The Monetary Moves
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by Aren Perry
Today, over the past few hours the monetary market has experienced changes that appear to be brought on by no apparent natural cause. The value of the dollar went up from .015 to ~.018-a very rapid change. This also can be translated into approx 55 and a half dollars.
On the other side, the gold to dollars became cheaper though did not relatively follow suit coming to relatively about 67 dollars at the current time. Though this is cheaper than the 68/69 we were seeing, it is still approximately an unnatural 10 dollars difference between the two rates.
This caused a wonderful market for offer posters, allowing ~10 dollar profit per gold invested on each turn around.
I personally made ~100 dollars profit in a time where dollars are now worth more.
The only event that rationally could have triggered this is a buyout operation by someone or some country intent on making the dollar stronger.
in short, today, rapid deflation has occured in the eUSA.
Aren Perry, reporting
Congressman
Avid MM offer poster
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Comments
Uhm, maybe the new president changed it?
you're more right than you may know, as he is rich he is one person that could have theoretically bought out the offers.
I'm not pointing fingers at anyone, but that is a possibility.
Huzzah for deflation!
Wait, so If I have dollars, it would be good to exchange for gold right now? Or the other way sround?
Ike@
It depends... If the dollar keeps getting stronger, its better to hold USDs and/or hoard them. Gold is more of a vehicle to protect against Inflation. But if a currency is deflating (ie: rising in value), its better to hold onto that currency than gold.
Not to mention, USDs make the economy go around. If they grow scarce, companies won't be able to make payroll. Gold doesn't do a business any good.
Gold can do a business a lot of good if it wants foreign business or to upgrade, so don't discount gold so easily.
Furthermore, there's plenty of USD to go around.