Loading ...They’re probably just vacuuming up all the money sloshing around by raising rates. I honestly feel that a strong dollar is good for America. Cheap imports, expensive exports. Exports don’t matter, because Oblabla and the Clinter’s help destroy capitalism and the manufacturing base. Someone please explain to me why the dollar won’t challenge the old high of 120 or so. Who get’s hurt with a strong dollar. We don’t export energy in any real way. I do believe we export technology, so it’s might be a sore spot with an amped up dollar.
Let’s even look at a stock like Caterpillar. Why should it be riding coattails with the stock market’s recent surge. I’d guess that CAT sells far many more machines abroad than state side.
How crazy would it be to be able to pick up silver ounces with a single digit handle again? Very well could happen IMHO