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vanity: massive fall in commodities across the board
various
| 9-11-06
| self
Posted on 09/11/2006 9:18:01 AM PDT by staytrue
Commodities of all types are falling big today.
Oil down over a dollar.
Gold down 23 dollars.
Silver down a dollar.
Grains and meats are down.
sugar, cotton, orange juice, lumber down also.
Cocoa and live hogs are about even.
TOPICS: Business/Economy; Your Opinion/Questions
KEYWORDS:
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This across the board massacre smells like someone or something big is in trouble and needs to liquidate.
1
posted on
09/11/2006 9:18:01 AM PDT
by
staytrue
To: staytrue
2
posted on
09/11/2006 9:18:55 AM PDT
by
rhombus
To: staytrue
I used to work for a commodities trader doing software development. A lot of people just got their rear ends handed to them.
3
posted on
09/11/2006 9:19:04 AM PDT
by
JamesP81
("Never let your schooling interfere with your education" --Mark Twain)
To: staytrue
Or someone is getting out at the top of the market?
</ tinfoil>
4
posted on
09/11/2006 9:19:20 AM PDT
by
IncPen
(Bush Iraq Truth WMD http://freedomkeys.com/whyiraq.htm)
To: staytrue
5
posted on
09/11/2006 9:19:24 AM PDT
by
sarasota
To: staytrue
It sounds perfect to me. Specially that oil drop. May it continue its downward spiral until I'm paying 1.35 again for gas.
6
posted on
09/11/2006 9:19:33 AM PDT
by
pissant
To: hellinahandcart
7
posted on
09/11/2006 9:20:22 AM PDT
by
sauropod
(Giving money and power to government is like giving whiskey and car keys to teenage boys." PJO)
To: staytrue
Oil down over a dollar. Wow, a whole dollar? Oh...my....God!
8
posted on
09/11/2006 9:20:23 AM PDT
by
Plutarch
To: staytrue
To: staytrue
10
posted on
09/11/2006 9:21:35 AM PDT
by
eyespysomething
(http://crumbsandfun.blogspot.com/2006/09/ana-centeno-tribute.html)
To: staytrue; 1rudeboy; Toddsterpatriot
Gold down 23 dollars."This is an EXCELLENT buying opportunity! BUY GOLD TODAY!"
(Gold goes back up)
"This shows that gold is going to go as high as $2,500 an ounce! BUY GOLD TODAY!"
To: Plutarch
platinum down 37 dollars.
12
posted on
09/11/2006 9:21:43 AM PDT
by
staytrue
To: staytrue
This good for inflation - which has been rising and that is why housing is up today---Toll Brothers and KBH.
13
posted on
09/11/2006 9:21:45 AM PDT
by
croixjr
To: staytrue
I don't know anything about the stock market, but didn't it do something weird before 9/11 or am I not remembering correctly.
14
posted on
09/11/2006 9:21:58 AM PDT
by
hipaatwo
(Vote for your life. Every vote for a Democrat is a vote against victory.)
To: mplsconservative
minorities and women greatly affected
15
posted on
09/11/2006 9:22:16 AM PDT
by
italianquaker
(Democrats and media can't win elections at least they can win their phony polls.)
Comment #16 Removed by Moderator
To: staytrue
Oil needs a hell of a lot bigger correction than that. And it needs a competitor to keep it corrected.
17
posted on
09/11/2006 9:23:41 AM PDT
by
mysterio
To: staytrue
To: tmp02
19
posted on
09/11/2006 9:24:34 AM PDT
by
Velveeta
(God bless America. Never forget.)
To: BeHoldAPaleHorse
I'm somewhat amused by the notion that, because these commodities' prices are falling, folks are losing their shirts. Of course it's true, but what about the ones scoring big at the same time?
20
posted on
09/11/2006 9:24:37 AM PDT
by
1rudeboy
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