From the FT - The Gold Bubble - "the dumb money is rushing in" - that's for sure.
http://video.ft.com/v/1090408630001/Gold-bubble
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From the FT - The Gold Bubble - "the dumb money is rushing in" - that's for sure.
http://video.ft.com/v/1090408630001/Gold-bubble
Well let's put it this way, not the airline I work for, POO is not too bad, could be a lot lower, and load factors are good. All is going very well indeed. What recession? There's loads of money out there. Peak oil-hahahaha
The gold bubble reminds me of the POO crash, I'm sure you remember that very well tricha.
$10,000. LOL. Dreams are ALWAYS free. Wasn't FML a favourite of yours, has it been a gold mine? Doesn't look like it.
Looks to me like the USD hit rock bottom at the beginning of May.
http://finance.yahoo.com/news/Stocks...64801.html?x=0
USD basket could go lower yet, from 74 down to as low as 37 (the Moneychanger today). Gold reaching a new high of US$1670 just now. Some big international shares are dropping quite a bit.
http://20smoney.com/2011/08/02/dowgo...g-like-a-rock/
What a swing tonight so far.
Up to 1680 then suddenly or rapidly back down to 1650, Why? who knows, thats the nature of mixed emotions, planning, thinking, actions when everything else seems to be turning into mayhem whilst everything also falls to pieces.
Nothing like the USD when it turns to a can of worms.
Silver's $38, LOL I thought this was supposed to be its moment of glory and it plunges.
http://fxstreet.com/rates-charts/usdollar-index/
Would that be because it's tied to industry applications? electronics ect...
Scarey stuff.... qe3?