- This topic has 70 replies, 8 voices, and was last updated 16 years, 1 month ago by Arty.
-
AuthorPosts
-
March 16, 2008 at 8:01 PM #171635March 16, 2008 at 8:25 PM #171207EugeneParticipant
Keep a close eye on gold prices tomorrow. Gold loves a financial panic and this one is of epic size.
Actually gold traded flat through the last few financial panics. In a financial panic, margin calls occur, risky assets are unloaded, and gold is a risky asset.
March 16, 2008 at 8:25 PM #171538EugeneParticipantKeep a close eye on gold prices tomorrow. Gold loves a financial panic and this one is of epic size.
Actually gold traded flat through the last few financial panics. In a financial panic, margin calls occur, risky assets are unloaded, and gold is a risky asset.
March 16, 2008 at 8:25 PM #171544EugeneParticipantKeep a close eye on gold prices tomorrow. Gold loves a financial panic and this one is of epic size.
Actually gold traded flat through the last few financial panics. In a financial panic, margin calls occur, risky assets are unloaded, and gold is a risky asset.
March 16, 2008 at 8:25 PM #171566EugeneParticipantKeep a close eye on gold prices tomorrow. Gold loves a financial panic and this one is of epic size.
Actually gold traded flat through the last few financial panics. In a financial panic, margin calls occur, risky assets are unloaded, and gold is a risky asset.
March 16, 2008 at 8:25 PM #171645EugeneParticipantKeep a close eye on gold prices tomorrow. Gold loves a financial panic and this one is of epic size.
Actually gold traded flat through the last few financial panics. In a financial panic, margin calls occur, risky assets are unloaded, and gold is a risky asset.
March 16, 2008 at 8:43 PM #171217tucker…Participanthttp://www.goldseek.com/quotes/charts/
live by the hour
The market is totally panicking," said a trader at a big Japanese bank. "The fact that the Fed had to announce its emergency steps on Sunday night highlighted the seriousness of the situation."
The dollar fell to 95.77 yen on electronic trading platform EBS, down more than 3 percent on the day, before rebounding to 96.20 yen. The U.S. currency was on track to posting its biggest drop of the year against the Japanese unit.
The euro hit a fresh peak of $1.5905 on EBS but then retreated to $1.5866, up 1.2 percent.
The dollar dropped as low as 0.9572 Swiss franc, an all-time low, then rebounded to 0.9715, down 2.7 percent.
Deepening concerns about the U.S. financial system prompted investors to shift their funds to safe-haven gold, boosting spot gold to a record peak over $1,030 per ounce.
TOKYO, March 17 (Reuters) – Japan's government struggled to resolve a deadlock over a new central bank chief on Monday, just two days before the current governor retires, but chances of a breakthrough were unclear even as market turmoil took the dollar to fresh lows and battered Tokyo stocks.
Nikkei 225
514.61 (4.20%)
March 16, 2008 at 8:43 PM #171549tucker…Participanthttp://www.goldseek.com/quotes/charts/
live by the hour
The market is totally panicking," said a trader at a big Japanese bank. "The fact that the Fed had to announce its emergency steps on Sunday night highlighted the seriousness of the situation."
The dollar fell to 95.77 yen on electronic trading platform EBS, down more than 3 percent on the day, before rebounding to 96.20 yen. The U.S. currency was on track to posting its biggest drop of the year against the Japanese unit.
The euro hit a fresh peak of $1.5905 on EBS but then retreated to $1.5866, up 1.2 percent.
The dollar dropped as low as 0.9572 Swiss franc, an all-time low, then rebounded to 0.9715, down 2.7 percent.
Deepening concerns about the U.S. financial system prompted investors to shift their funds to safe-haven gold, boosting spot gold to a record peak over $1,030 per ounce.
TOKYO, March 17 (Reuters) – Japan's government struggled to resolve a deadlock over a new central bank chief on Monday, just two days before the current governor retires, but chances of a breakthrough were unclear even as market turmoil took the dollar to fresh lows and battered Tokyo stocks.
Nikkei 225
514.61 (4.20%)
March 16, 2008 at 8:43 PM #171555tucker…Participanthttp://www.goldseek.com/quotes/charts/
live by the hour
The market is totally panicking," said a trader at a big Japanese bank. "The fact that the Fed had to announce its emergency steps on Sunday night highlighted the seriousness of the situation."
The dollar fell to 95.77 yen on electronic trading platform EBS, down more than 3 percent on the day, before rebounding to 96.20 yen. The U.S. currency was on track to posting its biggest drop of the year against the Japanese unit.
The euro hit a fresh peak of $1.5905 on EBS but then retreated to $1.5866, up 1.2 percent.
The dollar dropped as low as 0.9572 Swiss franc, an all-time low, then rebounded to 0.9715, down 2.7 percent.
Deepening concerns about the U.S. financial system prompted investors to shift their funds to safe-haven gold, boosting spot gold to a record peak over $1,030 per ounce.
TOKYO, March 17 (Reuters) – Japan's government struggled to resolve a deadlock over a new central bank chief on Monday, just two days before the current governor retires, but chances of a breakthrough were unclear even as market turmoil took the dollar to fresh lows and battered Tokyo stocks.
Nikkei 225
514.61 (4.20%)
March 16, 2008 at 8:43 PM #171573tucker…Participanthttp://www.goldseek.com/quotes/charts/
live by the hour
The market is totally panicking," said a trader at a big Japanese bank. "The fact that the Fed had to announce its emergency steps on Sunday night highlighted the seriousness of the situation."
The dollar fell to 95.77 yen on electronic trading platform EBS, down more than 3 percent on the day, before rebounding to 96.20 yen. The U.S. currency was on track to posting its biggest drop of the year against the Japanese unit.
The euro hit a fresh peak of $1.5905 on EBS but then retreated to $1.5866, up 1.2 percent.
The dollar dropped as low as 0.9572 Swiss franc, an all-time low, then rebounded to 0.9715, down 2.7 percent.
Deepening concerns about the U.S. financial system prompted investors to shift their funds to safe-haven gold, boosting spot gold to a record peak over $1,030 per ounce.
TOKYO, March 17 (Reuters) – Japan's government struggled to resolve a deadlock over a new central bank chief on Monday, just two days before the current governor retires, but chances of a breakthrough were unclear even as market turmoil took the dollar to fresh lows and battered Tokyo stocks.
Nikkei 225
514.61 (4.20%)
March 16, 2008 at 8:43 PM #171655tucker…Participanthttp://www.goldseek.com/quotes/charts/
live by the hour
The market is totally panicking," said a trader at a big Japanese bank. "The fact that the Fed had to announce its emergency steps on Sunday night highlighted the seriousness of the situation."
The dollar fell to 95.77 yen on electronic trading platform EBS, down more than 3 percent on the day, before rebounding to 96.20 yen. The U.S. currency was on track to posting its biggest drop of the year against the Japanese unit.
The euro hit a fresh peak of $1.5905 on EBS but then retreated to $1.5866, up 1.2 percent.
The dollar dropped as low as 0.9572 Swiss franc, an all-time low, then rebounded to 0.9715, down 2.7 percent.
Deepening concerns about the U.S. financial system prompted investors to shift their funds to safe-haven gold, boosting spot gold to a record peak over $1,030 per ounce.
TOKYO, March 17 (Reuters) – Japan's government struggled to resolve a deadlock over a new central bank chief on Monday, just two days before the current governor retires, but chances of a breakthrough were unclear even as market turmoil took the dollar to fresh lows and battered Tokyo stocks.
Nikkei 225
514.61 (4.20%)
March 16, 2008 at 8:48 PM #171232Mean ReversionParticipantWhen will the damn Fed learn?
It is not about liquidity as much as it is about solvency.
It is laughable. $2 for Bear Stearns? Why did you loan them $200B to begin with?
March 16, 2008 at 8:48 PM #171564Mean ReversionParticipantWhen will the damn Fed learn?
It is not about liquidity as much as it is about solvency.
It is laughable. $2 for Bear Stearns? Why did you loan them $200B to begin with?
March 16, 2008 at 8:48 PM #171570Mean ReversionParticipantWhen will the damn Fed learn?
It is not about liquidity as much as it is about solvency.
It is laughable. $2 for Bear Stearns? Why did you loan them $200B to begin with?
March 16, 2008 at 8:48 PM #171591Mean ReversionParticipantWhen will the damn Fed learn?
It is not about liquidity as much as it is about solvency.
It is laughable. $2 for Bear Stearns? Why did you loan them $200B to begin with?
-
AuthorPosts
- You must be logged in to reply to this topic.