Replies to post #19321 on First Mining Gold Corp (FFMGF)

[Implanting]

The higher interest rates stay in the U.S., then other money moves into the dollar. That in turn lessens the value of the other fiat around the world and strengthens the value of the dollar.

Money moves to where it's treated the best, so if you're getting a better return in a dollar denominated treasury then that's where other investors want to park their money. If say the ECB drops rates there, the return into the Euro is less, than for a dollar bearing higher interest rate returns. That, of course, over time is very bad for the other fiat currencies. Even the Idiots at the Fed understand that a strong dollar is not good for the rest of the world and pisses those people off.

I hear varying discussion on what the Fed will do, but the overall economic data is getting softer also, so they'll be cutting at some point before the Fall is my guess.