#5526781 - 03/15/12 03:48 PM
Re: Gold Price Hits $500/oz.
[Re: Hamlet]
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FFB
At long last I feel regular.
TOTAL NEWBIE
Registered: 02/03/04
Posts: 20622
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Where are you getting the information that Windows 8 is not backward compatible? Windows 8 is not backward compatible with old Windows software, so people are not going to have the sunk cost of old Windows software tying them to their Windows 8 PCs. (Plus, there is the fact that Mac's OS runs Windows programs.)
Sorry, I should have been clearer. Windows 8 on ARM architecture (I.e., anything not running on Intel hardware, like virtually all tablets and cell phones and a growing number of PCs where power consumption is an issue) is not backward compatible with legacy Windows software. You'll be able to run Windows legacy programs on your PC if it has Intel architecture, but not on your Windows tablet or phone.
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#5527842 - 03/15/12 10:52 PM
Re: Gold Price Hits $500/oz.
[Re: delekkerste]
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ninanina
FACT if I stop posting, trillions and trillions of transistors would be out of work.
Registered: 10/17/02
Posts: 4285
Loc: Winnipeg, Canada
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In 2008 we were headed towards a market meltdown because of the housing bubble...In 2009 the damage was done and it was time to get back in.
I just don't' see anything on the horizon at this time that is going to de-rail this market big time...anyway. The tiny "blip" in the transports has already turned and is going up with the market.
Bottom line....I'm still waiting to hear that word "bubble"as that what's gave us a crash the last 2 times...tec and housing.
The market will crash again....eventually...and probably after everyone gets back in. Right now, there's just not enough people invested...they are still sitting on the side-lines as the cycle has not as yet run it's course. At this point, we're in the middle of it...too early for a tumble. 
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#5528094 - 03/16/12 12:32 AM
Re: Gold Price Hits $500/oz.
[Re: FFB]
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thirdgreenham
Eleventy millionth person to declare their first year on the boards as the golden age, and the current era to be worthless.
TOTAL NEWBIE
Registered: 02/16/06
Posts: 17484
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My wife's brother was roommates at Harvard with Richard Fisher's son, Anders. Fisher reminds me of the Volcker model of central bankers. When the she-ite hits the fan, I would not be surprised to see Fisher as our next chairman of the Fed. Not if Obama is still President. If things get so bad under Ben's watch, I wouldn't be so sure about that. Who else would he name? It isn't like there is someone from Ben's school of thought who is better and more qualified than he. If Ben doesn't get another term, I think a fiscal hawk like Fisher could be just the guy who looks most attractive for the role.
I think we'll see the departure of Ben Bernanke after he devalues the USD by 40%.
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what goes around comes around...oh yeah, and respect your parents forestcitycoins is my eBay store, click if you like.  
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#5528233 - 03/16/12 01:36 AM
Re: Gold Price Hits $500/oz.
[Re: thirdgreenham]
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tth2
"I blame it on the low quality of the newbies that are joining the boards."
--And with one swoop tth2 become the community crotchety old man. Damn kids today.
TOTAL NEWBIE
Registered: 12/04/03
Posts: 33314
Loc: Hong Kong
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My wife's brother was roommates at Harvard with Richard Fisher's son, Anders. Fisher reminds me of the Volcker model of central bankers. When the she-ite hits the fan, I would not be surprised to see Fisher as our next chairman of the Fed. Not if Obama is still President. If things get so bad under Ben's watch, I wouldn't be so sure about that. Who else would he name? It isn't like there is someone from Ben's school of thought who is better and more qualified than he. If Ben doesn't get another term, I think a fiscal hawk like Fisher could be just the guy who looks most attractive for the role. I think we'll see the departure of Ben Bernanke after he devalues the USD by 40%.
USD has been appreciating, and gold and silver have been plummeting. So by those measures, we're going to have Big B to kick around for a few more years.
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#5542114 - 03/21/12 01:14 PM
Re: Gold Price Hits $500/oz.
[Re: tth2]
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Transplant
WARNING!!! This member is passive aggressive. Please beware of sharp fingernails.
TOTAL NEWBIE
Registered: 08/16/07
Posts: 14602
Loc: Ellen James Society
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Interesting opinion piece that Commodity Index Funds are what need to be prohibited to decrease impact of speculators on the commodities market.
http://money.cnn.com/2012/03/21/markets/oil-gas-prices-speculators/index.htm?iid=HP_River
Anyone agree with the 70% commercial trader to 30% speculator ratio mentioned? He says market is now 30/70.
_________________________
 "The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." Charles Bukowski GACollectibles: It seems very....passive aggressive. DrWatson: I have known him several years and I can say with some absurdness that there isn't anything passive about him. Passive Aggressive spite posting like a B0$$, since 2007.
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#5542122 - 03/21/12 01:16 PM
Re: Gold Price Hits $500/oz.
[Re: Transplant]
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Transplant
WARNING!!! This member is passive aggressive. Please beware of sharp fingernails.
TOTAL NEWBIE
Registered: 08/16/07
Posts: 14602
Loc: Ellen James Society
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From another article,
"Now, blaming speculators for high prices is nothing new. What is new is that one of the largest speculators in the oil markets, none other than Goldman Sachs (GS), admitting that heavy speculation does have an impact on oil prices. How much? Well, Goldman's oil analyst wrote in a note last month that every million barrel equivalent of oil futures that was net long the market adds 10 cents to the price of oil. The market is currently net long US benchmark crude, or WTI, by 258,406 contracts which is equivalent to 258 million barrels of oil. At 10 cents per every million barrels, that would mean speculation is currently adding $25.80 to every barrel of oil -- without the excess speculation, oil would trade at around $81.52."
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"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." Charles Bukowski GACollectibles: It seems very....passive aggressive. DrWatson: I have known him several years and I can say with some absurdness that there isn't anything passive about him. Passive Aggressive spite posting like a B0$$, since 2007.
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#5542238 - 03/21/12 01:52 PM
Re: Gold Price Hits $500/oz.
[Re: Transplant]
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The_Black_Hand
The Common Man
meets
Regular People
TOTAL NEWBIE
Registered: 10/31/03
Posts: 26643
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How dare anyone be critical of speculators and all the other engines that drive capitalism.  Without them, a whole industry of double talking apologists would need to find real work. 
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**Disclaimer** Remember, I'm a chat board performing artist- so take everything I say with a grain of salt. I never claimed to be any good at it, but there you have it. "If it's not disclosed...you're being hosed." Who coined that phrase? Me, damnit! And it's still true. "Into my heart an air that kills,From yon far country blows What are those blue remembered hills,What spires, what farms are those? That is the land of lost content,I see it shining plain, The happy highways where I went and cannot come again." Nothing I say is intended to be a factual statement. 
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