tag:blogger.com,1999:blog-7040911.post5052334321259157073..comments2024-03-27T16:27:03.093+02:00Comments on Shiloh Musings: A Weak Dollar = A Difficult AliyahBatyahttp://www.blogger.com/profile/09402874037427009327noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-7040911.post-79457389530880893752009-11-04T08:19:51.935+02:002009-11-04T08:19:51.935+02:00Shy, you're right. It looks pretty bad in the...Shy, you're right. It looks pretty bad in the states. Former luxury stores, like Lord & Taylors is full of sales racks. Nobody pays full price there. It's close to Filene's Basement. Almost no price different for winter coats in Oct when I was shopping.Batyahttps://www.blogger.com/profile/09402874037427009327noreply@blogger.comtag:blogger.com,1999:blog-7040911.post-69377448642393605822009-11-04T08:04:05.316+02:002009-11-04T08:04:05.316+02:00Pick up any minimally respectable financial daily ...Pick up any minimally respectable financial daily or weekly in the US and don't pay any attention to the mostly upbeat forecasts on CNBC.<br /><br />You'll find that the GDP is being way overvalued, that long term investment, especially in R&D and job hiring of skilled laborers, keep on dropping.<br /><br />Foreign governments are shifting away from the dollar, slow and quiet enough so as not to cause a panic while they do it in stages.<br /><br />The supposed slow recovery signs are false positives. It's like the strength someone gains on their death bed in their final moments.<br /><br />Hint: what is Soros (Yemach Shemo Ve'zichro) doing?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7040911.post-74858718602010612612009-11-04T05:44:05.126+02:002009-11-04T05:44:05.126+02:00The feeling is the states is that people are afrai...The feeling is the states is that people are afraid of their financial status. Spending seems down; houses are sitting. Real estate is the pits.Batyahttps://www.blogger.com/profile/09402874037427009327noreply@blogger.comtag:blogger.com,1999:blog-7040911.post-1545693692842546742009-11-04T01:36:59.372+02:002009-11-04T01:36:59.372+02:00Good insight. I would be more tempted to repeat th...Good insight. I would be more tempted to repeat the line 'we told you so', but I know that people hate hearing that. <br /><br />Except for one point that the financial media is talking about a slowly recovering US economy. October auto sales rose. Soon to come will be interest rates so that the economy does not recover too fast. Rising interest rates means a rising dollar.<br /><br />3.7 is not really 'low'. The last period the dollar was rising past 3.7 a few years ago no one was complaining about a low shekel.joshnoreply@blogger.comtag:blogger.com,1999:blog-7040911.post-51394710974779584702009-11-04T00:39:19.005+02:002009-11-04T00:39:19.005+02:00Shekalim? Not so hot, because its value is set to ...Shekalim? Not so hot, because its value is set to a basket of currencies, with a heavy dependence on the dollar and the euro.<br /><br />Both the US and EU are at major risk for an economic downfall. If and when this happens, it will hit us here, too, as we're very dependent on both of them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7040911.post-6000283296450027792009-11-03T22:05:09.256+02:002009-11-03T22:05:09.256+02:00and shekalim of courseand shekalim of courseBatyahttps://www.blogger.com/profile/11246929075812590204noreply@blogger.comtag:blogger.com,1999:blog-7040911.post-65311441477912145232009-11-03T20:50:38.725+02:002009-11-03T20:50:38.725+02:00Run away from the dollar fast!
Put your money in ...Run away from the dollar fast!<br /><br />Put your money in Swiss Francs, Chinese Yuan and gold.Anonymousnoreply@blogger.com