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Home Front: Economy
Dollar Falls, Euro and Gold Rise in Europe
2005-02-22
The U.S. dollar was weaker against other major currencies in European trading Tuesday. Gold prices rose. 2-year Euro vs. Dollar Chart. The euro was quoted at $1.3219 in European trading, up from $1.3057 Monday. Later, in midday trading in New York, the euro traded at $1.3233... Gold closed in London at $434.60 bid per troy ounce, up from $427.10 on Monday...
Posted by:Anonymoose

#7  Soros may be profiting from the downturn, but he's not driving it. He only realizes that Bush wants the dollar to drop precipitously, and even though he hates Bush, he won't stop profiting off his policies. What Bush is doing, however, is sticking it royally to both China and Europe, who have been behaving like economic parasites for years now, propping up their expansions at our expense. This now makes them get their own houses in order, a little painfully, or continue to be dorks, a lot painfully. Their choice. Either way, the US wins.
Posted by: Anonymoose   2005-02-22 8:34:16 PM  

#6  the cat
Posted by: Frank G   2005-02-22 7:34:00 PM  

#5  What gave me away?
Posted by: George Soros   2005-02-22 7:19:05 PM  

#4  saw on LGF today that Soros was doing the driving down - he's no American.
Posted by: Frank G   2005-02-22 7:11:36 PM  

#3  Where did he go? He had pretty good links.
Posted by: Shipman   2005-02-22 6:40:48 PM  

#2  For a minute I thought Mark E was back.
Posted by: Mrs. Davis   2005-02-22 4:00:43 PM  

#1  good - we need to get our deficit down.
Posted by: 2b   2005-02-22 3:19:15 PM  

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