OH LORD

[Steve S]

Originally Posted By: oilyriser
Gold is still above 900, platinum above 1000, even copper pretty expensive. The bubble still has not fully deflated.
Remember the price of gold in the 1980s peak was around $850.00ish and the dollar was worth much more.

 

[Steve S]

Originally Posted By: Drew99GT
http://www.bloomberg.com/apps/news?pid=20601087&sid=aP5mpMUORBWM

It's here. NWO.
Been reading up on the subject since the 1970s.

 

[Shannow]

Originally Posted By: Steve S
...the dollar was worth much more.


That's been killing the Oz markets this week. Our dollar is plumetting as well.

The oversees investors (Particularly in Japan) are seeing not only the price of a stock drop in $Oz, but the exchange loss as well, and are shying away from it.

Throw in the banks calling in margin accounts, and it's nasty.

 

[Gary Allan]

Where's Jonathan E??



The game was created to demonstrate the futility of individual effort

 

[Primus]

Originally Posted By: Shannow
That's been killing the Oz markets this week. Our dollar is plumetting as well.

The oversees investors (Particularly in Japan) are seeing not only the price of a stock drop in $Oz, but the exchange loss as well, and are shying away from it.

Throw in the banks calling in margin accounts, and it's nasty.


This is worldwide. Our currency was loosing up to 15% this week together with another drop in stocks. On Friday Hrivna offset 5% after National Bank intervention, but think the next week the drama will be unwinding with a new force.

 

[buster]

http://www.youtube.com/watch?v=HtY42wnFVMI&feature=related

 

[Gary Allan]

Why do so many need Capt Obvious to articulate what was painfully apparent if you just stepped back and said "something is unright"? I guess it's hard not to tap your foot to the beat of the background MUZAK.

 

[oilyriser]

I think they were hoping the Iraq war would open the oil taps before everything ground to a halt. Timing was a bit off.