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The Goldman Sachs Group, Inc. Message Board

  • hntraut hntraut Jun 4, 2011 7:12 AM Flag

    WHY IS THE US DOLAR SINKING?

    Gold staying the same.
    usa dolar going down.
    stocks going down.

    please explain?


    why is the market sinking now and the dollar sinking also but yet gold is pretty much the same?

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    • It's been a while since the market and US$ went down together.
      Steel companies collapsing.
      Financials collapsing.
      Many techs collapsing,
      including NOK
      and RIMM...

      At least BANANA BEN is still supporting OIL prices!?

      Is everyone in this US administration insane?

    • The US$ is not sinking.

      BANANA BEN is doing everything he can to destroy it.

      Notice OIL is NOT going down.

      Only the US government wants to destroy its own currency.
      Just like Zimbabwe.

      Has been like this since March 9, 2009.

      And previously since September 2001 - even before BANANA BEN.

      CHF at ALL-TIME highs, followed closely by A$
      and C$.
      You a newbie?

      The market sinking?
      Some stocks no longer exist, like LEH, NT, MESA, FRNT...
      others hitting new ALL-TIME lows, like NOK
      and many NG and transportation stocks.

      Are you ready for the coming OBAMA DEPRESSION?

      You happy with the answer?

    • Because it is where the big money goes.

      It's very simple.

      If the big money (hedge funds, banks, institutions decide to buy something in mass, it goes up. If they decide to take money out it goes down.

      ie. This is exactly why we all freak out when we see gold going up, and the gold stocks doing nothing. It is because the big money is buying gold, and ignoring the gold stocks. If, and when they decide to buy the gold stocks they will then go up. THE RETAIL PLAYER IN THE MARKET MEANS NOTHING.

      WHEREVER, AND WHENEVER THE BIG MONEY DECIDES TO SHORT, LONG, OR LEAVE ALONE ANY FINANCIAL INSTRUMENT, THAT IS WHEN IT MOVES.
      FUNDAMENTALS DON'T MEAN SQUAT!

    • Well normally that is how it works and is supposed to work...meaning if people lose faith in the dollar then they rush to gold...nowadays it's been weird coz dollar and the gold go up together...that's abnormal but it's changing now !!...as they say the market can stay irrational for a long time!!

    • HEAVY DEBT THE SHIP SINKING FAST

 
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