Gold

[optimusprime_IHB]

Awgee....I replied yes a few pages ago but in case you overlook...I'm down for the competition as well.

 

[CalGal_IHB]

Awgee....I replied yes a few pages ago but in case you overlook...I'm down for the competition as well.

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.

 

[ukyo116_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

 

[usctrojanman29_IHB]

Gold down another $15+

USD still feeling the jig.

Oil down another $1

Look about below...Gold....see ya in the $600s and Oil see ya in the $80s!

 

[usctrojanman29_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

 

[optimusprime_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

 

[tenmagnet_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

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.

 

[optimusprime_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

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.

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.

 

[tenmagnet_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

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.

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.

Very good point, I hadn’t thought of that.

Let the de-leveraging continue.

 

[usctrojanman29_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

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.

 

[usctrojanman29_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

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.

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.

That saves the TrojanMan $$$ because he drives about 30k miles a year (mainly for work but is reimbursed @.585/mile).

 

[tenmagnet_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

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.

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.

That saves the TrojanMan $$$ because he drives about 30k miles a year (mainly for work but is reimbursed @.585/mile).

Not bad, that seems pretty generous.

What about your condo sale, are you holding the paper?

 

[usctrojanman29_IHB]

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

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

http://money.cnn.com/2008/09/10/news/economy/fed_outlook/index.htm?postversion=2008091014

Though with the major failures coming up, a rate cut is not out of the question.

FED fund rate futures are predicting a 50-50 chance of a .25% cut before the end of the year.

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%.

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.

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.

That saves the TrojanMan $$$ because he drives about 30k miles a year (mainly for work but is reimbursed @.585/mile).

Not bad, that seems pretty generous.

What about your condo sale, are you holding the paper?

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%.

 

[graphrix_IHB]

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?

 

[usctrojanman29_IHB]

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?

Yeah, count me in Mr. graphrix!

 

[CalGal_IHB]

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?

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.

 

[zovall_IHB]

Has anyone here invested in Platinum (outside of owning wedding bands)? The chart looks pretty ugly.

 

[graphrix_IHB]

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?

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.

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.

 

[CalGal_IHB]

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?

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.

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.

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)

 

[CalGal_IHB]

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.