I noticed that after a fairly quiet week of trading last week, the US Dollar is back to making some big “mood swings” versus the Euro, with moves of up to 140 points in as little as a few hours. That kind of volatility indicates that the US Dollar market has not found a clear direction. The dollar could still rally, but then again, it could “tank.” The Chartist Gnome tells me that if the Euro holds consistently above $1.332 for four days, then that will signal a renewed wave of bear market dollar dumping–possibly “the big one”: a major collapse of the dollar to the point where it will take $2 USD or even more to buy one Euro. It is noteworthy that in recent weeks the dollar has even been losing ground against some Third World currencies. SurvivalBlog reader B.H. notes: “See this chart. About halfway down is a link to this chart. Support for the dollar at about 80 goes back 15 years. If that fails, well, ‘Look out below!’ I suspect it will hold as support [at this level] again.” All that I can say is that I’m glad that I bought all my crucial British and European goodies like a Big Berky water filter, Valmet magazines, Steiner optics, Henckels knives, and Brenneke rifled shotgun slugs long ago, when the dollar was strong. Those sorts of items will be painfully unaffordable, come next year! Consider yourself warned. A Big Berky will probably retail for around $375 next year. Buy before the anticipated price increases.
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Paje sent this link: Rangers lead the way! Uncle Sugar taught them how to use the tools. Too bad that some of them never learned to be well-behaved. The war crimes charges are an interesting but not particularly credible twist.
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Reader AK in Panama recommended this article from the Strategy Page that might have some practical application in retreat defense: Kinder and Gentler Vehicle Barriers.