Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Every Thing Else Board
DOW 10000
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="HerefordSire" data-source="post: 705148" data-attributes="member: 4437"><p><em>If the PPT, aka plunge protection team or Goldman, wants the dollar to stop dropping, they will support it, when it is to their advantage. I would like to see the DJIA drop to 5,300 while the dollar reverses. Budget deficit is in the way right now.</em></p><p></p><p><em>Currencies are zero sum games in trading such as one side wins and the other loses. However, when the dollars drops like it has since the market rally began, our exports should rise as foreign countries buy our products because they are many times bargains after currency conversion. An exception to the rule is the China Yuan since they are mostly pegging our dollar. The downside for them is they are losing buying power just like us since it will take more dollars to buy the same product. There should be many foreign visitors coming here and foreigners buying our assets including major companies. Made me sick when Genentech was bought out by Roche even though they already owned about 60% stake.</em></p><p><em></em></p><p><em>For example, say I own Conoco Philips paying a 5% dividend. The dollar drops 5% in one year as long as I owned the stock. The buying power theoretically is the same, because each other cancel out, except for the market price fluctuation of the stock. Theoretically, the market price of COP should increase at least 5% or more when the dollar drops 5% if the price of oil stays the same.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 705148, member: 4437"] [i]If the PPT, aka plunge protection team or Goldman, wants the dollar to stop dropping, they will support it, when it is to their advantage. I would like to see the DJIA drop to 5,300 while the dollar reverses. Budget deficit is in the way right now.[/i] [i]Currencies are zero sum games in trading such as one side wins and the other loses. However, when the dollars drops like it has since the market rally began, our exports should rise as foreign countries buy our products because they are many times bargains after currency conversion. An exception to the rule is the China Yuan since they are mostly pegging our dollar. The downside for them is they are losing buying power just like us since it will take more dollars to buy the same product. There should be many foreign visitors coming here and foreigners buying our assets including major companies. Made me sick when Genentech was bought out by Roche even though they already owned about 60% stake. For example, say I own Conoco Philips paying a 5% dividend. The dollar drops 5% in one year as long as I owned the stock. The buying power theoretically is the same, because each other cancel out, except for the market price fluctuation of the stock. Theoretically, the market price of COP should increase at least 5% or more when the dollar drops 5% if the price of oil stays the same.[/i] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Every Thing Else Board
DOW 10000
Top