Tuesday, November 30, 2010

Well Here's A Kick and a Half

With a drop in the Euro due to several EU member nations having financial problems,  their problems have caused a rise in the value of the dollar on the currency markets.

As an added bonus several OPEC countries who have pegged oil to the Euro instead of the dollar, are seeing an inverse effect on oil prices as the dollar rises. As the dollar rises, oil falls. Funny huh,? Now for the irony.  Bernanke is about to knock the bottom out from the dollar in 2011 when he prints $600 Billion in Madoff Money.


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