Altair: Where Does It End? (4 Viewers)

Red

-------
Moderator
Nov 26, 2006
47,024
That's pretty much a universal rule for every government. "Look at them, don't look at us."
I know, but I do enjoy it when the Americans have to admit they aren't quite as perfect as many of them seem to like to believe they are.
 
OP
Bjerknes

Bjerknes

"Top Economist"
Mar 16, 2004
116,149
  • Thread Starter
  • Thread Starter #468
    fuuuuuck i knew it was gonna finish negative, didnt trust my instinct

    SHIT
    Come on, why didn't you trust your extinct?

    I knew it was going to finish negative and I'm a newbie at this shit!

    Yeah, Enron.

    There was some interview with some American on BBC earlier saying that the US had just broken all the rules that they said developing countries should follow, most notably about supporting failing businesses.

    'Do as I say, not as I do.'
    I know, but I do enjoy it when the Americans have to admit they aren't quite as perfect as many of them seem to like to believe they are.
    Oh, trust me, most Americans still think we're the best, even when we murder thousands of people for oil. If people would open their eyes perhaps we'd be better off now.

    Treasury Department has issued a new one dollar bill...
    HAHA! Might as well start printing them up.
     
    OP
    Bjerknes

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,149
  • Thread Starter
  • Thread Starter #474
    Asian markets all looking very foul. European Equity market futures not looking good either.
     
    OP
    Bjerknes

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,149
  • Thread Starter
  • Thread Starter #476
    Is gold going to go up more?
    Well, short term the market looks good for increasing prices, but the overall market trend is down. All the statistical stuff we look at are conflicting with one another, so I'm not exactly sure where this market is going.

    Through logic, if the FED decides to lower rates for lending, the value of the dollar will fall, and usually that means people will put their money in gold, thus raising the price. And considering we are in a recession I suppose I think the price of gold will rise.
     

    Sarah

    s-doLLa
    Sep 26, 2007
    2,119
    Ok so wait to sell gold? I'm just curious because the price of gold is tied to the price in the market over in the Middle East. I just wanted to know because my mom is asking me whether I want to trade up my gold or wait.
     
    OP
    Bjerknes

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,149
  • Thread Starter
  • Thread Starter #480
    Which is why I am investing in an H5N1 vaccine. :smoke:
    Hong Kong markets looking stank. Damn bird flu again. :agree:

    Ok so wait to sell gold? I'm just curious because the price of gold is tied to the price in the market over in the Middle East. I just wanted to know because my mom is asking me whether I want to trade up my gold or wait.
    I'm not sure though. Sometimes in a recession the price of gold falls, but considering we have an astronomical credit crisis on our hands, gold could rise in price. It really depends on what the FED does. If the rates are lowered, the dollar goes down in value and gold usually goes up.

    Canardo has all the fancy tools for market profiling. He could add some insight to the pricing. If it were me, I'd hold onto it. Having gold in your portfolio during times like these isn't exactly a bad thing... especially with the US economy seemingly free falling.
     

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