| Topic: |
Religions > Atheism |
| User: |
"maff" |
| Date: |
20 Aug 2004 04:40:07 AM |
| Object: |
OT: New oil highs spark gold rush |
New oil highs spark gold rush
http://www.guardian.co.uk/business/story/0,3604,1287008,00.html
Terry Macalister
Friday August 20, 2004
The Guardian
The growing affluence of Saudi Arabia and other Middle Eastern oil
producers from record crude oil prices has triggered huge new consumer
demand in the region for an even more precious commodity: gold.
While oil prices yesterday broke new records and reached $47.96
(£26.19) a barrel in New York, the World Gold Council reported an 11%
rise in volumes - 25% in dollar terms - during the second quarter,
compared with the same period last year.
Terry Macalister
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&selm=18510aff.0406030111.2aaa8144%40posting.google.com
Gold
http://news.google.com/news?q=Gold&num=100&hl=en&lr=&ie=UTF-8&sa=N&tab=gn
http://www.google.com/search?q=Gold&num=100&hl=en&lr=&ie=UTF-8&tab=nw&sa=N
http://www.google.com/search?q=Gold&num=100&hl=en&lr=&ie=UTF-8&output=search&cat=gwd/Top
http://groups.google.com/groups?as_q=Gold&safe=images&ie=UTF-8&as_scoring=d&lr=&num=100&hl=en
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| User: "Meteorite Debris" |
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| Title: Re: OT: New oil highs spark gold rush |
20 Aug 2004 09:09:17 PM |
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On 20 Aug 2004 02:40:07 -0700 the ET form known as
maff<maff91@yahoo.com> sent a radio signal across the vast expanse of
deep space -._.--._.--._.--._.--._.--._.
New oil highs spark gold rush
http://www.guardian.co.uk/business/story/0,3604,1287008,00.html
Terry Macalister
Friday August 20, 2004
The Guardian
The growing affluence of Saudi Arabia and other Middle Eastern oil
producers from record crude oil prices has triggered huge new consumer
demand in the region for an even more precious commodity: gold.
While oil prices yesterday broke new records and reached $47.96
(£26.19) a barrel in New York, the World Gold Council reported an 11%
rise in volumes - 25% in dollar terms - during the second quarter,
compared with the same period last year.
If gold goes up T-bills will have to compete. Up go interest rates. US
debt is 2.5 X GDP and in Oz too where debt total is over $1trillion.
This has the makings makings of a perfect storm.
--
epicurus1*at*optusnet*dot*com*dot*au
apatriot #1, atheist #1417,
Chief EAC prophet
http://members.optusnet.com.au/~pk1956/
Apatriotism Yahoo Group
http://groups.yahoo.com/group/apatriotism
"Properly read, the Bible is the most potent force for atheism ever
conceived." - Isaac Asimov
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