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World Stock Markets Trading Discussion - Stertorous sputtering


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about the only thing acting worse than GDX is "BOIL".........any thoughts on natural gas?

 

I think nasty is probably farked for awhile

 

Seems as though we got all we need and then some

 

Recent global warming winter weather here on the east coast is going to kill it even deader

 

The minute it gets any legs, someone will be waiting in the wings to "drill baby drill"

 

If 50 degree + temperatures in January in NJ are the result of Global Warming, I say Thank You and bring it on!

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Hello,especially fxfox

DAX cant be compared witrh SP500. 

DAX is total return index. SP500 is price index.

 

DAXK is a price index and is right now above 4000:

http://www.bloomberg.com/quote/DAXK:IND

 

SP500 total return (like DAX) is above 2550 :)

 

http://www.standardandpoors.com/indices/sp-500/en/us/?indexId=spusa-500-usduf--p-us-l--

 

 

Now you see that Germany index is not so strong. Keep this diff in mind.

 

cheers

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Hello,especially fxfox

DAX cant be compared witrh SP500. 

DAX is total return index. SP500 is price index.

 

DAXK is a price index and is right now above 4000:

http://www.bloomberg.com/quote/DAXK:IND

 

SP500 total return (like DAX) is above 2550 :)

 

http://www.standardandpoors.com/indices/sp-500/en/us/?indexId=spusa-500-usduf--p-us-l--

 

 

Now you see that Germany index is not so strong. Keep this diff in mind.

 

cheers

 

 

Welcome Chrisrock to the fun-ny farm ... where iam-madness rules and Doc despenses supputories ...  :lol: :lol: :lol:

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An observation

__________

 

post-6859-0-80733400-1357753236_thumb.jpg

 

http://www.federalreserve.gov/releases/h41/current/

 

What appears to have happened under the Gold Reserve Act of 1934 is the Treasury seized the Fed’s gold, taking full ownership and claim to its proceeds. The Treasury as an aside transferred a sum of special 1934 series gold certificates to the Fed amounting to the statutory value of gold ($20.67 per ounce) times the quantity of gold transfered from the Fed to the Treasury. The official gold price was later revalued to $35 an ounce, an effective 40.94% devaluation of the currency, and stood at that value until the passing of the Par Value Modification Act of 1972. Under this act, gold was revalued again, this time to $38 an oz, and the Treasury account was credited upwards by $822 million in miscellaneous receipts to reflect the change in the gold price from $35 to $38. The gold was revalued one last time in 1973 to $42.22 and again the Treasury was credited with more additional value to their gold, $1.157 billion to be exact, to account for this. As of today, the Federal Reserve is left with $11.16 billion dollars worth of gold certificates and the Treasury holds 8,133.5 tonnes of gold still valued at $42.22/oz.

 

http://www.goldnews.com/2011/06/02/fed-lawyer-alvarez-the-federal-reserve-does-not-own-any-gold-at-all/

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Answer: Gold is measured in Troy ounces and 1 Troy ounce equals 1.0971428571 ounces. 1 metric tonne = 32,150.746 Troy ounces. 1 long ton of 2240 lb (UK) ...

 

https://www.google.com/search?q=8135+tons+of+gold+in+ounces&ie=UTF-8&oe=UTF-8&hl=en&client=safari

 

 

32,150 x 8,133 x $1,650 = $4.314^11

 

 

:huh:

 

 

Is that a lot?

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