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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (5280)	5/15/2007 8:05:28 PM
From: the navigator	Respond to of 50685

Eggscellent! Thanks for the head's up. I've been watching for a buy point for a couple of weeks now. People don't value what they don't have to pay for. Who needs free-loaders? If someone (any of the banned) want to spout, let'm ante up.

To: maceng2 who wrote (5280)	5/15/2007 8:31:33 PM
From: Eddy Blinker	Respond to of 50685

TOO LATE Brown also said inflation targeting should remain the cornerstone of Britain's monetary policy framework. On education, he said: "My proposal is a new nationwide programme, that I call 'every child counts', that will make a huge commitment to offer intensive one-to-one tuition to those young children who struggle with numeracy.

To: maceng2 who wrote (5280)	5/18/2007 3:07:25 AM
From: maceng2	Read Replies (1) \| Respond to of 50685

A brief mention on IMF gold sales. Metals - Gold falls as better than forecast US jobless data boosts dollar forbes.com LONDON (Thomson Financial) - Gold turned lower as the dollar rose sharply against the euro and sterling after much better-than-forecast weekly US jobless claims data. The number of people filing new claims for unemployment insurance fell by 5,000 to 293,000 in the week ended May 12, the Labour Department said. Analysts were expecting a pick-up in claims to 323,000. Gold typically moves in an inverse relationship to the dollar as it is seen as an alternative investment to the US currency. At 2.24 pm, spot gold was down at 658.00 usd per ounce against 660.70 usd in late New York trades yesterday. Kitco analyst John Nadler said the outlook for gold has turned shaky in recent weeks. 'This market will now stay volatile and try for both directions at once. The 650 usd area remains as good a target as the 670 usd one. But the weights appear to be piling up on the sell side for the moment,' he said. Gold lost 10 usd yesterday after stronger-than-expected US industrial production and reasonably firm housing starts data gave the dollar a strong boost. Also weighing on the metal yesterday were press reports of the imminent sale of up to 400 tonnes of the IMF's gold reserves, and falls in oil prices following a stronger-than-forecast rise in gasoline stocks. Lower oil prices typically pressure gold as they reduce its appeal as a hedge against oil-induced inflation. Scotia Mocatta analyst Robert Lockwood said gold 'appears to be headed lower in the near future with the stronger US dollar, higher oil inventories and the easing of political tensions in oil producing Nigeria'. In other precious metals, silver fell to 12.71 usd against 12.87 usd, platinum was down at 1,297 usd against 1,318 usd, while palladium edged down to 353 usd against 357 usd.