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  • #322,501
  • Nov 9, 2010 3:36pm Nov 9, 2010 3:36pm
Quoting gatorinla
yep... and ill take all your gold.. but i may leave it for a sandwich. food will be what keeps the lead flowing. gold will just weigh the dying down.

That and fresh water, that will the the commodity of choice in the next century and fought over more then oil is now.
  • #322,502
  • Nov 9, 2010 3:37pm Nov 9, 2010 3:37pm
some support below at 3954/56....
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Look Sharp/Trade Tight
  • #322,503
  • Nov 9, 2010 3:38pm Nov 9, 2010 3:38pm
buying a few more euro's
New voice message: Why are you calling me? If I need you, I'll call you!
  • #322,504
  • Nov 9, 2010 3:38pm Nov 9, 2010 3:38pm
Quoting cloggie
That and fresh water, that will the the commodity of choice in the next century and fought over more then oil is now.
Global warming? Heck, the polar cap isn't melting...they're stealing it !
Si vis pacem, para bellum.
  • #322,505
  • Nov 9, 2010 3:39pm Nov 9, 2010 3:39pm
while we all talking fundies and such

GOLD .. well how can us stock markets AND gold be taking off ...one has to give

reality is all markets are manipulated to make the rich richer.

Is the usd any weaker than GBP or the Eur. Only one country holds up the eurozone .. germany.. the UK has few brits left only immigrants ,from places like Afghanistan, that complain that their 2500 pound per week house ,that the government is paying for on welfare, in the centre of london is smaller than their house back in afghanistan

at least the feds have a printing press ... and they capped the unemployment benefits at 99 days .. in the UK you can claim welfare for ever and do not even have to be from there .. arrive from Poland one day and be on welfare the next ... UK is awesome and this is why I left many years ago when it became part of the European Union. We have held our borders for hundreds of years and since joining the EU anyone and theri granny can come there now , sponge of the welfare system and now they are getting rid of our navy and I even heard that the French are using our aircraft carrier to host their planes .. hello did any one not hear of Napolean ?

lol

so is USD really that bad ?
Blogging daily now at www.volume.zone
  • #322,506
  • Nov 9, 2010 3:39pm Nov 9, 2010 3:39pm
Quoting KillerWhale
buying a few more euro's

Blimey, wouldn't you rather get out the other one at BE or better first? I ain't buying this bounce.
  • #322,507
  • Edited 3:56pm Nov 9, 2010 3:41pm | Edited 3:56pm
Quoting cloggie
The BOE gold reserve is zero. They have none. Brown flogged it all.
and announced it the day before, oh how markets are manipulated... makes yer blood boil...
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  • #322,508
  • Nov 9, 2010 3:43pm Nov 9, 2010 3:43pm
Quoting malcolmb14

that compain that their 2500 pound per week house that the government is paying for on wekfare in the centre of london is smaller than theri house back in afghanistan

That is so true, I got a place in London and we have a few residents from the East end that decided to move to the neigbourhood and send the 4k a week rent bill to the council, because they "wanted" to live in a nicer place and the council pays for it anyways. It is madness, I like what Cameron is doing, capping the weekly allowance at least so that someone on welfare is not living in a place that someone on average income could not afford. How can the unemployed afford to live in areas of London that a fireman, police officer or teacher could never afford. But Labour promoted that so that they could skew the votes in those districts, dilute them with their "own" voters and keep the Tories at bay.
  • #322,509
  • Nov 9, 2010 3:43pm Nov 9, 2010 3:43pm
Quoting cloggie
The BOE gold reserve is zero. They have none. Brown flogged it all.
Lol yes, the genius Brown, against the advice of the BoE sold it at $275/ounce.
  • #322,510
  • Nov 9, 2010 3:46pm Nov 9, 2010 3:46pm
Quoting uksnowman
Lol yes, the genius Brown, against the advice of the BoE sold it at $275/ounce.

There is still about 7Bn in the EEA account, but that is not the property of the BOE.
  • #322,511
  • Nov 9, 2010 3:47pm Nov 9, 2010 3:47pm
Malcomb, I am really believe in VSA efficiency and since a long time I wanted to tell you : thanks a lot. You say you left UK but can you imagine why I left France to go in Germany. You could not imagine what is going on in France...
I really think that Uk is not so generous if you compare with his old ennemy...
Cheers...
  • #322,512
  • Nov 9, 2010 3:47pm Nov 9, 2010 3:47pm
Quoting cloggie
There is still about 7Bn in the EEA account, but that is not the property of the BOE.
Who owns it? China?
Si vis pacem, para bellum.
  • #322,513
  • Nov 9, 2010 3:48pm Nov 9, 2010 3:48pm
Quoting Duce
Who owns it? China?

The UK government, not the BOE. They always had seperate reserves. It is part of the exchange equalisation account and needs to stay there as collatoral for swaps, IMF and FX. It is not used as collatoral for Sterling.
  • #322,514
  • Nov 9, 2010 3:49pm Nov 9, 2010 3:49pm
it is not even to the regular joes that have been living there for many years either .

Fly in from Afghanistan one day , get your Central London 10 k per week house the next , courtesy of the UK government .. yet everyone says the USD is shit. That soes not include your child benfit , unemployment pay etc etc.....

In Canada you cannot claim welfare for 1 year form entry and you have to have a sponsor.... if you cannot live your sponsor has to pay for you. I guess this is why CAD is one of the strongest currencies around these days.

Quoting cloggie
That is so true, I got a place in London and we have a few residents from the East end that decided to move to the neigbourhood and send the 4k a week rent bill to the council, because they "wanted" to live in a nicer place and the council pays for it anyways. It is madness, I like what Cameron is doing, capping the weekly allowance at least so that someone on welfare is not living in a place that someone on average income could not afford. How can the unemployed afford to live in areas of London that a fireman, police officer or teacher could...
Blogging daily now at www.volume.zone
  • #322,515
  • Nov 9, 2010 3:50pm Nov 9, 2010 3:50pm
omg

silver lost nearly 9% in the last 4 hours...

damn huge volatility again on the markets - maybe this is the starting point of a correction (also on the stock markets)
Pecunia non olet
  • #322,516
  • Nov 9, 2010 3:51pm Nov 9, 2010 3:51pm
Quoting letsarb
Malcomb, I am really believe in VSA efficiency and since a long time I wanted to tell you : thanks a lot. You say you left UK but can you imagine why I left France to go in Germany. You could not imagine what is going on in France...
I really think that Uk is not so generous if you compare with his old ennemy...
Cheers...
Thanks

I think Germany is the strong hold of the Euro zone.

My question is USD really that bad ? The news says it is .. but the news also said oil was going to 200 at 146 ....lol
Blogging daily now at www.volume.zone
  • #322,517
  • Nov 9, 2010 3:52pm Nov 9, 2010 3:52pm
Do you expect any volum in this pair soon ?
Would like to se a retest of 1.3750-area, think its coming?
  • #322,518
  • Nov 9, 2010 3:53pm Nov 9, 2010 3:53pm
Quoting malcolmb14
Thanks

I think Germany is the strong hold of the Euro zone.

My question is USD really that bad ? The news says it is .. but the news also said oil was going to 200 at 146 ....lol

The EU would be nothing without Germany and is the only reason the euro and the PIIGS are propped up now
  • #322,519
  • Nov 9, 2010 3:55pm Nov 9, 2010 3:55pm
Quoting gatorinla
same as the others. 079 and 029.. they move a little.. we may dive again soon
Can u plz explain those levels?

Are they 3879 and 3829 or 3779 and 3729?

Thanx
  • #322,520
  • Nov 9, 2010 3:55pm Nov 9, 2010 3:55pm
Quoting redsword11
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