The dollar is on the rise, oil and gold prices are declining today?

Could we have reached the bottom of the economic downturn?


If so, what do you think is driving this sudden swing upwards?The dollar is on the rise, oil and gold prices are declining today?
We can only hope! There has always been a desire to see the financial market stabilize by most western nations...The dollar is on the rise, oil and gold prices are declining today?
We have not reached it, I think there will be a depression. Upspring, no, when you are buying something at $2 instead of $157 a share a year ago. I mean, yea, I would buy too, the numbers are high. Look the numbers go up 75 points instead of 1 if you buy now, but you still have the same amount of money in the system and it worth a lot less.





The world monetary system is not based on gold. I am not sure, I believe in was Nixon's administration that rallied for that and it then became base on the dollar. At that time our dollar was able to buy (in other countries...uummmm lets just say a 2 for 1 sale). That is how strong our dollar was. Our dollar is worth 76 cents. Yea. Now oil is sold by the dollar, so other countries are now getting it 2 for 1 so you see instead of $1 we are paying $1.24 for oil and just stuff.
GOLD IS DROPPING IT WILL GET I SAY ABOUT 1100 DOLLARS
It is a false rise. The Federal reserve further cut interest rates by 75 basis points on Tuesday March 18. Visa also had the Largest IPO in history yesterday. This money is going straight to help companies Like JP Morgan Chase, Bank of America, %26amp; CitiGroup. The ';man on the street'; wont see a dime unless you have shares. These are stopgap measures so that these huge financial institutions don't collapse, further weakening the economy.
no, we haven't reached bottom
What's driving the upward swing is the Fed cutting interest rates at astronomical proportions. This only gives the appearance of making the dollar stronger when in fact it's not. Oil prices dropped because demand dropped. The perceived upward swing is just a facade. What would happen if the Fed dropped the rate down to zero? Would that be a good thing?





Deek dear, what we are invested in is reality.
it's the exact opposite happening
war
No, it's a momentary blip on the way down.
We need the dollar to keep rising - will be a good thing. I would say we were and are in a mild recession, and will begin pulling out.
We are going to have a volatile market until about 2012 . . . numbers will go up . . . they'll go down . . . we'll near a recession and then bounce up for no real reason . . . the stock market as a whole (and the same argument can be made for oil) is now trading as a commodity . . . reference after hours trading and options trading . . . people are literally betting on reports and statistics and the reaction of the market as opposed to individual company performance.
You can have a good day once inwhile, and still be in an overall decline.
No. The fed drastically cut rates two days ago which led to a false rally. The Bush borrow-and-spend economy has been on life support for over a year. Now, thanks to the fed rate cuts, inflation is becoming a serious issue.





Last year on YA I posted a prediction of a recession being apparent by the end of the 1st quarter of 08. Now I am predicting things will get worse, bottom out at the end of summer, and remain flat until the end of the first quarter of 09.





NEW YORK - A gauge of future economic activity dropped in February for the fifth consecutive month, suggesting that the weakening U.S economy could, indeed, be slipping into recession.


http://news.yahoo.com/s/ap/20080320/ap_o鈥?/a>
man all i can say is are kids and grand children are screwed
I think its due to the Fed's interest rates cuts again.. the market did also rebound by 420 points I believe.





Hopefully, it will continue.
The economy isn't driven by one indicator.