Monday, October 22, 2007

The Dollar: How Low Can It Go?

We believe the Fed is engineering this dollar drop to be confluent with the implementation of the NAU and its currency, the Amero. We see their plan as being timed so as not to upset the general election next November, but instead to be an "exciting new launching" for our elected incumbents by "restoring American competitiveness" in the globalist economic world of "free trade". If the recent past is any prelude, then Americans will be grateful for this colorful new straitjacket, and appreciative of their loss of national sovereignty. Multi-nationals, central banks, and selected other privileged entities will be sheltered from any currency losses with the new Amero.

LONDON (ResourceInvestor.com) -- Last week the dollar touched a new low, and with economic news from the U.S. not making for entirely comfortable reading, there is likely more pain to come.

The Federal Reserve is due to meet again later this month, and it would surprise no one if the outcome of that meeting were to be another rate cut – perhaps by a quarter point following last month’s drastic half point cut.

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