PeakOil is You
This locks a cut...
First unread post • 4 posts
• Page 1 of 1
This locks a cut...
by roccman » Tue 30 Oct 2007, 17:30:53
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
-
roccman - Light Sweet Crude
- Posts: 4065
- Joined: Fri 27 Apr 2007, 03:00:00
- Location: The Great Sonoran Desert
Re: This locks a cut...
by Daculling » Tue 30 Oct 2007, 20:16:04
ABX is subprime swaps no? It's a bet that bonds will default from what I understand... not the actual value. I say you might be surprised tomorrow. 100+ oil will wipe out the consumer in the US... they know this. 25 at the worse or nothing I say.
- Daculling
- Heavy Crude
- Posts: 1228
- Joined: Tue 12 Apr 2005, 03:00:00
Re: This locks a cut...
by bodigami » Tue 30 Oct 2007, 21:14:00
What is a "cut" in this "context"? What's the context? I guess it's about an economical crash, but in what part of the economy?
- bodigami
- Permanently Banned
- Posts: 1921
- Joined: Wed 26 Jul 2006, 03:00:00
Re: This locks a cut...
by roccman » Tue 30 Oct 2007, 21:37:52
$this->bbcode_second_pass_quote('zensui', 'W')hat is a "cut" in this "context"? What's the context? I guess it's about an economical crash, but in what part of the economy?
The interest rate the fed lends money to banks is determined tomorrow...
if that rate is cut - the dollar tanks, gold soars, but the market rallys
if that rate is raised - the dollar gets stronger, oil slows, and gold slows, but the market tanks.
standing pat will IMO have the sam effect as raising
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
-
roccman - Light Sweet Crude
- Posts: 4065
- Joined: Fri 27 Apr 2007, 03:00:00
- Location: The Great Sonoran Desert
4 posts
• Page 1 of 1
Return to Open Topic Discussion
Who is online
Users browsing this forum: No registered users and 1 guest