...dollar is dead guys,oil almost 100$ sitashangaa kuona Bush akivamia iran soon
What does this increase of gold has 2 do with our economy,
Rich in gold but poor in benefits from it, what the hell!!!!
Dollar is not dead, oil price to trade at $100 has nothing to do with dollar though, the demand of oil increase, while OPEC maintain constant supply.
Dollar will stay lower for a while, because Fed is afraid recession, so they can't reduce the money supply in the market, that's why Ben Banneck cut more the rate last week. This will increase more supply of money, and Bank will provide more loans and economy will bell it self out from recession. That is the only point behind, US fed can increase the value of dollar by reduce money supply, but that will hurt US economy at this time of sub-prime loan mess, credit crunch and high oil price.
What does this increase of gold has 2 do with our economy,
Rich in gold but poor in benefits from it, what the hell!!!!
....vita inaendeshwa kwa credit cards za wachina & Saudi Arabia unategemea nini? hii nchi haina tofauti na wananchi wake imagine mtu ana nyumba malibu ya dola milioni huku mshahara wake less than 50000,madeni yatairudisha hii nchi kwenye stone age,just wait for Chinese to start selling the first couple of hundred billions out of the $1.4T,utanunua mafuta dola mia tatu....and you have to know weakness ya dollar ni one of the reason mafuta kupanda,siku zote hivi vitu vitatu (Gold,Oil,dollar) vinaenda pamoja) ingawaje weakness ya dollar this time imeanzia kwenye sub prime loans lakini effect yake ndio kwenye oil ambayo inafanya nchi kama zetu zinaumia