goldfinger
- 17 Nov 2003 10:39
Hope this helps board members out. Come on $400.
cheers GF.
nb, updated 2.30am wed.
ajren
- 05 Dec 2003 09:25
- 77 of 175
World Spot Price :-
Ask :- 401.30
Bid :- 400.80
-2.20/- .55 per cent
rgds aj
ajren
- 05 Dec 2003 14:31
- 79 of 175
Looks like happy with dollar and they predict reasonable employment data.
i.e.New York Spot Price is - 2.90/-0.72
Ask --- 400.60
Bid --- 400.10
I expect it to go sub 400 and rise next week
rgds aj
ajren
- 05 Dec 2003 15:12
- 80 of 175
Ref above : Correct i.e.New York Spot Price Low = 399 rgds aj
ajren
- 05 Dec 2003 18:37
- 81 of 175
London p.m. = 402.40
rgds aj
ajren
- 05 Dec 2003 22:34
- 82 of 175
New York Spot Price High was 406.70
Reflects the unemployment position,etc
rgds aj
zarif
- 06 Dec 2003 08:41
- 84 of 175
Saturday, December 6, 2003 (Washington):
Some financial experts are worried over the continued drop in the value of US dollar, noting that under George W Bush presidency, the currency has tumbled 44 per cent - from its October 2000 high of about 83 cents to last week's low of $1.21 to the euro.
"The dollar is the crisis story. A lot of smart money has moved out of the dollar in the last six months. Now the latecomers are rushing to sell, and that is adding to the momentum," warns James Harmon, an investment banker who headed the US Export-Import Bank during the Clinton Administration.
Felix Rohatyn, a former US ambassador to France and financial expert, said, "I am appalled at what is happening to the dollar. A basic responsibility of a government is to maintain the value of its currency."
Rohatyn argues that the Federal Reserve should signal that "it will not allow a dollar crisis to happen" by raising the Fed funds rate at which banks can borrow money overnight from its current low level of one percent. However, Fed Chairman Alan Greenspan sees no crisis. (PTI)
With the dollar falling Eur hit another all time high yesterdy at 1.2163 still in an uptrend next level 1.2375 -1.2500 -this means dollar getting a pasting and gold rising -which is good news for us.
rgds
zarif
goldfinger
- 08 Dec 2003 10:37
- 94 of 175
$409 now.
Taken back to top.
ajren
- 08 Dec 2003 11:55
- 95 of 175
Hi gf I was wrong - I thought it would not go over 407 this week.What will
happen now ?rgds aj