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TFC Commodity Trading Forum

Re: Dollar?
In Response To: Dollar? ()

That is very true, but the dollar has value on local levels. I guess if the dollar is down at least the $1.00 milk will still sell for a $1.00. Buying energy, metals is a different story.

In my case I don't drink oil or eat metals. Interest rates could shoot up to cut off demand for the $$$.. Lucky I don't borrow money or have any debt. I do a lot of local research, and my bank assured me if rates shoot up they will adjust current loans to customers such as credit cards. Could be brutal for many. So many borrow money when they have a hard time with their current loans... not good

It has been an interesting time every since the current President has held office. One reason I sold my business as he was sworn into office, paid all debt and watched. Openly admitting I did not know how the new Admin would impact our economy. The opportunities I see now is picking up depressed property in Europe. A lot of windows are opening up.

Who knows for sure? Surely not me.

Regards

Messages In This Thread

Dollar?
Re: Dollar?
Re: Dollar?