Russell's Federal $ index

[Russell Kanning]

Those of us who are shorting $s and are long in many competing items are really enjoying the Federal Dollar tumble.

I am trying to decide the best ways to index the $.

So here is today's market report:

In heavy trading $s held steady today at  2.27 lbs of bananas at my local market.
At APMEX the $ fell to only .0217 ounces of Silver.
At Northwest Territorial the $ buys .0208 ounces of Silver coins down from .0210

I just ran across this today.

http://www.reuters.com/article/2011/04/21/precious-factors-idUSLDE73K08620110421
The dollar tumbled to a three-year low against a basket of currencies on Thursday, with market players selling the greenback to buy buoyant risky assets in a move that threatens to drive the dollar index towards its historic low.

I saw a lot of market players today and they were practically giving away their Fed $ today and were buying into almost any commodity they could get a contract on.

[Russell Kanning]

Dollars were holding steady in light trading against bananas in Wednesdays market.
the Dollar has climbed to .27 gallons of unleaded on the streets.

[Russell Kanning]

Dollars have continued to hold firm against retail delivered bananas in my area.
Dollars have climbed slowly versus unleaded at local pumps.
but according to this article they are falling in terms of grams of gold:
http://lewrockwell.com/orig12/vollum1.1.1.html