| oct 27 2007 | | Dollar still dropping. | Friday 26 October the USD index closed 76.98 having crashed through 77. It was only back in April that I reported the decline through 82. wow! Things are certainly getting out of control and I even heard Dubya the other day talking about their strong dollar policy. Sorry, Georgie-boy, no one seems to have told you they have turned the page. Mind you the policy has always been to let the dollar drop and inflate their way out of the deficit hole but they did want to engineer an orderly decline. Those people holding trillions of these worthless pieces of paper are going to catch on soon and bail. Well actually if you read the real news that has been going on for a while. So sit back and enjoy the show. This is a once in a generation event that we are living through. I hope you are prepared.
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