Eh.... From where I sit, the Dollar looks more like the falling knifeOriginally Posted by Atlas Shrugged
Member
Eh.... From where I sit, the Dollar looks more like the falling knife
Now there's no more oak oppression
They passed a noble law
Now the trees are all kept equal
By hatchet, axe and saw.
I will not comply.
The Tea Party... quietly plotting to take over the world,
and leave you the hell alone!
Member
silvergate to whine down
https://www.msn.com/en-ca/money/mark...730a0cea&ei=12
4.91 -0.30 (-5.76%)
08/03 Closing
Currency in USD
After Hours
2.76 -2.15 (-43.79%)
08/03 - Real-time Data
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JPMorgan ending banking relationship with crypto exchange Gemini
https://www.reuters.com/business/fin...source=twitter
Member
The USD still looks to be the prettiest horse at the glue factory. DXY is over 105.
The resilience of the Dollar's strength remains a question for me. It should have failed in 1971, but it didn't. It should have been crippled in 2008, but it is still the currency of choice in much of the world.
Predictions are hard to make, especially about the future (quote often credited to Yogi Berra)
Also, bitcoin is down over $1k today, or about 5%.
($20.4k as I write)
Last edited by SilverPalm; 03-09-2023 at 03:53 PM.
“The Federal Reserve is not currently forecasting a recession.”
Fed Chairman Ben Bernanke, January 2008
This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.
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