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FWIW

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Everything posted by FWIW

  1. FWIW

    GOLD

    I have sent you a PM Sir FitKid!
  2. FWIW

    GOLD

    Patience is a virtue! A couple more days and things may be clearer!
  3. FWIW

    UK House prices: News & Views

    The banks know what's coming...Easy equity come, easy equity go... http://www.dailymail.co.uk/news/article-12...-borrowing.html Quote Taxpayer-owned Royal Bank of Scotland has launched a Christmas crackdown on borrowing, snatching back tens of thousands of pounds from homeowners. Thousands of customers have received letters slashing the amount they are allowed to borrow on generous 'flexible' mortgages. Some borrowers say they will be forced to rein in Christmas spending, cancel holidays and put off home improvements because of the miserly step. It could also hit many small business owners who were planning to use their spare borrowing to pay tax bills in the new year. Those affected all took out a flexible mortgage called Foundations. These were special deals available to loyal customers who held a current account. The mortgage works a bit like an overdraft. Customers were given a borrowing limit based on the value of their home, but they need not take all the money offered. They only pay interest on the money actually borrowed.
  4. Anyone that believes gold is not a currency has obviously never seen the ISO classifications for currencies: http://www.iso.org/iso/support/currency_codes_list-1.htm ISO 4217 currency names and code elements Entity Currency Alphabetic code Numeric code AFGHANISTAN Afghani AFN 971 ÅLAND ISLANDS Euro EUR 978 ALBANIA Lek ALL 008 ALGERIA Algerian Dinar DZD 012 AMERICAN SAMOA US Dollar USD 840 ANDORRA Euro EUR 978 ANGOLA Kwanza AOA 973 ANGUILLA East Caribbean Dollar XCD 951 ANTARCTICA No universal currency ANTIGUA AND BARBUDA East Caribbean Dollar XCD 951 ARGENTINA Argentine Peso ARS 032 ARMENIA Armenian Dram AMD 051 ARUBA Aruban Guilder AWG 533 AUSTRALIA Australian Dollar AUD 036 AUSTRIA Euro EUR 978 AZERBAIJAN Azerbaijanian Manat AZN 944 BAHAMAS Bahamian Dollar BSD 044 BAHRAIN Bahraini Dinar BHD 048 BANGLADESH Taka BDT 050 BARBADOS Barbados Dollar BBD 052 BELARUS Belarussian Ruble BYR 974 BELGIUM Euro EUR 978 BELIZE Belize Dollar BZD 084 BENIN CFA Franc BCEAO † XOF 952 BERMUDA Bermudian Dollar (customarily known as Bermuda Dollar) BMD 060 BHUTAN Indian Rupee Ngultrum INR BTN 356 064 BOLIVIA Boliviano Mvdol BOB BOV 068 984 BOSNIA AND HERZEGOVINA Convertible Marks BAM 977 BOTSWANA Pula BWP 072 BOUVET ISLAND Norwegian Krone NOK 578 BRAZIL Brazilian Real BRL 986 BRITISH INDIAN OCEAN TERRITORY US Dollar USD 840 BRUNEI DARUSSALAM Brunei Dollar BND 096 BULGARIA Bulgarian Lev BGN 975 BURKINA FASO CFA Franc BCEAO † XOF 952 BURUNDI Burundi Franc BIF 108 CAMBODIA Riel KHR 116 CAMEROON CFA Franc BEAC ‡ XAF 950 CANADA Canadian Dollar CAD 124 CAPE VERDE Cape Verde Escudo CVE 132 CAYMAN ISLANDS Cayman Islands Dollar KYD 136 CENTRAL AFRICAN REPUBLIC CFA Franc BEAC ‡ XAF 950 CHAD CFA Franc BEAC ‡ XAF 950 CHILE Chilean Peso Unidades de fomento CLP CLF 152 990 CHINA Yuan Renminbi CNY 156 CHRISTMAS ISLAND Australian Dollar AUD 036 COCOS (KEELING) ISLANDS Australian Dollar AUD 036 COLOMBIA Colombian Peso Unidad de Valor Real COP COU 170 970 COMOROS Comoro Franc KMF 174 CONGO CFA Franc BEAC ‡ XAF 950 CONGO, THE DEMOCRATIC REPUBLIC OF Congolese Franc CDF 976 COOK ISLANDS New Zealand Dollar NZD 554 COSTA RICA Costa Rican Colon CRC 188 CÔTE D'IVOIRE CFA Franc BCEAO † XOF 952 CROATIA Croatian Kuna HRK 191 CUBA Cuban Peso Peso Convertible CUP CUC 192 931 CYPRUS Euro EUR 978 CZECH REPUBLIC Czech Koruna CZK 203 DENMARK Danish Krone DKK 208 DJIBOUTI Djibouti Franc DJF 262 DOMINICA East Caribbean Dollar XCD 951 DOMINICAN REPUBLIC Dominican Peso DOP 214 ECUADOR US Dollar USD 840 EGYPT Egyptian Pound EGP 818 EL SALVADOR El Salvador Colon US Dollar SVC USD 222 840 EQUATORIAL GUINEA CFA Franc BEAC ‡ XAF 950 ERITREA Nakfa ERN 232 ESTONIA Kroon EEK 233 ETHIOPIA Ethiopian Birr ETB 230 FALKLAND ISLANDS (MALVINAS) Falkland Islands Pound FKP 238 FAROE ISLANDS Danish Krone DKK 208 FIJI Fiji Dollar FJD 242 FINLAND Euro EUR 978 FRANCE Euro EUR 978 FRENCH GUIANA Euro EUR 978 FRENCH POLYNESIA CFP Franc XPF 953 FRENCH SOUTHERN TERRITORIES Euro EUR 978 GABON CFA Franc BEAC ‡ XAF 950 GAMBIA Dalasi GMD 270 GEORGIA Lari GEL 981 GERMANY Euro EUR 978 GHANA Cedi GHS 936 GIBRALTAR Gibraltar Pound GIP 292 GREECE Euro EUR 978 GREENLAND Danish Krone DKK 208 GRENADA East Caribbean Dollar XCD 951 GUADELOUPE Euro EUR 978 GUAM US Dollar USD 840 GUATEMALA Quetzal GTQ 320 GUERNSEY Pound Sterling GBP 826 GUINEA Guinea Franc GNF 324 GUINEA-BISSAU Guinea-Bissau Peso CFA Franc BCEAO † GWP XOF 624 952 GUYANA Guyana Dollar GYD 328 HAITI Gourde US Dollar HTG USD 332 840 HEARD ISLAND AND MCDONALD ISLANDS Australian Dollar AUD 036 HOLY SEE (VATICAN CITY STATE) Euro EUR 978 HONDURAS Lempira HNL 340 HONG KONG Hong Kong Dollar HKD 344 HUNGARY Forint HUF 348 ICELAND Iceland Krona ISK 352 INDIA Indian Rupee INR 356 INDONESIA Rupiah IDR 360 IRAN, ISLAMIC REPUBLIC OF Iranian Rial IRR 364 IRAQ Iraqi Dinar IQD 368 IRELAND Euro EUR 978 ISRAEL New Israeli Sheqel ILS 376 ITALY Euro EUR 978 JAMAICA Jamaican Dollar JMD 388 JAPAN Yen JPY 392 JERSEY Pound Sterling GBP 826 JORDAN Jordanian Dinar JOD 400 KAZAKHSTAN Tenge KZT 398 KENYA Kenyan Shilling KES 404 KIRIBATI Australian Dollar AUD 036 KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF North Korean Won KPW 408 KOREA, REPUBLIC OF Won KRW 410 KUWAIT Kuwaiti Dinar KWD 414 KYRGYZSTAN Som KGS 417 LAO PEOPLE'S DEMOCRATIC REPUBLIC Kip LAK 418 LATVIA Latvian Lats LVL 428 LEBANON Lebanese Pound LBP 422 LESOTHO Rand Loti ZAR LSL 710 426 LIBERIA Liberian Dollar LRD 430 LIBYAN ARAB JAMAHIRIYA Libyan Dinar LYD 434 LIECHTENSTEIN Swiss Franc CHF 756 LITHUANIA Lithuanian Litas LTL 440 LUXEMBOURG Euro EUR 978 MACAO Pataca MOP 446 MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF Denar MKD 807 MADAGASCAR Malagasy Ariary MGA 969 MALAWI Kwacha MWK 454 MALAYSIA Malaysian Ringgit MYR 458 MALDIVES Rufiyaa MVR 462 MALI CFA Franc BCEAO † XOF 952 MALTA Euro EUR 978 MARSHALL ISLANDS US Dollar USD 840 MARTINIQUE Euro EUR 978 MAURITANIA Ouguiya MRO 478 MAURITIUS Mauritius Rupee MUR 480 MAYOTTE Euro EUR 978 MEXICO Mexican Peso Mexican Unidad de Inversion (UDI) MXN MXV 484 979 MICRONESIA, FEDERATED STATES OF US Dollar USD 840 MOLDOVA, REPUBLIC OF Moldovan Leu MDL 498 MONACO Euro EUR 978 MONGOLIA Tugrik MNT 496 MONTENEGRO Euro EUR 978 MONTSERRAT East Caribbean Dollar XCD 951 MOROCCO Moroccan Dirham MAD 504 MOZAMBIQUE Metical MZN 943 MYANMAR Kyat MMK 104 NAMIBIA Rand Namibia Dollar ZAR NAD 710 516 NAURU Australian Dollar AUD 036 NEPAL Nepalese Rupee NPR 524 NETHERLANDS Euro EUR 978 NETHERLANDS ANTILLES Netherlands Antillian Guilder ANG 532 NEW CALEDONIA CFP Franc XPF 953 NEW ZEALAND New Zealand Dollar NZD 554 NICARAGUA Cordoba Oro NIO 558 NIGER CFA Franc BCEAO † XOF 952 NIGERIA Naira NGN 566 NIUE New Zealand Dollar NZD 554 NORFOLK ISLAND Australian Dollar AUD 036 NORTHERN MARIANA ISLANDS US Dollar USD 840 NORWAY Norwegian Krone NOK 578 OMAN Rial Omani OMR 512 PAKISTAN Pakistan Rupee PKR 586 PALAU US Dollar USD 840 PANAMA Balboa US Dollar PAB USD 590 840 PAPUA NEW GUINEA Kina PGK 598 PARAGUAY Guarani PYG 600 PERU Nuevo Sol PEN 604 PHILIPPINES Philippine Peso PHP 608 PITCAIRN New Zealand Dollar NZD 554 POLAND Zloty PLN 985 PORTUGAL Euro EUR 978 PUERTO RICO US Dollar USD 840 QATAR Qatari Rial QAR 634 RÉUNION Euro EUR 978 ROMANIA New Leu RON 946 RUSSIAN FEDERATION Russian Ruble RUB 643 RWANDA Rwanda Franc RWF 646 SAINT-BARTHÉLEMY Euro EUR 978 SAINT HELENA Saint Helena Pound SHP 654 SAINT KITTS AND NEVIS East Caribbean Dollar XCD 951 SAINT LUCIA East Caribbean Dollar XCD 951 SAINT MARTIN Euro EUR 978 SAINT PIERRE AND MIQUELON Euro EUR 978 SAINT VINCENT AND THE GRENADINES East Caribbean Dollar XCD 951 SAMOA Tala WST 882 SAN MARINO Euro EUR 978 SÃO TOME AND PRINCIPE Dobra STD 678 SAUDI ARABIA Saudi Riyal SAR 682 SENEGAL CFA Franc BCEAO † XOF 952 SERBIA Serbian Dinar RSD 941 SEYCHELLES Seychelles Rupee SCR 690 SIERRA LEONE Leone SLL 694 SINGAPORE Singapore Dollar SGD 702 SLOVAKIA Euro EUR 978 SLOVENIA Euro EUR 978 SOLOMON ISLANDS Solomon Islands Dollar SBD 090 SOMALIA Somali Shilling SOS 706 SOUTH AFRICA Rand ZAR 710 SPAIN Euro EUR 978 SRI LANKA Sri Lanka Rupee LKR 144 SUDAN Sudanese Pound SDG 938 SURINAME Surinam Dollar SRD 968 SVALBARD AND JAN MAYEN Norwegian Krone NOK 578 SWAZILAND Lilangeni SZL 748 SWEDEN Swedish Krona SEK 752 SWITZERLAND Swiss Franc WIR Franc WIR Euro CHF CHW CHE 756 948 947 SYRIAN ARAB REPUBLIC Syrian Pound SYP 760 TAIWAN, PROVINCE OF CHINA New Taiwan Dollar TWD 901 TAJIKISTAN Somoni TJS 972 TANZANIA, UNITED REPUBLIC OF Tanzanian Shilling TZS 834 THAILAND Baht THB 764 TIMOR-LESTE US Dollar USD 840 TOGO CFA Franc BCEAO † XOF 952 TOKELAU New Zealand Dollar NZD 554 TONGA Pa'anga TOP 776 TRINIDAD AND TOBAGO Trinidad and Tobago Dollar TTD 780 TUNISIA Tunisian Dinar TND 788 TURKEY Turkish Lira TRY 949 TURKMENISTAN Manat TMT 934 TURKS AND CAICOS ISLANDS US Dollar USD 840 TUVALU Australian Dollar AUD 036 UGANDA Uganda Shilling UGX 800 UKRAINE Hryvnia UAH 980 UNITED ARAB EMIRATES UAE Dirham AED 784 UNITED KINGDOM Pound Sterling GBP 826 UNITED STATES US Dollar US Dollar (Same day) US Dollar (Next day) USD USS USN 840 998 997 UNITED STATES MINOR OUTLYING ISLANDS US Dollar USD 840 URUGUAY Peso Uruguayo Uruguay Peso en Unidades Indexadas UYU UYI 858 940 UZBEKISTAN Uzbekistan Sum UZS 860 VANUATU Vatu VUV 548 VENEZUELA Bolivar Fuerte VEF 937 VIET NAM Dong VND 704 VIRGIN ISLANDS (BRITISH) US Dollar USD 840 VIRGIN ISLANDS (U.S.) US Dollar USD 840 WALLIS AND FUTUNA CFP Franc XPF 953 WESTERN SAHARA Moroccan Dirham MAD 504 YEMEN Yemeni Rial YER 886 ZAMBIA Zambian Kwacha ZMK 894 ZIMBABWE Zimbabwe Dollar ZWL 932 Gold XAU 959 Bond Markets Units European Composite Unit (EURCO) XBA 955 European Monetary Unit (E.M.U.-6) XBB 956 European Unit of Account 9(E.U.A.-9) XBC 957 European Unit of Account 17(E.U.A.-17) XBD 958 INTERNATIONAL MONETARY FUND (I.M.F) SDR XDR 960 Palladium XPD 964 Platinum XPT 962 Silver XAG 961 Special settlement currencies UIC-Franc XFU Nil Codes specifically reserved for testing purposes XTS 963 The codes assigned for transactions where no currency is involved are: XXX 999
  5. There is far too much drama here! Anyone with a funking daily MACD indicator would have been anticipating this...
  6. FWIW

    GOLD

    2 of my 3 stops just got hit - small profits. Gonna let my last one run, so hope you are right about $1337!! EDIT: last one just got hit at 1190 - not bad for an hours work with zero stress!
  7. FWIW

    GOLD

    Very nice work! Next time let me know when you go short. You or Rick have a real knack of getting the turning points right! I went long again with 3 lots at 1186ish - all stops moved to be in profits. Now let her run to wherever she takes me!
  8. FWIW

    GOLD

    Brilliant - these jokers will get me a great discount. Igglepiggle get ready my friend.
  9. FWIW

    UK House prices: News & Views

    From http://www.citywire.co.uk/Adviser/-/news/p...p;ViewFull=True Quote House prices could be hit by 'double-dip', says Fitch By Nicholas Paler | 11:48:52 | 03 December 2009 UK house prices face the prospect of a 'double-dip' in the next few years amid high unemployment and constrained lending conditions, a leading ratings agency has warned. Delivering a bleak outlook for house prices, Fitch Ratings warned once again that it expected to see house prices come down by nearly a third from the peak seen in 2007 - despite recent monthly surveys indicating that prices have bottomed out and are starting to creep higher. Fitch, which has kept its credit outlook for UK housebuilders at 'negative' because of its concerns about the sector's debt levels, said a recovery in the housing market in the near term was unlikely, and it expected to see either no growth or further falls in price as problems came to a head. Fitch's UK housebuilder analyst Jean-Pierre Husband, said: 'A quick and sustainable improvement in UK housing conditions is unlikely, and this will restrict the potential for rating upgrades. 'The main economic indicators point towards a period of stagnation at best, or at worst a double-dip contraction in house prices.' Highlighting one of the main headwinds facing the sector, a Fitch report into housebuilders noted that: 'Over 66% of UK mortgage borrowers are now on floating rate mortgages, compared with 48% in August 2008, and their ability to service existing mortgage debt would be adversely affected by any hike in interest rates.' Fitch's view on the housing market is in-line with others who remain sceptical about the recent recovery. Capital Economics property economist, Seema Shah, said current increases in price have been driven by a shortage of property for sale, and that this was only providing temporary support before rising unemployment fed through to valuations. Shah said the small increases seen recently made no difference to the underlying outlook and basic argument that prices are still overinflated. She predicted that if rises continued sellers would become more confident about putting homes on the market, increasing supply and therefore driving down prices. She added: 'Unemployment is likely to continue rising long after the recession ends. This will also put heavy downward pressure on average earnings, with the result that pay growth could tip into negative territory next year.' 'Even if the economic outlook proves better than we expect, the housing market will not benefit. Interest rates would be raised, reducing affordability, while fiscal tightening will eat into households' disposable income. The upshot is that with the housing market still overvalued, prices are more likely to fall than to rise next year.' Meanwhile a recent house price survey showed prices climbed slightly in the last month, although growth has slowed heading into the holiday season. Nationwide said that house prices rose by 0.5% in November, taking the average house price near to early 2006 levels at £162,764. On a less volatile three-month reading, the building society said the rate of change had dropped to 2.8% from 3.5% in October.
  10. FWIW

    GOLD

    IF S&P500 rolls over (as in this video) then it could take gold priced in USD down with it (not very far but down nonetheless). http://broadcast.ino.com/education/sp5001130/ DYOR
  11. FWIW

    GOLD

    I am looking at the daily candle on the gold price, it looks like it could be a hammer which could indicate a pull back. Be careful and manage your risk levels.
  12. I don't know what to say, that is a very comprehensive debt calculator. I am in shock!
  13. The real Faber: http://www.marketoracle.co.uk/Article15459.html Quote Speaking at a conference in Singapore on Wednesday, Faber said: "The crisis has not solved anything. On the contrary there is less transparency today than there was before. The government's balance sheet is expanding, and the abuses that have led to the one cause of the crisis have continued". "I think eventually there will be a big bust and then the whole credit expansion will come to an end," Faber added. "Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to stimulus". In one of his Gloomiest predictions, Faber, referred to as Dr. Doom, said "the average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war". "People ask me against whom? Well, they will invent an enemy," Faber said. "At some stage, somewhere in future, we will have a war – that you have to be prepared for. And during war times, commodities go up strongly,” said Faber. "If you want to hedge against war, you don't want to own derivatives in UBS (UBS) and AIG (AIG), but you have to own them physically, like farmland and agricultural commodities. That is something to consider for you as a personal safety and hedge. You have to own some commodities," he added. Got Gold?
  14. FWIW

    GOLD

    Not sure why they didn't show this graphic inline in the article? Maybe the thought of an audit of us holdings may have been planted if it was shown?
  15. FWIW

    GOLD

    Yes very bullish Sir Pixel8r. We have a huge white candle on the monthly, we also have 4 white soldiers on the weekly pattern (basicly we finished each week higher) and we have a huge hanging man pattern. The previous day was a doji, which is soemtimes called an evening star. I will wait for confirmation of the opening price on Sunday/Monday to ensure that open is higher than today's close. If so, that is very bullish. As I scan across all the markets I can see that we either have doji's or hammers. Again, this means the actual open is crucial to see which way we will go. DYOR!
  16. With all due respect Pluto you have obviously never traded for real. Telling people who have done their risk management homework that using stops is gambling is a very silly thing to say. I bet you have never experienced a margin call. If you don't use stops then you are gambling as you have done no risk management. If people want to trade without stops, then carry on. For me to win big someone has to lose big. Anyway, I for one am glad of my stop this morning at 7am - it will pay for xmas and then some! Stops allow you to bank a profit, and then when things blow over get back on the bus again.
  17. FWIW

    GOLD

    OMG This should be clased as ethnic cleansing. Where are all the good men?
  18. Well I'm glad you cleared that up. Maybe it's you that is bipolar? Not everyone subscribes to the stocks up, gold up, dollar down mantra btw. Stock market is a potemkin market and will be used to manipulate the serfs whichever way the 'elite' feel like it.
  19. So now you will tell us that you have bought physical gold? from http://www.housepricecrash.co.uk/forum/ind...showtopic=16080 You have also just shown the entire world what a callous man you are. Don't worry though, not everyone who is young is uneducated and unresourceful. We will destroy the fiat money system and all those that hang on to it. Anyone that hasn't been able to buy a home should join me. Anyone that has had to shift from job to job, from rental place to rental place should join me. Has anyone else got a website home for me? I am not sure I will be welcome here anymore.
  20. You know the song...first they ignore you, then they blah blah....then you win! Both sides play the same tunes, so we go back to the ignore phase. However, I 100% agree with you pixel8r - India has got the imf gold at a great discount. All these fools that don't realise that Governments print money at will and more importantly have shown that will go to any lengths to do it and will protect their own kin. So let's have a quick recap of what we have learnt from 2008/2009: 1) Bear, ML, Lehman killed so that GS have no competition and to pretend to fail so that panic ensues 2) AIG saved to save GS 3) Obama gives 'hope' a bad name 4) Obama appoints GS henchmen to key positions 5) Everyone can see that Obama is an actor - read history my asre - puppet masters are still pulling the strings 6) QE is the fancy name for printing money that debases the general publics savings 7) Inflation is the tool that will be used to get people with weak hands to swop their gold (common man wants something for nothing, even if it is nothing) 8) ClimateGate has been exposed - this an element of the Fear that is now not so scary to the general public (the earth changes all the time, get over it and maybe embrace it?) 9) Dubai has said "fcuk you" to the predominatly western investors - My pet theory atm is that Abu Dhabi will use Dubai as leverage to break the AED peg from USD, Oil will be priced against a basket of currencies that includes Gold/Silver 10) China and India are BUYING Gold I could go on...but I think the converted have been converted. The rest I trust in the hands of the lord.
  21. FWIW

    GOLD

    [sarcasm on] Maybe Timmy and Bernanke had a plan all along? Maybe they were just pretending to bail out all their mates? The money will be burnt and no-one will be wiser? [/sarcasm off] Now look at the ECB, when you Trichet talk about price stability and ensuring that the wealth of millions of people is maintained. If you had to believe in one peice of paper over another which one would you choose? I vote gold though...time will come when people will want to see how much gold, silver or even tungsten you have, before any deals are done. The paperbugs are finished.
  22. Double-speak - I may need a new home to post my thoughts if this carries on.
  23. FWIW

    GOLD

    But that taught you a very valuable lesson. Do more sitting, and less tinkering. I personally use the Williams %R indicator - but with RSI or Williams you need to be patient (days and weeks). Have a look at the Gold TTT thread and I think we can talk.
  24. Again this niggles me in a 1984 Orwellian sort of way. Changing thread titles once people have started to respond changes the dynamic of the posts. Some people will get angry and react to the subtitle, and then sometime later the subtitle changes subtly so other posters then think there is no need for others to react.
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