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Reply #80: well, Demeter, I wish I had a crystal ball and I would tell [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-23-10 07:48 PM
Response to Reply #51
80. well, Demeter, I wish I had a crystal ball and I would tell
why - exactly - the dollar is important. Mostly, it's the currency that's in your wallet - it's the one you take to the store and exchange for goods or services.

It's the one that crashed the market in 1987 when Japan dumped it.

It's the one that was worth 120 on the basket when Dimson took over. It really is a leading indicator of what is coming down the pipe at you (or me) and watching it is a habit that I developed so long ago that the exact date escapes me.

so ... I watch it. If you want to keep an eye on it with me, welcome! If not, well - that's okay by me, too.

I think ... just mho ... that the dollar will wave or flag and be the thing that might tell us when it is actually a recovery or when the day of reckoning has arrived.


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