anotherone Posted August 9, 2004 Report Share Posted August 9, 2004 Summoner, I will get it out in tomorrows mail. I forgot all about it. Buy? Ha. Still got Stool Plates? You owe me one for 7(7 deadly sins). Link to comment Share on other sites More sharing options...
Hypertiger Posted August 9, 2004 Report Share Posted August 9, 2004 As I said this morning it doesn't matter what Al does-"He raises and he will be perceived as killing the Economy-he doesn't raise and the perception will be the wheels are falling off" either way we go down! Yes it is basicly pure psychology at this point... In my previous chart Federal funds would have to drop past the .25% level to make a lower low... Basicly when Federal funds hit the -75% mark that is as low as they are ever going to get...If the FED were to slash rates to zero...that would be about -100% on the chart...Could get a double bottom...then there will be no where but up... Rates have been dropping for 45+ years...That is about to become totally impossible... Debt inflationary potential is constantly weakening...Holding rates is better then raising them but ultimately it is a difference between reaching economic doomsday quick or quicker... Link to comment Share on other sites More sharing options...
jstrack Posted August 9, 2004 Report Share Posted August 9, 2004 Its a mixed bag over there...a lot of different opinions... Like here there is a lot of interest and debate going on. Overall similar outlook... Some think that the govt. will not let the markets tank before the election... We shall see....lol Link to comment Share on other sites More sharing options...
Butterfield 8 Posted August 9, 2004 Report Share Posted August 9, 2004 We never did trust him - it's Europe and the CB's I am referring to. Link to comment Share on other sites More sharing options...
The End Posted August 9, 2004 Report Share Posted August 9, 2004 Summoner, I will get it out in tomorrows mail. I forgot all about it. Buy? Ha. Still got Stool Plates? You owe me one for 7(7 deadly sins). That is correct. Pm me your address. Link to comment Share on other sites More sharing options...
Bearman Posted August 9, 2004 Report Share Posted August 9, 2004 LET BEARMAN KNOW WHEN NIK-ME IS DOWN A NICKLE PEOPLE ARE STRANGE I HAVE SAT IN SILENCE READING FOLKS "THE MUSIC IS OVER" I CUT MY TEETH ON THE 33 LONG PLAY STEREO 1967? ~11~ F_CKIN MINUTES OF BLISS! BEST PART ~RAVAGED AND PLUNDERED AND RIPPED HER AND BIT HER STUCK HER WITH KNIVES~ COME BACK BABY! OH YEA ! CANCEL MY SUBSCRIPTION TO THE RESURRECTION! WINDOW PAIN 4 WAY BLOTTER ACID :grin: Link to comment Share on other sites More sharing options...
machinehead Posted August 9, 2004 Report Share Posted August 9, 2004 WINDOW PAIN 4 WAY BLOTTER ACID :grin: got any left? Link to comment Share on other sites More sharing options...
Butterfield 8 Posted August 9, 2004 Report Share Posted August 9, 2004 Don't know if anyone cares about this, but I went into a bank in Oslo with a mitfull of tropicana twenties and they gave me Swiss francs for them. Doesn't mean they will take them a year from now, however. Commission lower than my bank too. Gotta love the socialists. Link to comment Share on other sites More sharing options...
Hypertiger Posted August 9, 2004 Report Share Posted August 9, 2004 Hypertiger,so,what's to stop the Fed from buying up debt "assets" from the CREDITORS? Nothing,that's what,the money has set value,it is not redeemable into anything. The numbers will get bigger,some people will get hurt,some won't., The banks won't,their debt "assets" are just turned into cash.They can then buy anything that is inflating,with the "money" re-issued from the Fed.The Fed will buy the mortgages,the people will pay the Fed instead of the banks,no big deal,they'll go along with it or walk away. The system is for them,they do not fail anymore,at least the chosen ones will not. Who audits the Fed? Who cares,as long as the system runs.If it doesn't,that's the great Depression,that was real stupid,that's why the money has no set value anymore. The things that have real value is the stuff we all need to survive,oil,water,food, electricity.Somebody will always own the stuff,and the companies that produce the stuff.That is the basis of real wealth. The rest is just numbers,there is no law that states numbers cannot get bigger all the time. They will,until it just gets too silly.Then you will have monetary reform,probably commodity based money,not just gold,but a basket of commodities. Whirld Wide Weimar,coming soon,to a theater near you. Have the numbers gotten bigger since the great depression? I think they have... What you are talking about has already been done...It's how we got here. Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted August 9, 2004 Report Share Posted August 9, 2004 Apologies to you traders, more inconsequentiality. . . Velvet Beer, Czech Republick, after 1 beer. Link to comment Share on other sites More sharing options...
Guest Posted August 9, 2004 Report Share Posted August 9, 2004 Crude oil prices down from record Crude oil for September delivery was down 51 US cents, or 1.2 per cent, at US$43.90 a barrel at the Friday close of floor trading on the New York Mercantile Exchange http://news.xinhuanet.com/english/2004-08/...ent_1741245.htm Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted August 9, 2004 Report Share Posted August 9, 2004 After 2 Velvet Beers . . . Link to comment Share on other sites More sharing options...
brian4 Posted August 9, 2004 Report Share Posted August 9, 2004 Jimi bookmark this and refresh every 5 minutes... www.nni.nikkei.co.jp./CF/FR/MKJ Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted August 9, 2004 Report Share Posted August 9, 2004 After 3 Velvet Beers from Czech Rep. Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted August 9, 2004 Report Share Posted August 9, 2004 After 4 Velvet Beers. . . Link to comment Share on other sites More sharing options...
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