Auslanco - GBP/JPY and GBP/USD (newstrade)

My Oanda is showing 200.09 as price

[quote=my2buoys;1905657]My, my, my. Looks like I missed quite the philosophical/political/world-ending-economics discussion yesterday. It's been a while since I have checked in, but I feel to go ahead and weigh in on this current world-wide trauma we are experiencing. First of all, I truly appreciate Markam's perspective to a certain point. Where I disagree, and tend to lean more toward Dagoods view, is based upon this: What good does it do to go ahead and hoard gold, silver and other precious metals simply because all the currencies of the world are going flat? How is the value of precious metals calculated if not in the number of dollars, yen, pounds etc it is worth? What good does it do to hoard what is considered to be the most valuable commodities at the moment if there is nothing you can purchase with those commodities in the future? If I have a cave full of gold but there is no food to buy then the gold does me no good and the gold, in essence, becomes valueless. It is true that we are in a downward trend of a cycle, but what Markam says is also true, that the entire world is being affected by this cycle. As someone mentioned earlier, we are indeed on the verge of another world war. I am not preaching doom and gloom by stating that, I am simply stating what the Bible has been declaring for a long time. (And for those of you who are atheists or agnostics you can skip the rest of this if you'd like.) When England and America began pruning God out of their laws and their political consciences the ultimate conclusion was evident. You can talk about the gold standard, central banks, hedge funds and the JP Morgans of the current world all you want, but the reason things are bad is because the countries of the world who once had a deep reverence and respect for the Almighty have turned their backs on Him one by one. Call me Pollyanic if you desire, but history bears out the fact that the 'greatest' civilizations of the past ultimately fell as a result of their personal indulgences and their deification of humanity. Hoarding will never result in any good. The principle of "Give and it shall be given unto you" still applies today. The law of 'sowing and reaping' is an eternal law which applies to all aspects of life, not just farming. If you hold on to the seeds in your hand you will eat for a while, but if you broadcast those seeds you will see a future harvest. The scripture signature at the bottom of my posts which I have been using since I began in Forex Factory, will forever remain true. World War III is on its way, folks, but for those who continue to trust in God to supply their needs, and continue to apply the law of sowing and reaping in their daily lives, there is no fear of the future. Well, that's enough to digest for now. You can write it off as a message from a religious kook or you can take it heart.

M2B

PS- Gotta go for now. I'm on my way to church.[/quote

I agree M2B (hey that rhymes) and would like to add that the world is full of the love of money and usury. We definately do need a shake up in many areas. The exhorbant overcharging of interest, the cheating on mortgages etc all have to be judged because they are wrong. Money in and of itself is just a vehicle and is not corrupt but some of the people who use it corruptly are. In the end the ones who are honest in their dealings will stand and hopefully a better nation and world will come of it. This is a wake-up call for everyone.
Nikki

I would like to point out that all the other weekend quote sites that people were pointing out yesterday as showing GJ up are now showing GJ down below 200, matching what cnnmoney was showing yesterday.

http://money.cnn.com/data/currencies/

As far as I am concerned, this site is by far the most accurate in showing weekend currency rates.

GJ has also dropped 30 pips in the last hour or so. I expect an opening below 199.

Live streaming chart with feed opening at 2pm here. Last quote at 199.58

If forex basically closed on saturday; how are d prices changing if noone is trading

down another 30 pips. Now 199.43

There is plenty of trading on the weekend. Us small-fry just can't trade

Just out of curiousity, has anyone ever seen a site that shows what is happening with spot prices for precious metals over the weekend?

Nope, but sure wish i had a pickup truck full of platinum

say the war / or world war 3 is start, so what happend then to dollar/sterling/yen etc, and gold, oil,etc ?
what happend to forex ? what happend to my/your account ?

oil and precious metals go way up. Who knows what would happen to individual currencies.

flight to safety, who is the asshole bully of the world USD

Awesome, I'm still short at market close at FXCM Closed Friday at 200.80

Ignorant statement.

May of just seen the near term lo in yen lookin at oanda data

the war will start from lebanon
i think end of this summer will have something bad
say the war / or world war 3 is start, so what happend then to dollar/sterling/yen etc, and gold, oil,etc ?
what happend to forex ? what happend to my/your account ?

Regarding your/mine/everybody's individual account I believe it depends whether you are an "enemy of freedom" or not.

Jaroo, ignorant means that there is no basis of truth to above statement, it really is quite known since WW2 that USA is the bully of the globe

On a more serious note,do you believe we may expect a rebound this week?I'm thinking that BOJ and Fed may stick their fingers in this pie:Fed by lowering rates again,BOJ by supporting the U/J.

ok thxs markam, and the world war must be happend sooner or later, maybe this year or 10 or 50 years later or more, althought i prefer peace.......
so oil and precious metal will always up trending in long term....from what i know since child till now , gold is 20 or 30 time more expensive ( there were no world war since i was born ) , imagine how much the price will multiply if the world war is on. :surprised ....2000/5000/10000..........1000000000000000

Ingnorant means lack of knowledge. You call USA a bully, I call her a Liberator. This is not the thread to discuss it. Let's get back to the analysis.