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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (8059)8/7/2006 9:33:29 AM
From: TobagoJack  Respond to of 220125
 
<<I simply cannot see the ability of the Euro to go up much more against the US$. So how is that going to affect the precious metals?>>

... the pressure on all paper currencies will find expression in gold, and the poetry will be bullion :0)



To: Ramsey Su who wrote (8059)8/7/2006 11:32:39 AM
From: Maurice Winn  Read Replies (2) | Respond to of 220125
 
Ramsey, my vacation effect impact on QCOM has put all yours in the shade, you amateur. Which I quite like around here - yet another sunny day. Every one a winner since 17 May. Even the odd thunderstorm only lasted minutes and mostly missed, with only a couple doing a bit of a downpour for 15 minutes.

Mqurice



To: Ramsey Su who wrote (8059)8/7/2006 11:37:45 AM
From: Moominoid  Read Replies (1) | Respond to of 220125
 
Medical, education, and other service costs are lower or free in these European countries. In continental Europe minimum wages are higher but average lower than in the US. Average living space per person is much lower, average car size is much lower. GDP per capita at cost of living adjusted exchange rates is about 80% of the US level.



To: Ramsey Su who wrote (8059)8/7/2006 11:41:09 AM
From: foundation  Read Replies (2) | Respond to of 220125
 
Half of U.S. Still Believes Iraq Had WMD

The Associated Press
Monday, August 7, 2006; 6:24 AM

washingtonpost.com

==========

LOL!



To: Ramsey Su who wrote (8059)8/7/2006 1:43:39 PM
From: Riskmgmt  Read Replies (1) | Respond to of 220125
 
Welcome back Ramsey:

Regardless, I simply cannot see the ability of the Euro to go up much more against the US$. So how is that going to affect the precious metals?

My experience mirrors yours, with the same conclusion. Germany just raised it's VAT(value added tax)to 19%, on top of everything else. The Euro is at it's upper limits versus the dollar.

The same thing goes for the British Pound, a few days in London will convince you of that.

regards

Ray



To: Ramsey Su who wrote (8059)8/18/2006 11:32:15 PM
From: Arran Yuan  Respond to of 220125
 
Ms. Su,

In light of your observation of currencies, my understanding is that all fiat money is going to depreciate against silver, gold and portable water. But I could not guarantee though.