Some graphs for those who like graphs & numbers

Discussion in 'Currencies' started by spannermonkey, Jul 19, 2011.

  1. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I was watching the news on ABC & they showed a couple of charts that explained things basically
    Cause I'm such a simpleton I liked them,don't analyse it to much
    Just take the info in
    [​IMG]
    [​IMG]
     
    spannermonkey, Jul 19, 2011
    #1
  2. errol43

    errol43 New Member Silver Stacker

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    Thanks for the post steampunk.. Alan Kohler also mentioned that investors were unsure where to put their money.. All currencies were out so they were looking for somewhere safe and you guessed it...GOLD>>>GOLD..GOOOOOLD...Well I'll be damned, I didn't think I would live to see the day when he said that.


    Let the bull run begin?

    Regards Errol 43
     
    errol43, Jul 19, 2011
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  3. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    So ... On either measure, Spain is less risky than the US....

    I think their ACTUAL unemployment figures are probably about the same too...
     
    Captain Kookaburra, Jul 19, 2011
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  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    I can't imagine Japan being such a high risk...what with their social structure and strong work ethic, all the best stuff comes from Japan.

    Mind you they have gone through a few Finance Ministers of late :( ( makes drinky-drinky motion followed by throat slitting gesture :/ )
     
    Clawhammer, Jul 19, 2011
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  5. jnkmbx

    jnkmbx Well-Known Member

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    I watched it on iView.

    I notice that Kohler always pops up and shows PM charts when the prices are going to DA moon.
    I'm still waiting for him to take back the "casino" comment he made about silver though :p
     
    jnkmbx, Jul 19, 2011
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  6. Mr Medved

    Mr Medved Member

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    Keep in mind one of the big factors in deflating the last gold boom was Volcker raising Fed fund rates to 20%; 21.5% for the prime rate (source wikipedia). No government in the world today can get anywhere near that level to kill the price of gold. Gold tends to act like a sovereign bond, the major differences being no income and no counter-party risk.

    Also, 30 years ago those living in the Soviet Union, China and other parts of the world were forbidden from owning/buying gold... not so today.
     
    Mr Medved, Jul 20, 2011
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