It is not that the dollar is doing that great. It is that almost all other currencies are doing worse right now. So the dollar and gold appear to be havens of a sort for worldwide investors. The dollar has now returned to territory at least against the Euro not seen for over one year now of .7461 (I used Yahoo financial info) for dollar-Euro comparisons).
As oil keeps dropping like a stone some say the bottom for oil is somewhere(depending upon the expert) somewhere between 40 and 60 dollars a barrel for oil. Many believe now that it doesn't really matter what opec does because many nations MUST pump oil at almost any price or they completely go out of business. So I guess those countries with the lowest wages would fare the best at low oil prices and still make a profit. (But this is just a guess).
Though this in general is bad news for oil companies it is good news for poor people who need to eat food to stay alive unless their banks are closed.
I heard on the David Letterman show that the United Nations has figured a way to feed every child on earth for 3 billion dollars. Though this is only a cup of rice a day, it is enough if grown in third world countries to keep the children of the world alive for, I believe one year?
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