Oct6th - Dow jones -500 / -4.60% level 9865.00

[Xhaosis]

Originally Posted by ctophil

Thanks, Steve for the heads up. What's really weird is that all these billions or trillions that the gov't keep printing up are not making the dollar lose much value. In fact, other currencies are falling quicker than the dollar, such as the Aussie and Canadian dollars. Are they trying to prop up the American dollar long enough to buy up all the banks and then crash it? I do expect the markets to fall again once investors find out that this injection of cash is killing the economy into hyperinflation.

-Phillip

Not an expert, nor do I have a degree,

the dollar is staying strong in my opinion, because opec helps out allot, and since oil is traded mainly in dollars, since we are one of their biggest consumers. Not to mention our dollar represents a powerful military, Not really to sure why the dollar is still strong, I am just guessing. the injection is just going to buy us sometime, I think I understand what were facing, I am just not sure how it will change things. My grandpa always told me to let these big things worry about themselves, yet its hard not to feel something. What he meant thou, is not to be scared, take care of yourself, the best you can. etc. etc. The human being can adapt to anything.. Even hell..