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Asian Market report- Gold@ $971.30/Silver@$19.80 and the dollar .65/Euro

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 11:03 PM
Original message
Asian Market report- Gold@ $971.30/Silver@$19.80 and the dollar .65/Euro
Are we having fun yet?

BHN
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 11:11 PM
Response to Original message
1. No, and it's going to be less fun 6 months from now
People have got to realize this is the inevitable result when the GOP gets hold of the economy for too long. Their economic dogma never changes and it always beggars us all.
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demosincebirth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 11:29 PM
Response to Reply #1
5. Republicans were also responsible for the "29 crash
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 12:34 AM
Response to Reply #1
8. I think "beggars" is going to be insufficient as a descriptive before they're finished.
Edited on Fri Feb-29-08 12:34 AM by BeHereNow
I am picturing "Potter's Field graveyards" across the nation actually.
You familiar with that term?

http://www.graveyards.com/IL/Cook/dunning/
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 12:46 AM
Response to Reply #8
9. I'm also familiar with a sudden increase in deaths from
Edited on Fri Feb-29-08 12:46 AM by Warpy
pneumonia and heart failure in the 30s because starvation wasn't an acceptable cause of death.

We've been here before, folks, and the same bastards who did it to us back then have done it to us now.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 12:58 AM
Response to Reply #9
10. Add to that, Wolfowitz's biochemical warfare...(PNAC doc, remember?)
Which I think we may be witnessing now, as in the past-
Sars anyone?
Who knows what these fuckers are capable of?
I put NOTHING past them and there's nothing
"tinfoil" about that when you are paying attention
for more than a nano second.

I know I am preaching to the choir,
but now and then, I really need to communicate
with some one who understands what's going on.

I know you are such a person.

BHN




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roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 11:11 PM
Response to Original message
2. I am!
Edited on Thu Feb-28-08 11:12 PM by roamer65
I want a full blown dollar crisis.:evilgrin:
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 11:26 PM
Response to Original message
3. WOW
inflation and the dollar fall is just nations saying enough debt US
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demosincebirth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 11:27 PM
Response to Original message
4. Hell of a mess your got us into...George!
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sicksicksick_N_tired Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 11:57 PM
Response to Original message
6. I'm grateful to be poor without bombs dropping about me, I reckon.
:-(

I am grateful,...I reckon.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 12:20 AM
Response to Original message
7. Oops, make that $973.30 and $19.86
Can't wait to see the Friday end...
and the MSM non-reporting on the dollar.

BHN
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Lydia Leftcoast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 01:13 AM
Response to Original message
11. The dollar is falling against the yen again
It's been at about 107 yen to the dollar; now it's in the 104 range.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 01:19 AM
Response to Reply #11
12. Lovely. the Trilateral Commission, Council on Foreign Relations and the Federal Reserve are SO very
and to think, Americans voted for all of them.
Democrats and Republicans alike.

BHN
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NuttyFluffers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 06:06 AM
Response to Reply #11
20. hey, that 5000 yen note i got at 109:1 2 yrs ago should be worth something now...
hmm, but maybe i should also hold onto it and let it age more. hmm, but japan switches out its bills rapidly, who knows how much it might have devalued.
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kineneb Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 01:34 AM
Response to Original message
13. real value of dollar is tanking
Wonder when the rest of the world will just give up and switch to Euros, Rubles, Yen or Yuan? And when our Chinese overlords will call for real assets to pay off what we owe them?
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 01:47 AM
Response to Reply #13
14. when our Chinese overlords will call for real assets to pay off what we owe them?
Hide your metal.

BHN
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kineneb Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 02:06 AM
Response to Reply #14
15. not metal, but maybe whole states...
I have lost count how deeply the US is in debt to the rest of the world... seems like the whole country just might be forclosed upon...

...and now on the auction block: Kansas. What do I hear as a starting bid for Kansas?
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riotman Donating Member (3 posts) Send PM | Profile | Ignore Fri Feb-29-08 02:29 AM
Response to Original message
16. i saw this coming
I bought gold a couple months ago. Now I just wish I would get paid in gold.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 03:24 AM
Response to Reply #16
17. Welcome to DU!
yes, being paid in gold would be VERY nice!
Especially since our dollars aren't going to be worth
the paper we wipe our... you know what with.
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 03:28 AM
Response to Original message
18. Asian Market update- Gold: $975.10 /Silver $19.92
Oh my...
BHN
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Fire Walk With Me Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 04:23 AM
Response to Original message
19. How much do you want to bet that Bush and friends are heavily invested in gold, etc.?
They've manipulated so many other things, why not screw the dollar to make even more money? That's what they do. Destroy things in order to set themselves up to profit. Remember them wanting to give the Social Security money to their friends on Wall Street? Looks like they've got their fingers in multiple money-making schemes.

And we pay the bill. Just like with Neal Bush and Silverado.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-29-08 01:53 PM
Response to Reply #19
21. Barrick IS the BFEE- hell yes they are invested.
And so are the congress piggies and the rest of
the stinking putrid lot that is the cesspool
called D.C..

Wonder why the branches of government do nothing
to serve us? Because they are all making GADS of money.
The corporate masters pay them very well-
they know YEARS before the public what to invest in
and will not give that privilege up easily-
it's one of the perks of being a member of the
global elite's lap dog kennels.

BHN
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