gold642: ok read artciles or be in the gold and silver trading business for over 20 years
MichelleL: 214 MARKETS COMMODITIES Gold Continues Sliding, Hits 5-Year Low Analysts suggest forced selling may have triggered Monday’s early plunge By MATTHEW COWLEY and BIMAN MUKHERJI
Updated July 20, 2015 9:49 a.m. ET 42 COMMENTS LONDON—Gold prices fell to five-year lows on Monday, weighed down by dollar’s relentless gains as the prospect of the first U.S. interest rate increase in more than nine years loomed.
Federal Reserve Janet Yellen last week appeared to give her strongest signal yet that rates in the U.S. would start to rise, possibly later this year.
That triggered a renewed bout of selling in commodities markets around the world, with precious metals, including gold, hit hard. Most commodities are priced in dollars, making them more expensive for overseas buyers when the greenback gains in value.
Over the last 12 months, The Wall Street Journal’s U.S. Dollar Index has risen 22%. The move toward a more normal environment for interest rates would bring an end to the extraordinary period of low rates, or outright printing of money through quantitative easing programs.
The trillions of dollars that were pumped into global financial markets led to multiyear rallies in many assets, including gold. In early 2011, gold prices rose above $1,900 an ounce.
gold642: Gold prices fell to five-year lows on Monday---THATS NOT LOW FOR 5 YEARS
gold642: GOLD, STOCKS, OIL ALL HAVE LOWS
gold642: and all over periods of time
MichelleL: whatever, sorry I mentioned it - I'm just repeating what i've read
gold642: wanna learn right go look at a 20 or 30 year gold chart
Tootsie: U.N. Moves to Lift Sanctions on Iran After Nuclear Deal By SOMINI SENGUPTAJULY 20, 2015 UNITED NATIONS — The United Nations Security Council on Monday unanimously approved a resolution that creates the basis for international economic sanctions against Iran to be lifted, a move that incited a furious reaction in Israel and potentially sets up an angry showdown in Congress.
The 15-0 vote for approval of the resolution — 104 pages long including annexes and lists — was written in Vienna by diplomats who negotiated a landmark pact last week that limits Iran’s nuclear capabilities in exchange for ending the sanctions.
Iran has pledged to let in international monitors to inspect its facilities for the next 10 years and other measures that were devised to guarantee that its nuclear energy activities are purely peaceful.
The Security Council resolution, which is legally binding, lays out the steps required only for the lifting of United Nations sanctions. It has no legal consequence on the sanctions imposed separately by the United States and the European Union.
The European Union also approved the Iran nuclear deal on Monday, putting in motion the lifting of its own sanctions, which include prohibitions on the purchase of Iranian oil. Europe will continue to prohibit the export of ballistic missile technology and sanctions related to human rights.
Diplomats have warned that if the United States Congress refuses to lift American penalties against Iran, the Iranians may renege on their commitments as well, which could result in a collapse of the entire deal.
The resolution takes effect in 90 days, a time frame negotiated in Vienna to allow Congress, where members have expressed strong distrust of the agreement, to review it.
President Obama, who has staked much of his foreign policy ambitions on the Iran pact, has vowed to veto a congressional rejection of the nuclear accord. CONTINUES HERE wealthwatch.world/showthr...
Tootsie: couple/three or so other articles in forum
chattels: ‹@MichelleL› we are all guessing - no apology necessary
MichelleL: ‹@gold642› no, its not my business, and I will just leave it to you
Tootsie: later ~~
MichelleL: ty chattels
gold642: wsj is NOT gonna write good about currency, gold, silver, oil, its a STOCK PAPER for stock traders
gold642: ‹@chattels› there isnt a guess in a 20,30 year chart of the history, its a FACT
Stash: Lol hi Michelle
Stash: Some people just need to be nice
MichelleL: hi Stash :) how are things where you are? Its already 92 on the island
gold642: people bite into whatever these articles state, is gonna or has happened
chattels: ‹@gold642› facts can make one a lonely person
gold642: ‹@chattels› and also another in a tunnel
Donnie: 20 year gold chart
chattels: ‹@gold642› ?
Stash: Hot here too Michelle
Tootsie: ‹@MichelleL› gm, well, I would not believe anything 'predicting' change in dinar value = particulary from years back ~ I don't believe any of what is stated as "signs, clues, hints, views, prognostications " and so on with respect to when/if/or valuation and all the blah blah, I only will believe when see change on CBI and it is international. :silly:
Donnie: what goes up will come down - eventually
gold642: ‹@Donnie› yup and where is the 5 year low chart constantly dropping, its not there
gold642: ‹@Donnie› gold has never and will never ever drop to its orginal,
MichelleL: Tootsie its a joke, we've heard it all over the years - Donnie that chart looks like its dropped to 2009 -2010
gold642: correct but not 5 years
Donnie: it's at a five year low today
Tootsie: ‹@MichelleL› you are right there! hey, was 100 up far NW Houston yesterday! 85 when I rose this morning (9ish) ich!
gold642: ‹@Donnie› no, its not and wont be, by the end of the day
Tootsie: have to depart this fun scene ~~ have a good time all -
MichelleL: yuk Tootsie, we're in for a long hot remainder of the summer
MichelleL: lol bye Tootsie - me too I think
gold642: $1,113.30 gold now
Donnie: ‹@gold642› DUH - I can read the red line on the chart.... as of NOW. Not talking about 2 hrs from now when the futures market closes
chattels: there are many things which are noteworthy / remarkable that are not consequential or relevant to our event. no one really knows what the conditions precedent and attendant there are such. to be dismissive or critical is not necessary.
gold642: ‹@Donnie› duh is correct its all a game when gold drops to drive stocks and wsj and stock news on for over 75 years
gold642: stupid was professional
Donnie: Prime Minister Dr. Haider Abadi directed the Interior Ministry to ensure respect for and protection of personal freedoms of citizens when enforcing the law, and ordered an investigation of accounting squatters on hotels and property of citizens.
Donnie: www.facebook.com/pages/Ha... https://www.facebook.com/pages/Haider-Al-Abadi/204803838632?fref=photo
Donnie: At a time when the victories achieved, the enemy cowardly beating unarmed civilians, including the bombing of Khan Bani Saad, which killed dozens of civilians, and the efforts of intelligence and we were able to arrest some of them will not get away with these terrorists from punishment.
[02:07:35 PM] Donnie: ..
Donnie: 07/20/2015 07:23 GMT "Women Alaesideat" make up "16" battalions to face Daash
Donnie: Follow-up - and babysit - loaded hundreds of Iraqi Alaesideat, weapons, and newly volunteered to avenge the organization Daash who made them and their peers of the component, as slaves and concubines sexual enslavement and sale in the slave markets.
And lined Alaesideat female cohort of 16 battalions of volunteers Yazidis, within the formations and the Ministry of the Kurdish Peshmerga Kurdistan region of Iraq.
He revealed director hand my years of Sinjar, west of Mosul, northern Iraq, Nayef Seydou, told Sputnik Russian, on Sunday, that he was forming a regiment of women component Yezidi, comprises about 300 women, waiting for reinforcement and edit Yazidi areas from the control of the organization Daash.
Doug_W: give em ** Ladies
Donnie: read the rest here: alrayy.com/147416.htm
Donnie: Peaceful attempts for the Kurds to secede from Iraq By Roudao 12 hours ago
Donnie: Roudao - Washington Foreign relations official in the Kurdistan Democratic Party said, dominated Hawrami, of Washington, said that the work on the independence of Kurdistan continuous, although Arbil looking for a "friendly separation" with Baghdad, saying that the secession of Kurdistan contribute to bring more stability to the region.
During his participation in a seminar organized by the Middle East Institute in Washington, Hawrami said that "this process, on the way to check, must occur, will be organizing the referendum soon, and I mean in less than two years, and the referendum would be for all the people of Kurdistan," persisting "to say it publicly; now divided Iraq. "
Hawrami explained that "the Kurds are negotiating with Baghdad to secede peacefully, system of governance in the Middle East has failed, and it must be basically a new system based on ethnic and social, to be the nucleus of a new map for the Middle East."
He added that "the first capital of a dialogue with them is Baghdad. Baghdad is important to us, we want to do it Bslmah, we want to impart greater stability to the region", believing that "it's time the world knows the fact that it should be reconsidered in the failed Iraq regime."
Regarding the participation of the Kurds in the current Iraqi government, Hawrami said that "there is representation but there is no partnership, and the best example of this; the Shiites control over the Ministry of Defense", Msttrda "Unfortunately not implemented the Government of Haider al-Abadi promises that have pledged us their implementation, also did not fulfill its promises by granted for the year. "
Donnie: read the rest here: rudaw.net/arabic/kurdista...
MichelleL: thanks Donnie
Donnie: Chattels: Unless and until there is greater control of the Syrian border, I doubt that the tariffs can / will be implemented. We shall see. Could such control be accomplished by the 1st? Possible, but unlikely, IMO.
Donnie: Chattels made recaps again :)
MichelleL: rofl why not
Donnie: :w00t: "within a few years we will see a 1 to $1 rate" :blush:
MichelleL: he's consistent Donnie, he's been all over the lot for a decade lol lol
Donnie: all these Gurus are funny to read. No one is right but they do entertain me.
nobody: I think it is hard for anyone to predict when the Iraqi's themselves have no idea.
MichelleL: they are funny - especially when they are all "the only real game in town" and each try to outdo or downgrade one another
Donnie: ‹@MichelleL› yup.
MichelleL: nobody, you're right, I was told by an iraqi some 3-4-5 years ago maybe in a decade it would be ten cents lol
MichelleL: first he told me how his country was the most beautiful in the world, then told me how he never wanted to go back, then told me they were the richest in the world, then told me the dinar should be worth a dime in a decade lol
nobody: That sounds about right
MichelleL: lol and that was from a horse's mouth?
nobody: It's all a crap shoot
MichelleL: speaking of crap shoot, I better run out and get my irish sweepstakes ticket, or at least go into the kitchen and make some lunch ;)
Donnie: just don't spend more money on Dinar then you can lose cause there is NO GUARANTEE it will be worth much more then you paid for it.
MichelleL: Donnie, right now it would be a pleasure if they were actually worth what i paid for them
Donnie: ‹@MichelleL› lol u paid too much.
MichelleL: of course i did Donnie, never buy wholesale when you can buy retail ROFLMAO!
MichelleL: does anyone else here have a galaxy s4 and do you have a problem with the thing rebooting all the time? or is it just a verizon problem??
Donnie: ebay auctions rule LOL lol
MichelleL: ‹@Donnie› there ya go, never got a single d from ebay
MichelleL: lots of other junk though lol