christo930
Well-Known Member
The dollar dropped all last week down to 80 and with the treasury selling bonds like crazy, I expect it to drop further.Exophase posted on May 27 2009 at 08:35 PM said:Is the dollar actually still dropping like a stone? Looks like it stabilized around February and has then been trending up since, although I've only looked at relative performance to other currencies. Not sure if there's really any other way of valuing one.christo930 posted on May 27 2009 at 08:16 PM said:With the dollar dropping like a stone, it might go up from there.
There has been a lot of inflation since the crash.
Chris
Another way to value a currency is how is measures against gold. The price of gold has resumed it's rally. There's no way to know for sure, but I think once the 1000 barrier is broken, it will rise even faster.
Last edited by a moderator: