thirty8south Posted February 17, 2009 Share Posted February 17, 2009 Please keep your replies to the subject. Baltic Dry Index? Link to comment Share on other sites More sharing options...
flower Posted February 17, 2009 Share Posted February 17, 2009 The 147 percent jump in ocean-transport prices is evidence that China's $580 billion stimulus plan will lift raw materials, said Ihab Salib, who oversees $3 billion at Federated Investments Inc. in Pittsburgh. That would benefit countries exporting them, so Salib is "actively trading" Norway's krone and """"""Australian and Canadian dollars,"""""""" nicknamed Aussies and loonies. ----------------------------------------------------------------------------------------------------------------------------- Relavence is: Demand for AUD's will soon rise (caused by China---- indicated bythe BDI) consequenced by a weaker AUD gold price resulting in a weaker GOLD.AX----but this is some way ahead----Look forward not backwards??? Link to comment Share on other sites More sharing options...
arty Posted February 17, 2009 Author Share Posted February 17, 2009 repeat: Please keep your replies to the subject. Link to comment Share on other sites More sharing options...
cooma Posted February 18, 2009 Share Posted February 18, 2009 My info has Aussie battler reaching US 50c before any recovery....so go Gold in AUD. Link to comment Share on other sites More sharing options...
arty Posted February 18, 2009 Author Share Posted February 18, 2009 I like that idea, cooma That would bring another target into play: AU$1,750 per oz? Sounds credible, and would definitely help our export industry. We might even be able to afford lower commodity prices in USD terms Link to comment Share on other sites More sharing options...
TheFerret Posted February 18, 2009 Share Posted February 18, 2009 I reckon we will hit over 2k per ounce in the next 24 months no problems, might even go as high as 10K per ounce, but that I do not want to see as that means the world is in a hyperinflationary depression and I don't think anybody wants to see that. Then again, it might initiate some sort of revolution and we end up outsourcing our Govt over to Bangalore. Link to comment Share on other sites More sharing options...
flower Posted February 19, 2009 Share Posted February 19, 2009 A comparison since 24-10-2008 till today: GOLD.AX has risen roughly 43% LGL.AX has risen roughly 130% Link to comment Share on other sites More sharing options...
TheFerret Posted February 19, 2009 Share Posted February 19, 2009 But didn't LGL drop from over $4.30, its high last year to around the $1.50 mark, well over 120%, while AUD Gold droped approx 30%. We have Gold at all time highs and LGL has not recovered to that as yet. Link to comment Share on other sites More sharing options...
flower Posted February 19, 2009 Share Posted February 19, 2009 Ah--the date adjusters. OK--we will settle this. Which is the most profitable "stock" on a daily basis???? I will from today keep a daily record of percentage gains by LGL and GOLD.AX, and publish same in blocks of 1 weeks trading. Link to comment Share on other sites More sharing options...
TheFerret Posted February 19, 2009 Share Posted February 19, 2009 And throw DOM in there also, tracking period is the start of the crises AUG - 2007 till 31st JAN 2011, Agreed? Link to comment Share on other sites More sharing options...
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