The Dollars Abyss - It's a SHAM WOW

[decoy409]

The fight is down and dirty in the trench today with the ICE. May hold for a couple of hours before the fallout. But the early dip has already begun.

[decoy409]

Good thing for rat packs,you can find them all in the same nest.

[decoy409]

WEEEEE!!!! Get the wax out!

[decoy409]

And the next down is manicured.

[decoy409]

'No where to be found'

May 9,2011 - S&ED Talks Should Focus on China’s Currency Manipulation

(excerpt) - Washington, DC – On May 9-10, 2011, a delegation of Chinese and American government officials – led by Treasury Secretary Geithner and Secretary of State Clinton – will meet in Washington, DC, for bilateral discussions on economic, trade, and military policies as part of the U.S.-China Strategic & Economic Dialogue (S&ED). The talks represent an important opportunity for the Administration to back its tough talk on China’s undervalued currency with strong action. In his run for President, then-Senator Barack Obama had harsh words about China at an AAM candidate forum in Pittsburgh on April 14, 2008, saying, “Here’s the bottom line, you guys keep on manipulating your currency, we are going to start shutting off access to some of our markets.”

Yet, despite broad consensus that China’s deliberate intervention in the currency market is harming American interests, the Obama Administration has repeatedly delayed reports due to Congress in which it is required to list countries with a misaligned currency. When the reports are eventually released, China and its severely undervalued currency are nowhere to be found. The most recent report, due by April 15, 2011, has been delayed until after the S&ED talks conclude.
(see in full here: www.americanmanufacturing.org/blog/aam%E2%80%99s-2011-us-china-sed-index)

[lifewasgood]

Currency war alive and well, unfortunately it is a one sided war intended to usher in a new world reserve currency.

[decoy409]

Ahh,stuck in the 74 headed to 73. We just did this a couple of weeks back.

Why you can compare it to cable tv as in reruns.

[decoy409]

As I called for earlier today as it turned out,the DIVE.

[decoy409]

Well the SLOPE has already begun today and hours ahead of time. This is a reoccuring pattern that stands out very well as to the daily depreciation of the fiat ridden debt note.
Funny as I see a similar pattern as in that old movie 'Rollover' we discussed long back.

[decoy409]

My,look at that slide going on the index what a shame.

[decoy409]

That ugly ski slope is ahead of the train schedule going on. Not a good thing. Somebody better dial in the Red Phone.

[decoy409]

OUCH! Today's SLOPE is way ahead of schedule.......

[decoy409]

Well, the fiat debt note surges upward,but the market plunges??? Now that makes healthy sense!

[decoy409]

Looks like things are returning to the norm. It's save the market number or the $ index number.

And Gld & Slv are no strangers to the current ongoing.

[decoy409]

Imagine that,still on a decline. Let's blame it on something else!

[decoy409]

That was a good run today,debt ceiling ran out during the afternoon,market held for a tad as well as the dollar index just prior to. Kinda like savoring the last chips in the bag.
Now what we need is QE3....HORRAY for QE3!!! That's the way to raise the younger generation stepping up. Just feed it to them as the print press will never stop and all is great!
However that old line is not working out to well anymore as although much of the youth is educated that it is a endless supply,the youths are finding out something is not right. And the poor already have figured it out and the Middle Class are getting hit hard and shrinking in abundance and have it figured out. Which leaves.....yep....yours truly the top 10%.

Well if there was resolution,structured resolution in the cards,plan,call it what ever you like.,we would have seen something by now over the past 3 years,and how much loot has been thrown out the window or at the fire.
What's funny is although these debt notes do spend right now,they are still debt notes. And how long before the house simply stops them from spending as there certainly is not enough to go around on vast multiples of players checking out of the game and cashing in.
Questions,questions,and all the while things remain on the destructive behind the scenes course as they are.

[decoy409]

So much for BACKSTOPPING REGULATION. Some will AVOID the issue no matter what. And as long as they continue to do so, NOTHING changes. Just more Smoke,Illusion and Mirrors.

[decoy409]

Why the dollar index dropping like that?

Oh,that's right,just a little more of Ben & Tim and the Squirting Octopus messing around. Looks like we are going back to 74 and then 73 and then ......

Thank goodness for REGULATORS!

[decoy409]

I don't usually take sides with Puppet Tele,however here is a good one for the day,

May 18,2011 - Dollar drop? You ain't seen nothin yet if yuan jumps
www.moneycontrol.com/news/rupee/dollar-drop-you-aint-seen-nothin-yet-if-yuan-jumps_544353.html

[jarhead1976]

The ravenous appetite of China for commodity's is key to the rise in prices. All China is doing is bringing in a new middle class and trying to feed them. They hold large amounts of American debt that they plan on spending here. So many different factors are in play. Since co-operation will be key and beneficial to both country's.

[decoy409]

jarhead, watching it go remids me of some old song lyrics,

'When we get to the bottom of the slide we do it again...Helter Skelter...'

[decoy409]

jarhead, watching it go reminds me of some old song lyrics,

'When we get to the bottom of the slide we do it again...Helter Skelter...'

[decoy409]

Oh not another glimmer of mirage backed by a reversal,could it be?

U.S. Dollar Index Reversal Signs
www.marketoracle.co.uk/Article28233.html

Kinda reminds me of that old kids game 'Hot Potatoe'

[jarhead1976]

Its not hot, its on fire.

[decoy409]

So is that game called 'Pass The Fire Potatoe'

[decoy409]

Why the $ index wheels are smoking from no lube.

[decoy409]

And while they are smoking with no lube,let's watch for that reversal.

[decoy409]

Have another one! Must suck to be so tripped out that you ride all day,all night and into the morning.

[decoy409]

Why that's BILLIONS more taken from the US people. That will show that old $ index who's boss.

Of course that does not go for all that is out and running about in terms of DEBT and fiat from. More popcorn as this is getting really good!

[decoy409]

Why look at the index rise on debt concern.

And some say just create more debt to cover debt? Sorry but for everybody and not a select few,it's time to adjust the table.