Gold

NEW -> Contingent Buyer Assistance Program
[quote author="optimusprime" date=1221181025]Awgee....I replied yes a few pages ago but in case you overlook...I'm down for the competition as well.</blockquote>
Graphrix is the main contact for The Panda Challenge.

You may want to send him a PM to get signed up.

He'll send you the details.
 
[quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.
 
[quote author="optimusprime" date=1221170502]Gold down another $15+



USD still feeling the jig.



Oil down another $1</blockquote>
Look about below...Gold....see ya in the $600s and Oil see ya in the $80s!
 
[quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.
 
[quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.
 
[quote author="optimusprime" date=1221186186][quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.</blockquote>




I agree with that.

By keeping rates low, they?re hoping to stabilize the market.

Even with $$$ down, it?s becoming more and more difficult to obtain financing.
 
[quote author="tenmagnet" date=1221186947][quote author="optimusprime" date=1221186186][quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.</blockquote>




I agree with that.

By keeping rates low, they?re hoping to stabilize the market.

Even with $$$ down, it?s becoming more and more difficult to obtain financing.</blockquote>


Also factor in Oil prices coming in from $140+ to $100 is as good as a 25-50 basis point cut in the Feds mind.
 
[quote author="optimusprime" date=1221187031][quote author="tenmagnet" date=1221186947][quote author="optimusprime" date=1221186186][quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.</blockquote>




I agree with that.

By keeping rates low, they?re hoping to stabilize the market.

Even with $$$ down, it?s becoming more and more difficult to obtain financing.</blockquote>


Also factor in Oil prices coming in from $140+ to $100 is as good as a 25-50 basis point cut in the Feds mind.</blockquote>


Very good point, I hadn?t thought of that.

Let the de-leveraging continue.
 
[quote author="optimusprime" date=1221186186][quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.</blockquote>
It's already down to 30%, huh? This morning at 5:30am after they released the unemployment claims data some guy on CNBC was stating that Fed Funds Rate futures were pricing in about a 50-50 chance of a rate cut before year-end. I guess since the stock market has moved up and teasuries have slipped that percentage as decreased.
 
[quote author="optimusprime" date=1221187031][quote author="tenmagnet" date=1221186947][quote author="optimusprime" date=1221186186][quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.</blockquote>






I agree with that.

By keeping rates low, they?re hoping to stabilize the market.

Even with $$$ down, it?s becoming more and more difficult to obtain financing.</blockquote>


Also factor in Oil prices coming in from $140+ to $100 is as good as a 25-50 basis point cut in the Feds mind.</blockquote>
That saves the TrojanMan $$$ because he drives about 30k miles a year (mainly for work but is reimbursed @.585/mile).
 
[quote author="usctrojanman29" date=1221188516][quote author="optimusprime" date=1221187031][quote author="tenmagnet" date=1221186947][quote author="optimusprime" date=1221186186][quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.</blockquote>






I agree with that.

By keeping rates low, they?re hoping to stabilize the market.

Even with $$$ down, it?s becoming more and more difficult to obtain financing.</blockquote>


Also factor in Oil prices coming in from $140+ to $100 is as good as a 25-50 basis point cut in the Feds mind.</blockquote>
That saves the TrojanMan $$$ because he drives about 30k miles a year (mainly for work but is reimbursed @.585/mile).</blockquote>


Not bad, that seems pretty generous.

What about your condo sale, are you holding the paper?
 
[quote author="tenmagnet" date=1221189273][quote author="usctrojanman29" date=1221188516][quote author="optimusprime" date=1221187031][quote author="tenmagnet" date=1221186947][quote author="optimusprime" date=1221186186][quote author="usctrojanman29" date=1221184987][quote author="ukyo116" date=1221182903][quote author="PANDA" date=1221181118]

Is there a good chance that the FEDs will cut rates on the 15th since the dollar is strong?</blockquote>


Not being expected, and I don't think the Fed has the room to quite yet.



<a href="http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014">http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014</a>



Though with the major failures coming up, a rate cut is not out of the question.</blockquote>
FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.</blockquote>


Actually ..it is more 30% chance for a cut by year end 08'.



Fed Funds could very well stay at 2% until middle of next year when there is a higher likely hood of a rate hike to 2.25%.</blockquote>






I agree with that.

By keeping rates low, they?re hoping to stabilize the market.

Even with $$$ down, it?s becoming more and more difficult to obtain financing.</blockquote>


Also factor in Oil prices coming in from $140+ to $100 is as good as a 25-50 basis point cut in the Feds mind.</blockquote>
That saves the TrojanMan $$$ because he drives about 30k miles a year (mainly for work but is reimbursed @.585/mile).</blockquote>


Not bad, that seems pretty generous.

What about your condo sale, are you holding the paper?</blockquote>
Nope, I'll walk away with all of my equity and amount that I spent on raw material for the upgrades (my dad and I did all the work) plus some extra money for a few lunches and dinners. haha The Buyer is pre-approved with Bank of America for a 30-year fixed loan. I also had a roommate for about 3 years that paid $900/month to rent one of the rooms so I made an extra $30k off that along with my mortgage being a 5-year ARM @ 4.875%.
 
Alright, I PM'd or responded to PMs for OP, skekmeister, CalGal, and Tenmagnet. Now... where is our heavy weight challenger Panda? This is going to be very interesting. Anyone else want to join?
 
[quote author="graphrix" date=1221197517]Alright, I PM'd or responded to PMs for OP, skekmeister, CalGal, and Tenmagnet. Now... where is our heavy weight challenger Panda? This is going to be very interesting. Anyone else want to join?</blockquote>
Yeah, count me in Mr. graphrix!
 
[quote author="graphrix" date=1221197517]Alright, I PM'd or responded to PMs for OP, skekmeister, CalGal, and Tenmagnet. Now... where is our heavy weight challenger Panda? This is going to be very interesting. Anyone else want to join?</blockquote>
I'm all signed up.

Graph, should we start a "Panda Challenge" or "Investopedia" thread so we don't derail this thread.

I didn't want to start anything in case you had something else in mind.

This will be fun.
 
[quote author="CalGal" date=1221202531][quote author="graphrix" date=1221197517]Alright, I PM'd or responded to PMs for OP, skekmeister, CalGal, and Tenmagnet. Now... where is our heavy weight challenger Panda? This is going to be very interesting. Anyone else want to join?</blockquote>
I'm all signed up.

Graph, should we start a "Panda Challenge" or "Investopedia" thread so we don't derail this thread.

I didn't want to start anything in case you had something else in mind.

This will be fun.</blockquote>


That is a good idea. If you don't mind, go ahead and start the threat in OT. I am walking out the door for a weekend trip, and I will be checking in when I can.
 
[quote author="graphrix" date=1221204422][quote author="CalGal" date=1221202531][quote author="graphrix" date=1221197517]Alright, I PM'd or responded to PMs for OP, skekmeister, CalGal, and Tenmagnet. Now... where is our heavy weight challenger Panda? This is going to be very interesting. Anyone else want to join?</blockquote>
I'm all signed up.

Graph, should we start a "Panda Challenge" or "Investopedia" thread so we don't derail this thread.

I didn't want to start anything in case you had something else in mind.

This will be fun.</blockquote>


That is a good idea. If you don't mind, go ahead and start the threat in OT. I am walking out the door for a weekend trip, and I will be checking in when I can.</blockquote>
Panda beat me to it.

Have a great vacation.

No need for you to check in. We promise to behave.

(Although we have no control over Ipo and IR2)
 
Back to the thread . . .



What time does US Gold stop trading for the day? I know it trades after the NYSE closes, but I can't figure out when the gains or losses for the day zero out. I tried to Google it, but no luck.
 
Back
Top