More Bad News For The Dollar

boy needs to chill...the dollar will not turn into "amero", if that happens, the U.S. is seriously in trouble. The eurozone consists of 12 nations (13 soon as slovania will about to enter), and they already have problems balancing the stronger economy in europe such as germany with lackluster and troubling countries such as italy. Take that into consideration, mexico, central, and south america is no where near where the U.S. is in terms of economic growth, structure, etc..., a currency rate for "amero" is not possible as of current and future standing of United States.

China is NOT bad, the U.S. and China relationship right now is by far the most important political relationships that will affect your life. China has a huge surplus of dollars, but more importantly, china and united states depends on eachother. It is true that the u.s. is now a service propelled economy rather than manufacturing while china is vastly a manufacturing country. This is the yin-yang relationship between trade with china and us.

u.s. does not publish the M3 reports but we can get the hint from TICS data, interest rate statements, and other sources. U.S. trade deficit with china is huge, and current account made new lows this year but u.s. still enjoys a great deal of surplus of cash inflow because of foreign purchases of u.s equities and bonds. Yes, the USD may not look as attractive as before, and countries may diversify into euro, but I can assure you that the USD still stands strong and has more stability than euro where germany just started the VAT tax, italy where political strucutre is unstable,and france just months away from new prime minister.

The U.S. economy is not as bad as people thought, TICS data came out way better than expected, chicago PMI came out strong, recent data regarding housing may hint the end of slump, average wages rose, current account narrowing, etc...

The amero is a done deal just like the North American Union. When the usd index gets down to about 50 there should be enough calls for a change. When bushy invades Iran to 'help' them stop so called sectarian violence or what ever the paid for puppet show media comes up with China will be very keen to dump the rest of their usd's.
http://www.american.edu/ia/cnas/pdfs...Trilateral.pdf

Sectarian violence in Iran? If Iran gets invaded, it'll be because of its nuclear program which has been an international issue. Sectarian violence in Iran has not been an international issue whatsoever. It would really be out of nowhere for that to be an excuse to invade Iran, considering there is no sectarian violence there. I assume you mean Iraq, but the US is already there.

As for the amero and North American Union being "done deals", I don't know what you're definition of "done deal" is, but my definition is something being passed by Congress. Personally, I've heard no discussion of either issue in the mainstream media, which would be necessary for two major changes like that to at least be considered by Congress and the American public.

I really don't know why anyone predicts these massive changes for the USD. The USD has been overvalued for an extended period of time now, which is why the US's trade balance hasn't corrected itself. A decline in the value of the dollar is completely normal.

I learn a lot every time a read a new post. I really appreciate your responses. Based on what I believe and read due to my Spiritual beliefs and what is in front of us, I cannot help but think the AMERO is in the works. How it is accomplished and when is anybody's guess (If you believe it will happen). I am like most, I don't profess to know everything. When I read something I am sure there are things I have not thought of that pertains to what I just read, that is why these posts are so good.

As far as other currencies, the spot market is where I stop. And if I had enough money I would use the dollar as the carry trade, obviously because I function with dollars, not Euros. I am not familiar with currency futures so I cannot comment.

Sectarian violence in Iran? International issue? Nuclear program? Terrorists? WMD's? Al-Qaeda? Osama? Al-CIA-da? Iran is 10 years from nuclear weapons http://www.washingtonpost.com/wp-dyn...080101453.html
If Iran is a real threat what do you call China & North Korea?
http://www.ft.com/cms/s/28cfe55a-f4a...00e2511c8.html
http://www.adn.com/front/story/2719687p-2767626c.html
US already in Iran with an 'n'
http://www.rawstory.com/news/2006/Re...ions_0415.html
'be considered by Congress and the American public' just like the war with Iraq violating the constitution
http://www.lewrockwell.com/paul/paul57.html
I really don't know why anyone predicts these massive changes for the USD.
http://www.jonesreport.com/articles/...lar_amero.html
Just in case you've never seen or heard the real President of USA sorry North American Union
http://www.youtube.com/watch?v=yVF3q...related&search=
I not talking about that puppet cheney.

There is no sectarian violence in Iran. You're the one who claimed that would be the phoney excuse used by the media. I'm not really sure what you're trying to get at. Their nuclear program IS an international issue. The UN Security Council passed a resolution on it just the other week.

As for the North American Union and Amero, like I've said, that is so far from the American public's mind to say they are already "done deals" is ridiculous.

As for the rest of your articles, they're useless because you haven't provided any sort of coherent argument that these articles are supposed to support. And as for the "I Love Fox News", are you trying to imply that my statements are conservative talking points taken from Fox News? I have to assure you I'm a pretty liberal/libertarian guy, if in fact that's what you're implying. I really haven't said anything that would show a conservative view.

Iran is being invaded for its oil wealth pure and simple. Just as it was in the 1953 coup.
http://en.wikipedia.org/wiki/Operation_Ajax
2006 birth of the North American Union agreements signed
http://www.youtube.com/watch?v=3tg8suvwS3o
http://www.youtube.com/watch?v=H65f3q_Lm9U&eurl=
A traders number one tool is research. Following the "mainstream media'' bandwagon believing predetermined ideals will leave you holding onto the usd middle class bag with nothing to show but a bare and naked tool.

Every time the dollar is at it's low and the EUR/USD and GBP/USD are at their high, the news is gloomy for the dollar and it is usually wrong. In fact that is typical of most equities. Go back and check the news and trading articles of Dec 2005 which was the high for the EUR/USD and GBP/USD for the next year. The outlook was for the dollar to go down and it did the opposite. Fortunately some of us have other sources of information and technical analysis to provide reasons for going long or short.

The dollar is going up for a while now and today is an excellent time to go short on the GBP/USD. It will probably be heading down for the next several months as the dollar rises. Today is Jan 4th. Check back in 6 months and see if this is right.

I'm completely familiar with everything you've posted. I'm aware of the coup in 1953 that got rid of Mossadiq. Although it's ridiculous to say it was solely for Iran's oil wealth, because he was a socialist leader elected in a country neighboring the Soviet Union during the Cold War.

As for research, that's not an issue for me whatsoever. The problem here is that you're not putting forth any sort of real, rational argument for anything, you're just posting a bunch of links. Your first post had useless speculation about "sectarian violence" in Iran and mentioned how two HUGE changes for the US were already "done deals". I don't feel your links have proven either of these statements.

You've certainly shown that further integration between Mexico, Canada, and the US is taking place, but the NAU and amero are definitely not done deals.

Ron Paul lewrockwell.com
By now many Texans have heard about the proposed “NAFTA Superhighway,” which is also referred to as the trans-Texas corridor. What you may not know is the extent to which plans for such a superhighway are moving forward without congressional oversight or media attention.
This superhighway would connect Mexico, the United States, and Canada, cutting a wide swath through the middle of Texas and up through Kansas City. Offshoots would connect the main artery to the west coast, Florida, and northeast. Proponents envision a ten-lane colossus the width of several football fields, with freight and rail lines, fiber-optic cable lines, and oil and natural gas pipelines running alongside.

This will require coordinated federal and state eminent domain actions on an unprecedented scale, as literally millions of people and businesses could be displaced. The loss of whole communities is almost certain, as planners cannot wind the highway around every quaint town, historic building, or senior citizen apartment for thousands of miles.

Governor Perry is a supporter of the superhighway project, and Congress has provided small amounts of money to study the proposal. Since this money was just one item in an enormous transportation appropriations bill, however, most members of Congress were not aware of it.

The proposed highway is part of a broader plan advanced by a quasi-government organization called the “Security and Prosperity Partnership of North America,” or SPP.

The SPP was first launched in 2005 by the heads of state of Canada, Mexico, and the United States at a summit in Waco.

The SPP was not created by a treaty between the nations involved, nor was Congress involved in any way. Instead, the SPP is an unholy alliance of foreign consortiums and officials from several governments. One principal player is a Spanish construction company, which plans to build the highway and operate it as a toll road. But don’t be fooled: the superhighway proposal is not the result of free market demand, but rather an extension of government-managed trade schemes like NAFTA that benefit politically-connected interests.

The real issue is national sovereignty. Once again, decisions that affect millions of Americans are not being made by those Americans themselves, or even by their elected representatives in Congress. Instead, a handful of elites use their government connections to bypass national legislatures and ignore our Constitution – which expressly grants Congress the sole authority to regulate international trade.

The ultimate goal is not simply a superhighway, but an integrated North American Union – complete with a currency, a cross-national bureaucracy, and virtually borderless travel within the Union. Like the European Union, a North American Union would represent another step toward the abolition of national sovereignty altogether.

A new resolution, introduced by Representative Virgil Goode of Virginia, expresses the sense of Congress that the United States should not engage in the construction of a NAFTA superhighway, or enter into any agreement that advances the concept of a North American Union. I wholeheartedly support this legislation, and predict that the superhighway will become a sleeper issue in the 2008 election.

Any movement toward a North American Union diminishes the ability of average Americans to influence the laws under which they must live. The SPP agreement, including the plan for a major transnational superhighway through Texas, is moving forward without congressional oversight – and that is an outrage. The administration needs a strong message from Congress that the American people will not tolerate backroom deals that threaten our sovereignty.

www.spp.gov

Smart, Secure Borders.

Leaders agreed to complete the following activities, to contribute to smart and secure borders, over the next twenty-four months:

1. 
   

• Collaborate to establish risk-based screening standards for goods and people that rely on technology, information sharing and biometrics.

 

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• Develop and implement compatible electronic processes for supply chain security that use advanced electronic cargo information to analyze risk and ensure quick and efficient processing at the border;

 

1. 
   

• Develop standards and options for secure documents to facilitate cross-border travel;

 

1. 
   

• Exchange additional law enforcement liaison officers to assist in criminal and security investigations; and,

 

1. 
   

• Develop coordinated business resumption plans at border crossings to ensure legitimate trade continues.
The United States and Canada signed an agreement, which is a milestone in pipeline regulatory cooperation, to allow increased compliance data sharing, staff exchanges and joint training. The sharing of best practices will lead to a more uniform regulatory approach for cross border pipelines.

The United States and Canada reached a full Open-Skies aviation agreement, removing all economic restrictions on air service to, from, and beyond one another's territory by the airlines of both countries. The agreement will encourage new markets development, lower prices and greater competition.

To speed cargo shipping, the three countries are developing uniform in-advance electronic exchange of cargo manifest data for maritime, railroad and motor carriers.

To increase border security, Mexican and U.S. agencies are harmonizing risk assessment mechanisms, exchanging information, and establishing protocols to facilitate detection of fraud and smuggling.

To strengthen the integrity and security of asylum and refugee status determination systems, the United States and Canada launched a pilot project to share information on refugee and asylum claimants based on a comparison of fingerprint records.

To increase maritime security, the United States and Canada completed joint exercises on the St. Clair and Detroit Rivers in September and in February during Super Bowl XL. Officers, who were cross-designated on vessels of the other nation, could authorize pursuit of suspect vessels crossing jurisdictions.

To ensure food safety while facilitating trade, a Food Safety Coordinating Task Force was formed and is developing a prioritized list of standards to compare for similarities, differences, and scientific bases for the differences. These efforts will facilitate the development of North American standards and, as appropriate, the removal of differences in standards.

To enhance clarity and compatibility of energy regulation, Canadian, U.S. and Mexican regulators began regular meetings to exchange information on regulatory standards and energy market developments and to discuss bringing gas from Alaska to the North American market.

After World War II the Iranian people became increasingly hostile towards Big Oil. Anger was especially prevalent among oilfield workers of the Khuzistan region who formed the main constituency of the Tudeh (Masses) Party. In 1951 Tudeh formed a coalition with the National Front Party and elected Mohammed Mossadegh Prime Minister of Iran. Mossadegh, who first campaigned against Soviet occupation of northern Iran, became a vocal critic of Four Horsemen control over Iranian oil. He announced plans to nationalize BP interests in Iran. BP responded by organizing an international boycott of Iranian crude and called on two long-time associates for more drastic measures.

After failed negotiation attempts in Tehran with the populist Mossadegh led by Averell Harriman and Vernon Walters, the Dulles Brothers took charge of a joint CIA/MI6 smear campaign painting the Iranian leader in the most brilliant colors of Red. When this anticommunist rhetoric failed to convince the Iranian people to turn on their popular leader, a military expedition was organized.

Operation Ajax was led by H. Norman Schwartzkopf, father of the Gulf War General of same name, and Kermit Roosevelt, grandson of Pres. Teddy Roosevelt. A palace coup was organized in 1954 and led by Shah loyalist Gen. Fazlollah Zahedi. Mossadegh was deposed and the Shah flew into Tehran from exile in Rome seated next to Allen Dulles. The Four Horsemen had their puppet back in the National Palace. Kermit Roosevelt stayed in Tehran, his CIA Deputy Director of Plans income soon augmented by a new job as salesman of military aircraft for Northrop Corporation.



The Iranians are about to commit an "offense" far greater than Saddam Hussein's conversion to the euro of Iraq’s oil exports in the fall of 2000. Numerous articles have revealed Pentagon planning for operations against Iran as early as 2005. While the publicly stated reasons will be over Iran's nuclear ambitions, there are unspoken macroeconomic drivers explaining the Real Reasons regarding the 2nd stage of petrodollar warfare - Iran's upcoming euro-based oil Bourse.

Stop putting out misinformation.