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sjkParticipant
“It STILL only costs around 150-170 bucks to mine the stuff…….its hideously overpriced.
A few pounds of that stuff with a healthy slice of XOM stock and you got the makings of a 44 magnum headache……CD’s…4.85%, sleep like a baby”
With all do respect, you don’t know what you’re talking about!
sjkParticipantThe dollar is toast…..:)There will be deflation, not inflation.
Regards,
sjkParticipantPowaysellar,
M-3 is the following; M2, plus large time deposits, repos of maturity greater than one day at commercial banks, and institutional money market accounts.
M1, is restricted to the most liquid forms of money; it consists of currency in the hands of the public; travelers checks; demand deposits, and other deposits against which checks can be written. M2 includes M1, plus savings accounts, time deposits of under $100,000, and balances in retail money market mutual funds.
In short, the M3 money supply is a broad measure of money and is an estimate of the entire supply of money within an economy. Regards,
sjkParticipantNot qualified to say. But I do trade gold and currencies daily….. I follow gold and the FX markets very closely. I have trades open now, in Asia.
sjkParticipant“Does anyone know why Switzerland stopped its gold link in 2000?”
The Swiss have been a very large seller of gold over the last several years. They wanted more interest on there CB reserves, so they sold gold and bought more euros, dollars, etc.
via bonds.Regards,
sjkParticipantPowaysellar,
Fleck is also a “dead fish”, when it comes to silver. He was wrong big time, from 1995-2000 on stocks as well, and lost big money.
Regards,
sjkParticipantI’ve been reading Fleck since 1996……Charter member to his site,I have similar views to his… I like to know what he’s thinking.
Regards,
sjkParticipantThat’s “when” I win, LOL
sjkParticipantThanks for posting this….I have looked at these contracts in the past but I found the volume to be very thin.
Do you know if they have options on the contracts yet?
Regards,
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