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Finally, the burst in commodity prices? Oil and gold dropping quickly. (Page 4)
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Clinically Insane
Join Date: Dec 2000
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Originally Posted by Eug 
Oil: $64.48
Natural gas: $6.35
Gold: $693.34
Canadian dollar: 78.49¢
Euro: $1.2559
What a difference a few days makes. After less than 6 days:
Oil: $69.72 (+8.1%)
N. gas: $6.88 (+8.3%)
Gold: $767.55 (+10.7%)
CAD$: 83.78¢ (+6.7%)
Euro: $1.3220 (+5.3%)
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Clinically Insane
Join Date: Dec 2000
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Wowsers. I didn't think we'd see $50 oil again, but we're getting awfully close now.
Oil: $56.81
N. gas: $6.46
Gold: $722.65
CAD$: 81.29¢
Euro: $1.2552
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Clinically Insane
Join Date: Oct 2000
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Yup, I guess even world-wide economic recessions have their advantages.
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"The natural progress of things is for liberty to yield and government to gain ground." TJ
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Senior User
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Just in time for Christmas shopping too!
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Clinically Insane
Join Date: Apr 2003
Location: 46 & 2
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Paid 1.98 for premium this morning. woohoo.
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"Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it."
- Thomas Paine
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Professional Poster
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Oil is down again, GOLD IS ON THE WAY UP!!!
Thank god, I will be able to eat the Christmas.
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Clinically Insane
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Originally Posted by Eug
Wowsers. I didn't think we'd see $50 oil again, but we're getting awfully close now.
Closed below $50 today (and yesterday). Impressive.
Originally Posted by moonmonkey
Oil is down again, GOLD IS ON THE WAY UP!!!
Yup. Now at $800. Quite a jump today, of over $50.
Thank god, I will be able to eat the Christmas.
I don't think he'll like you too much if you eat the Christmas. 
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Clinically Insane
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Oil: $43.72 <- 
N. gas: $6.03
Gold: $766.89
CAD$: 78.31¢
Euro: $1.277
Originally Posted by Eug
I wouldn't expect to see $600 gold or $70 oil any time soon
Heh. $70 oil is 60% higher than the current price!
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Clinically Insane
Join Date: Oct 2000
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Yeah, the 4 handle on oil is pretty mindboggling compared to where we were in the summer. I'm surprised gold hasn't deflated further, but perhaps it's pointing to the underlying inflationary trend of world governments printing endless supplies of money.
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"The natural progress of things is for liberty to yield and government to gain ground." TJ
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Professional Poster
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It looks like gold will drop further perhaps down to 650 / 700 in the next months.
if its keeps fluctuating like it is i'm happy.
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Clinically Insane
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Maybe they meant chicken stock?
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Clinically Insane
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Originally Posted by Dork.
Maybe they meant chicken stock?
Chicken stock is a commodity, and up until recently the price of such commodities has been dropping.
Also, it is well known that the fortunes only make sense when "in bed" is added to the fortune. Thus:
"The stock market may be your ticket to success in bed."
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Addicted to MacNN
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One should never stop striving for clarity of thought and precision of expression.
I would prefer my humanity sullied with the tarnish of science rather than the gloss of religion.
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Clinically Insane
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Location: Caught in a web of deceit.
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Azzociated Prezz: Oil tumblez below $40 for firzt time zince 2004
Thiz iz after OPEC announced a production cut of 2.2 million barrelz too.
Oil: $40.41
N. gaz: $5.60
Gold: $867.12
CAD$: 83.85¢ <-- I'm dizappointed, becauze my AAPL iz now worth even lezz in CAD$, az the UZ$ fallz.
Euro: $1.441
P.Z. The Britizh pound iz now only worth 1.077 Euro.
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Clinically Insane
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Gold is clearly trading inverse to the USD.
The market seems to have (finally) picked up to the Fed's threat of printing money like there's no tomorrow.
-t
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Addicted to MacNN
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Originally Posted by Eug
Azzociated Prezz: Oil tumblez below $40 for firzt time zince 2004
Thiz iz after OPEC announced a production cut of 2.2 million barrelz too.
Oil: $40.41
N. gaz: $5.60
Gold: $867.12
CAD$: 83.85¢ <-- I'm dizappointed, becauze my AAPL iz now worth even lezz in CAD$, az the UZ$ fallz.
Euro: $1.441
P.Z. The Britizh pound iz now only worth 1.077 Euro.
Well zaid.
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Addicted to MacNN
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Is the "s" key broken on your keyboard? 
Originally Posted by Eug
Azzociated Prezz: Oil tumblez below $40 for firzt time zince 2004
Thiz iz after OPEC announced a production cut of 2.2 million barrelz too.
Oil: $40.41
N. gaz: $5.60
Gold: $867.12
CAD$: 83.85¢ <-- I'm dizappointed, becauze my AAPL iz now worth even lezz in CAD$, az the UZ$ fallz.
Euro: $1.441
P.Z. The Britizh pound iz now only worth 1.077 Euro.
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Slick shoes?! Are you crazy?!
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Mac Elite
Join Date: Aug 2007
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Originally Posted by Stogieman
Is the "s" key broken on your keyboard?
Heh, I think they're mocking this thread.
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MacBook Pro 13" 2.8GHz Core i7/8GB RAM/750GB Hard Drive - Mac OS X 10.7.3
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Professional Poster
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Location: Near Antietam Creek
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Oil is $38.22 at 10:42 am (EDT). Amazing--never thought it would be below $75, ever, from the highs of last summer.
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Mac Elite
Join Date: Apr 2002
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I just looked on Bloomberg.
NYMEX CRUDE FUTURE 36.50 -3.56 -8.89 14:52 <- I'm pretty sure the world is coming to an end.
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Clinically Insane
Join Date: Oct 2000
Location: Los Angeles
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At the peak in the summer I also never thought we'd see sub-$70 barrel oil, let alone a three handle. I say enjoy it while it lasts.
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"The natural progress of things is for liberty to yield and government to gain ground." TJ
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Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
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Originally Posted by King Bob On The Cob
I just looked on Bloomberg.
NYMEX CRUDE FUTURE 36.50 -3.56 -8.89 14:52 <- I'm pretty sure the world is coming to an end.
The peak just this summer was $147.27. Just one quarter of that would be $36.82.
Right now, it's $36.38.
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