hatrack
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-03-08 10:35 AM
Original message |
10:34 EST - NYMEX - WTI 103.56; Brent 101.72; Gold 988.70; Silver 20.53 |
fascisthunter
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-03-08 10:39 AM
Response to Original message |
|
gold almost 1000???? Holy shit!
|
GliderGuider
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-03-08 10:46 AM
Response to Original message |
2. It does have that teetering-on-the-brink, pre-apocalyptic feeling, doesn't it? |
|
With all these price signals, there's got to be a substitute for oil just around the corner. Maybe even a substitute for money, if it gets too expensive?
|
phantom power
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-03-08 11:05 AM
Response to Reply #2 |
3. Yes, the Invisible Hand will surely save us. |
One_Life_To_Give
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-03-08 11:29 AM
Response to Original message |
|
Seems to me that oil hass been fairly stable to the Euro.
So the question is; Is oil getting more expensive or is the dollar becoming worth less?
|
phantom power
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-03-08 11:42 AM
Response to Reply #4 |
5. i got a rough trend from these: |
|
2003: 24 euros/bar http://goldmoney.com/en/commentary/2004-02-18.html2008: 67 euros/bar http://paguntaka.org/2008/01/07/oil-price-6785-euros-10009-per-barrel-how-is-bussiness-and-industry-condition/So, it is getting more expensive, but as you point out, the effect in dollars is enhanced by dollar devaluation from other factors.
|
hatrack
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Mar-03-08 02:05 PM
Response to Original message |
6. 2:05 PM EST - WTI $103.39; Gold $985.10 (15-minute delay) |
DU
AdBot (1000+ posts) |
Fri May 10th 2024, 08:39 PM
Response to Original message |