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The US dollar is crashing.

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greybeard

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It's still worth more than 1.2 $ Canada, 74 Rusky rubles 7 Chink yuans, and is worth 6 Mexican pesos.
 

Son of Butch

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dollar to euro currently 81 cents a 5.5% drop since the election
year ago 89.6
high March 19th 2020 93.5

5 yr high 12/15/16 93.57
5 yr low 2/01/18 80.02

the market is always looking ahead and what it sees is the fed printing more and more money backed by nothing and devaluing what is already in circulation.
 
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ccr

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What does the us dollar crashing do for interest rates? Will interest rates go up? CD rates are killing us over here.
 

SBMF 2015

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It's a double edged sword. If the dollar gets to high it hurts our exports. China tends to buy more commodities when the dollar is low.
What would you rather have, a handful of cash that isn't worth as much or half a handful of cash that's worth more?
I'll take a grain bin full of soybeans when the dollar is low and China is in a buying mood.
 

shaz

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Typically you would flee into precious metals. What about now?
 

Lee VanRoss

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If the dollar keeps falling in purchasing power the day will come when its greatest value will be, behind you, in the smallest room in the house.
 

shaz

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So let's run up another trillion in debt with more stimulus and see if we can achieve parity with the peso.
 

Silver

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If you don't like trade deficits and would like manufacturing jobs to come back an artificially high dollars is not necessarily your friend.
 

BFE

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My Edward Jones rep told me he went to see the biggest landowner in the county one time about investing. The response was "if I can't drive across it or it don't have hair on it I ain't interested." I should've listened to those words twenty years ago. In other words, real, tangible things are where invest, the rest (cash, stock, etc.) are paper. I assume one could make the case for metals as well.
 

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