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Replies to #38371 on FOREX TRADERS

Relentless Despot

12/24/09 9:56 AM

#38372 RE: tickettoride #38371

Those are absolutely great graphs, and give key insight into long term trends of certain pairs.
When I was running this board I harped on one major thing. That was if you did not know the long term trends you could never accurately see the shorter trends you were trading.
We can see from those graphs that the pound/buck should have a mild downward trend. While the euro/buck should have an upward trend.
Just based on dilution rates alone.

Now as we know nothing lasts forever, and what is not discussed in that article is the reason for the dilution. At some point during hyper-inflation there will be a push (a successful one) to combine currencies much as the euro did in europe. My crystal ball is on the fritz at the moment so I can't say for sure if it will be a regional combining or a global one. Listening to the latest rounds of scripted remarks (http://en.wikinews.org/wiki/Asian_countries_call_for_global_currency) would lead one to believe a global currency is on it's way.

This is a very interesting time to be alive to be sure.