junker
(403 posts)
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Sun Oct-24-04 07:30 PM
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Gold already up over 4 bux, And dollar is balancing on diving board. |
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Can't wait to see how the PPT react tomorrow. Will it be able to save the dollar once the NY markets open? Even with new margin requirements on energy traders?
And perhaps gold up 20 USD$ or more in overnight, foreign market action?
*****
We wait, hungry, and lean. Relaxed muscles, knife in hand, darkness our cloak.
We smell your blood, yet still in vein, hot and tempting to the blade.
Our years in winters' cold, ice-cover our hearts, expect no mercy, our childs' dead eyes steady our hand.
translation from the chinese. A warning to the improper tax collector (or The response to corruption).
Sic semper tyrannis.
Blood, first fiscally, in the streets is coming. Time to put on the wading boots.
Can anyone say 'black monday' or deja vu all over again.
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AnnInLa
(1000+ posts)
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Sun Oct-24-04 07:35 PM
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1. Oh god, no more black mondays, please! |
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I'll never be able to retire, will have to work till I die!
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RebelYell
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Sun Oct-24-04 07:43 PM
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2. Gold went up $4.40 in a couple hours today |
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http://www.goldinfo.net/gold1.htmlI can't wait to see where it goes tomorrow. We bought gold at $227.
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ramblin_dave
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Sun Oct-24-04 08:24 PM
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3. India Puts The Boot Into US Dollar |
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http://www.minesite.com/storyFull.php?storySeq=160Stop Press!!! India Puts The Boot Into US Dollar.
No it wasn’t hindsight. Minews was sitting on Eurostar on the way to Paris last weekend when his eye was drawn to a headline in the Pinker than Pink ‘Un which read as follows. “India to dip into forex reserves to build roads.” Looks innocuous enough, but it was the signal long awaited that the US dollar would finally crack. For a long time now India, China, Japan and a number of other countries have been reinvesting the dollars they have been paid for exports in low yielding US Treasury bonds. India has around US$120 billion foreign exchange reserves and most of that is in these bonds which have been depreciating against the euro, pound and yen.
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DU
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Tue Apr 23rd 2024, 11:52 AM
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