The politics of capital. Merciless. Force of Nature. Amoral. Always right
Green Energy

The politics of capital. Merciless. Force of Nature. Amoral. Always right


Fears of dollar collapse as Saudis take fright
Saudi Plans to Keep Riyal Pegged to the Dollar, Adviser Says
Canada's Dollar Nears Parity on U.S. Weakness, Commodity Surge
China threatens 'nuclear option' of dollar sales
Oil prices jump above $82 a barrel
Spot gold is approaching a near 28-year high of $730 an ounce troy



For many years no matter what happened on this planet the dollar was the refuge. During the Cuban Missile crisis when nuclear annihilation threatened the planet, the dollar was the refuge. During the Berlin Airlift the dollar was the refuge. When tanks rolled in Hungary and Czechoslovakia the dollar was the refuge.The day of 22 Gia Long Street, the dollar was the refuge. During the Clinton impeachment the dollar was the refuge. On 9/11 the dollar was the refuge.

But today the people whose job is it to preserve and expand capital are not so sure are they?

The reason for this is not the things George Bush has done.

The reason people whose professional expertise is the preservation and expansion of wealth have doubt in the dollar are the things George Bush has not done.

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- When You Drill, Baby, Drill ….
Telegraph UK: Dollar smashes through resistance as mega-rally gathers paceHSBC says we are at the early stages of a dollar bull run that will change the worldThe US dollar has surged to a four-year high against a basket of currencies and has punched...

- The Declining Dollar
The illusion of the American dollar exposed: A historical perspective from Silverfiddle: The Reagan recovery was real because it was driven by a strong dollar. We all really did get richer because our money was not losing value in the 80's. Alas,...

- Obamagami: The Buck Stops Here-abouts
Now that Obama and his Chicago goon-gang are effectively destroying the value of our dollar, what can we do to keep at least some of its value? Well, maybe, like some past occurrences, we can turn to the Japanese for help. To find out how the Japanese...

- Whodunit? Sneak Attack On U.s. Dollar
From Politico: It’s the biggest mystery in global finance right now: Who conducted a sneak attack on the U.S. dollar this week?It began with a thinly sourced but highly explosive report Monday in a British newspaper: Arab oil sheiks are conspiring with...

- Iran Changes Dollar For Euro Or Yen In Oil Exports
This is something Ahmadenijad had already announced some months ago, but now it's being formally announced:"All the oil operations are being made in euros or in yens" Hojjatollah Ghanimifard has explained. Ghanimifard is the director of foreign relations...



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