Quote:
Originally Posted by DAYFox
Totally bull**** again!!! US is struggling more than ever and u are talking about 'US$ just tanked'... Please keep ur unqualified comments for yourself!!! Thank You!
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tanked means lost considerable value against other currencies. Gold prices shot up $80+; in the NY session investors were taking their money out from banks and stock market and investing in gold and silver. They don't trust financial system at the time being, and moving their money to safer investments. Gold, silver, and properties are safer investments then keeping money in US$. Gold and silver being more liquid than real estate. Euro is going through financial troubles too.
You can read it tomorrow in business pages, what happened today will go down in history.
As for my unqualified comments, I told this would happen a month ago when US$ was rising. Most people did not believe me then
