the game of buying our Treasuries.<br /><br />Geithner is nothing more than puppet for the bankers. He has his head up his ass.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-91261302505770344752010-09-27T02:25:15.342-06:002010-09-27T02:25:15.342-06:00Just wondering how all this whining from the US ab...Just wondering how all this whining from the US about how the yuan should be much higher against the dollar -- or, to put it the other way around, how the dollar should be much lower against the yuan -- fits in with Timmy Geithner's "strong dollar" policy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-41462131003078238472010-09-26T06:48:59.327-06:002010-09-26T06:48:59.327-06:00Dude, a high percent of the population shops at Wa...Dude, a high percent of the population shops at Walmart for all necessities, including clothing (I bet every single clothing SKU at WMT comes from China or southeast Asia), because WMT has the lowest prices. <br /><br />Just last week a story was published about how the shopper traffic patterns and shopping patterns at Walmart correlate the 12 a.m. electronic end of month re-setting of electronic food stamp cards. Check this out:<br /><br />http://www.salon.com/news/walmart/index.html?story=/tech/htww/2010/09/22/walmarts_midnight_baby_formula_bread_line<br /><br />I personally believe this country should abandon all social welfare programs. However, imagine what will happen when the U.S. slaps import tariffs on chinese goods, combined with what may be an artificial revaluation higher of the yuan. Artificial or not, the lower yuan vs. dollar relationship helps keep prices low in this country.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-89472908899466792972010-09-25T23:01:29.999-06:002010-09-25T23:01:29.999-06:00"Walmart has already raised prices on average..."Walmart has already raised prices on average by over 5% this summer. Prices will escalate even more if Congress is arrogant enough to slap import duties on Chinese imports."<br /><br />I say: This is not necessarily a bad thing.<br />Experiment for the weekend : figure out what it is at Walmart that people are buying that they can't live without entirely. I find nothing of value there - its all cheap plastic crap to me. You can spend not-much-more on stuff elsewhere and it lasts a lifetime.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-37760333457845598472010-09-25T17:02:40.321-06:002010-09-25T17:02:40.321-06:00so if we dont do this then how do we get our jobs ...so if we dont do this then how do we get our jobs back? we cant continue to borrow and spend forever<br />is it gonna get tough you betcha. hate to tell you this but ITS gonna get tough either way. i would rather pay more and have a job then no job and no way to pay at all. your thinking is seriously flawed. do you really want to keep importing from china when they continually send poison to us?<br />you really think china is our friend? heard them threaten us many many times with war. but yet americans keep buying cheap chinese crap.<br /><br />be an american citizen and boycott china made crap.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-24304410369274239532010-09-25T16:56:24.915-06:002010-09-25T16:56:24.915-06:00LMAO who is this moron? think about this chinas ec...LMAO who is this moron? think about this chinas economy is the 2nd biggest in the world but yet their currency is one of the lowest in the world?<br /><br />shouldnt it be higher by now? like closer to the biggest economy in the world?<br /><br />this writer is a moron and only spewing propagandaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-49430540362058566642010-09-25T12:19:02.556-06:002010-09-25T12:19:02.556-06:00I bought my physical gold in Korean won. All asian...I bought my physical gold in Korean won. All asian currencies are rising sharply. The Korean won itself has risen, and is expected to rise further. Does this mean that the price of gold in the Korean market will go down while the price is going up in US dollars? Anyone?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-61958303033818416602010-09-24T12:56:21.112-06:002010-09-24T12:56:21.112-06:00US Playing Checkers
China playing MahJong
Us is r...US Playing Checkers<br />China playing MahJong<br /><br />Us is reactionary, China is playing with long term strategy. <br /><br />Gonna get ugly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-23473373719685767942010-09-24T11:19:45.627-06:002010-09-24T11:19:45.627-06:00China probably is using the dispute to counter the...China probably is using the dispute to counter the US pressure on exchange rate. Yes, it is complicated. The fight over the exchange rate is multi-faceted.<br /><br /><br />"We do believe that, because the Senkaku islands are under Japanese jurisdiction, that it is covered by the US-Japan security treaty. That said, we also stressed that we don't take a position on the sovereignty of the Senkaku islands."<br /><br />Under the 1960 treaty, the United States is obliged to defend Japan against any attack on a territory under Tokyo's administration.<br /><br /><br />Clinton urges dialogue to resolve China-Japan row<br />http://www.google.com/hostednews/afp/article/ALeqM5ir_4TwRS2t5rbIc8_xcgYjzxvoCw<br /><br />JJ from WSBAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-40024916286381981002010-09-24T10:56:59.927-06:002010-09-24T10:56:59.927-06:00How I learned that that the whole political-financ...How I learned that that the whole political-financial system is full of shit...<br /><br />Y'all heard about the "Stuxnet" virus which you would realize that it is pretty serious if you've done any industrial PLC work at all.<br /><br />Now all the news article point to the idea that it's made specifically for the Iranian nuclear plant, the plant that was made by Russia despite all the restrictions and embargo's. Old news, but here's where it gets interesting. The news has been showing screen shots of the control room. Now, I would have expected to see some sort of Russian Industrial controllers for this plant, instead I see a Seimens Industrial PLC system working on a Microsoft Windows platform; this kind of reminds me of Standard Oil providing fuel additive for the German planes during WWII.<br /><br />Does anybody think that the MSM will call out the largest American Software and largest German Industrial Control company for their participation in the manufacturing and enabling of this Nuclear Plant? No, I don't think so either.<br /><br />Sorry for the rant, but I really think the world has gone full retard.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-75572377217370132702010-09-24T10:14:00.973-06:002010-09-24T10:14:00.973-06:00At this point, the bill is still far from law or a...At this point, the bill is still far from law or actually slapping extra duties. It is more of a negotiating tactic.<br /><br />I posted some comments on the exchange rate issue.<br /><br />Gold and silver prices influenced more by currency maneuvering<br />http://wallstreetbear.com/board/view.php?topic=74323&all=1<br /><br />Latest development over dollar - yuan exchange rate<br />http://wallstreetbear.com/board/view.php?topic=74417&all=1<br /><br />JJ from WSBAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-83676803805318983712010-09-24T09:38:12.830-06:002010-09-24T09:38:12.830-06:00What we have here is a double edged sword!What we have here is a double edged sword!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-38486191011053622652010-09-24T09:14:30.367-06:002010-09-24T09:14:30.367-06:00My my my such a tangled web we weave....And to thi...My my my such a tangled web we weave....And to think of how many more "Erik" types ( clueless in nature )are out there.....<br /><br />Scary.Billnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-42027917908398050772010-09-24T09:05:55.364-06:002010-09-24T09:05:55.364-06:00Third world wages have been destroying America for...Third world wages have been destroying America for decades. What's " Fair" is whats good for America... period! Bravo to congress for finally doing something about rape.erikhttps://www.blogger.com/profile/04334619779048792285noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-59363230750675925582010-09-24T08:59:26.881-06:002010-09-24T08:59:26.881-06:00I am beginning to think the folks in DC lean more ...I am beginning to think the folks in DC lean more to stupid than corrupt.<br /><br />maybe 60% stupid, 35% corrupt and 5% FUBAR.halnoreply@blogger.com