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I think we will have loadsa rockets pictures today :D :D gold rocket firing on all cylinders , i don't think the cartel can stop $1000+ happening today. :D

P.s anybody use Internaxx based in Luxenbourg

 

Americas Northern rock wannabe in waiting :P:D

 

The name on most people's lips was Bear Stearns.

Chris Whalen, of the financial consultancy Institutional Risk Analytics in New York, said: “The Fed move is confirmation that at least one of the banks is in trouble. A huge part of the banks' inventories are illiquid. If a broker-dealer is illiquid, it dies.”

Mr Maughan said that the most likely victim was Bear Stearns, the first bank to run into trouble in the sub-prime crisis and the one that, among all wholesale and investment banks, is most reliant upon the use of mortgage securities for raising funds in the money markets.

http://business.timesonline.co.uk/tol/busi...icle3542775.ece

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I'm not going to look at any other source when that moment arrives. I want to see it here first. :D

 

I would like to be here if, no, when it goes through, but i have to go, I 've got a 3 year that needs feeding.

 

I'll look at the rockets later.

 

kb

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Calm down calm down :D

 

Volatile is the word.

 

I've gotta go to bed.

 

An interesting podcast for you to listen to while you watch them knock gold back down !

 

Roger Wiegand

Stark Reality *AUDIO*

Over at webeatthestreet.com, Roger has been publishing some sobering numbers for traders. The U$D, Silver, Gold, and more in the first weekly with Trader Rog.

http://www.howestreet.com/audiovideo/index...mediaplayer/806

 

I'll dictate a few comments from it:

 

Talking of the US$ going down.

Gold to $1050, back to $850 - I'm not sure I believe that.

 

Decoupling of mining shares from the rest of the shares.

 

Coordinated effort of central banks.

90 minute conference call.

Swapping US$ with ECB, UK and Canada, so they could get more US$ into those banks.

 

45 billion+

 

It's spreading US$ over the world.

The US$ is being printed at 10 to 11%. Inflation probably 12%.

In Russia they are printing at 50%. ?

In China at 20%.

 

This drives the US$ down.

 

Gordon Brown was trying to support the US$ by selling gold.

 

US$ as low as 45.

 

Our high for oil this year is 120 to 130.

 

Unemployment in the US !

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The cartel must run out of ammo soon in this dog-fight for the big $1000....we shall see

 

This is third attempt at the bigg'en yep, the 1K mark. All Gold shorts are now underwater and there could be mass covering at 1,000. Lovely jubley.

 

EDIT: 9:00 AM EST... PPT how now got out of bed, turned on their monitors, and maybe enough juice in the tank for one more smackdown!

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Good evening good Dr :D

You here for the party ?

It's getting awfully close.

 

Yeah. Haha. But I'm nearly always here- party or not

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Roger Wiegand

Stark Reality *AUDIO*

 

Talking of the US$ going down.

Gold to $1050, back to $850 - I'm not sure I believe that.

 

Pretty similar to my own forecast.

Imagine how that fall will feel, if it comes?

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Pretty similar to my own forecast.

Imagine how that fall will feel, if it comes?

 

I remeber watching oil cross 100 - it fell sharply soon after. I think some trader on the NYMEX may push Gold to 1000 just to get the first gold ticket at 1,000, then fall back.

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http://news.bbc.co.uk/1/hi/business/7294040.stm

 

Gold hits $1,000 for first time

 

 

The price of gold reached a record, trading at $1,000 for the first time, pushed higher by a weakening US dollar.

 

Concerns about a possible US recession are seeing investors buy up commodities such as gold as an alternative to company shares and the US dollar.

 

Since the beginning of the year the value of gold has increased by about 20%, after it rose 32% in 2007.

 

Analysts said that gold would stay close to the $1,000 mark as long as the US dollar and economy remained weak.

 

"Every bit of bad US economic data boosts gold in two ways," said Fortis Bank.

 

"First because it reinforces the return of its role as a safe-haven asset, and second because the dollar falls on expectations of further Federal Reserve rate cuts."

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Back up to 997!

NY opening is going to be interesting...

I still think it won't surpass the 1000 mark in the next few days.

I would like to be wrong though :D

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998.2 - my back teeth are getting wet!

 

The £ is holding up against the $ though. I'll be getting the party poppers out when it's £500/oz

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998.2 - my back teeth are getting wet!

 

LOL

Stick your tongue forward !

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GEI is winning The GOLD thread Race ...

 

(Advfn):

"Update on Traffic, as we head to Gold $1,000 per ounce"

 

822,058 Hits / compare Previous traffic checks:

 

UPDATES...

734,607 hits on 23.jan.2008 (734,607 - 111,111 = 623.496 hits)

 

23 Jan'08 - 14:14 - 33270 :: 365+365+13= 743 days : 839 hits per day

 

10 Jan'06 #12474 : 111,111

23 Jan'08 #33270 : 734,607 +623,496 / 743d. : 839 hits/day

13 Mar'08 #36178 : 822,058 +710,947 / 793d: : 896 hits/day

 

from 23 Jan.2008 : 822,058 +87,451 / 50days: 1,749 hits/day

Posts : + # 3908 / 50 days: 78.16 posts /day

 

= = =

 

( GEI ):

Started on March 3rd

13 Mar'08 # 1,341 : 26,405 + 26,405 / 10d: : 2,641 hits/day

Posts : + # 1,341 / 10 days: 134.1 posts /day

 

++ About 50%-70% more traffic than Advfn !!

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Dr Bubb, would it be possible for you to get a ticker with precious metals spot prices like GIM does?

figures for the dow, ftse, nikkei, cac (major indicies) etc. would also be very handy tickers.

 

I understand if it coses too much money or there is a large fee it would not be viable.

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