Posted on 12/27/2005 6:20:46 AM PST by hubbubhubbub
No doubt the dollar has another leg up to go this first quarter...
I expect the dollar index to punch through 92.50 on its way to about 96.00...then IMHO opinion and the opinion of some others the dollar will resume its down trend.
I am short EUR and GBP and long USD (carry CHF)...
It will resume its down trend...IMHO
Gold is just another medium of exchange. It's value is no more stable than say, wheat or corn. It's easier to store and handle of course, but it's still has no intrinsic value, beyond it's industrial and jewelery uses of course. The same is true of silver, diamonds, and of course pork bellies. At least you can eat the pork bellies, wheat and corn. The same cannot be said for gold, silver or diamonds.
I would only point out that the First President, AKA the Father of the Country, was also named George.
your is possesive and you're is a contraction of you are...but that doesn't duzint, doesnt make a difference to you...
Whatever brother...Its Bull Market 24/7, 365 forever...and ever and ever and ever...
Go for it...
It takes two to make a market...
LOL You've gone beyond goldbuggery to moonbattery. Shouldn't you be back at the home?
they go belly up since if we disappear from the oil market, they'll drown in the unsold glut...
How is the falloff on the last day shown any worse than that on the first day shown, which was recovered from, and then some, in between?
Mine too, wish they'd quit all this numerology and do or invest in something useful, like an oil well, a coal mine, a new airplane, or a new Jihadie seeking missile.
Well it got you to open your mouth and show your intelligence. LOL
Not much difference...depth and breadth of the market selling was far more ferocious today than I have seen in a long time...
Probably means nothing...might mean somthing
Illegals are cheaper with or without those considerations. All I see anyone doing is making excuses that don't hold water under scrutiny. The same is true with offshore labor. Even with removal of regulation, taxation and market based worker incentives gained via supply and demand - illegals and foreign nationals are cheaper by far than supply and demand generated wages within the US. Some want to point fingers at the minimum wage as though that were some big boogey man. It's bunk. Labor cost within a market is labor cost within the market. If you want to jump ship and then claim someone or something other than your greed made you do it - good luck. It's a prevarication Americans ain't buyin.
Yeah; but, I might point out to you that the first president George didn't want the job. He also fought against some of the nonsense this president George is pushing. If I had to choose, it'd be hands down the first one any day of the week. At least we wouldn't be squabbling over selling out America for profit. The people doing it would be deported or in jail already.. if not shot for treason. Back then, they hadn't so muddled the meaning of language in the US as to obscure the meaning of treason, sedition, subversion, etc. They knew what it was and dealt with it.. as did Lincoln. You guys couldn't handle a Lincoln today any more than the dims could. Somebody would likely have him shot.. again.
Hey Tex, Gold has held its purchasing power for 5,000 years. There is nothing else on this planet that has been such a store of value, nothing.
gold is 516.70, up from 328.00 two years ago. where can you get me gold for less than 500.00?
... due in most part to inflated housing prices. Not to boot that the savings rate is at an all-time low for the people with the highest net worth.
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