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<p>[QUOTE="medoraman, post: 1153724, member: 26302"]I agree with Cloud. You are coming off a historic high with your chart Winged. Take your chart over 40 years and you will not be seeing that pattern. The late 90's had very high historical US dollar values versus the rest of the world. They also had very low historical values of PM, so the same period will show huge PM profits as well. With charts, the date range selected is how people manipulate the data to get you to believe whatever THEY want you to believe.</p><p><br /></p><p>I can pick date ranges as well and show you whatever I want to show you. This is the danger with these things, and why I always insist on taking the entire data set to look at. Put your chart up from 1920 to date and see how much cumulatively the US dollar has lost. Yes, its lower now, but that chart would not lead a person to believe the dollar is in its last throws before collapse like your chart is trying to say. We have been lower before, and higher as well. Even your chart really shows no change in the last 4 years. If the dollar was collapsing then we should be showing sustained decreases.</p><p><br /></p><p>To me, bottom line, the dollar was overvalued in the 90's, and adjusted in the early 2000's. Personally I think we are a little low right now, and the Euro is overvalued.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1153724, member: 26302"]I agree with Cloud. You are coming off a historic high with your chart Winged. Take your chart over 40 years and you will not be seeing that pattern. The late 90's had very high historical US dollar values versus the rest of the world. They also had very low historical values of PM, so the same period will show huge PM profits as well. With charts, the date range selected is how people manipulate the data to get you to believe whatever THEY want you to believe. I can pick date ranges as well and show you whatever I want to show you. This is the danger with these things, and why I always insist on taking the entire data set to look at. Put your chart up from 1920 to date and see how much cumulatively the US dollar has lost. Yes, its lower now, but that chart would not lead a person to believe the dollar is in its last throws before collapse like your chart is trying to say. We have been lower before, and higher as well. Even your chart really shows no change in the last 4 years. If the dollar was collapsing then we should be showing sustained decreases. To me, bottom line, the dollar was overvalued in the 90's, and adjusted in the early 2000's. Personally I think we are a little low right now, and the Euro is overvalued.[/QUOTE]
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