Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
Hi, Michael,
Not sure what comments you refer to. I said:
> Things always cost more, as a function of time.
This does not imply the two things you imply
that I implied. (Huh?)
If prices always go up, then you should buy as
soon as possible, before they go up more. And
conversely, if you own something the price of which
will go up, why sell now, when it will be worth more
later?
Changing prices influence but do not determine
what a collector does with his collection. Collecting
is an activity of desire. Collectors buy because they
want the thing sold more than they want the money.
Collectors sell the thing because they want the money
more.
Collectors are not investors. Some may invoke the
rationale and sometimes they may even convince a
spouse, for a while. Collectors are Collectors. Some
buy and sell constantly, because they like the action
(Windy City Steve?). Some juggle, improve, upgrade,
expand. Some just Collect.
So, is this a general offer to the List, to buy whole
collections?
Sterling K. Webb
-
- Original Message -
From: "Michael L Blood" <[EMAIL PROTECTED]>
To: "Sterling K. Webb" <[EMAIL PROTECTED]>; "Meteorite List"
Cc: "Rob Matson" <[EMAIL PROTECTED]>
Sent: Thursday, April 10, 2008 4:13 AM
Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/
dirham's
Sterling,
Your comments imply 2 things:
1) If this is a BAD time to buy meteorites, it would be a GOOD time
For you to sell your collection - even if you had to take wholesale for
It - then just wait and buy a much bigger collection later. Please contact
me off list re selling me your collection.
2) This is a BAD time to buy, because prices will surely go down, the
Meteorite market is simply at a temporary high. HOWEVER, what if
These are the LOWEST prices that will be seen for the indefinite future?
What if these prices are much lower than they will be next year, the
Year after and so on?
Just some interesting questions, but I would like to buy your
Collection if you really trust your comments are solid ones.
Best wishes, Michael
on 4/9/08 1:09 AM, Sterling K. Webb at [EMAIL PROTECTED] wrote:
> Hi, Marketeers!
>
>
> Rob wrote:
>> Wouldn't it be interesting if there was a futures market
>> for meteorites? That would add some price stability...
>
> Like the futures market equivalents for bundled subprime
> loans, the credit insurers and their "credit default slops"?
> Buy them for pennies on the dollar. They helped a lot (not).
>
>
> Dave wrote:
>> big oil is probably a good business to invest in at the
>> moment..."
>
> When everybody thinks a certain business is a good
> business to be in, the stock price is at a recent peak. You
> never buy a stock at its peak. Stocks never stay at their peaks;
> they fall off. If you wait and wait, maybe you can sell it
> again at the price you paid for it... someday. How can
> you make money that way?
>
> What you want to do is look around for a perfectly good
> business that is, however, NOT a good business to be in
> right this moment. [This is an example, not a recommendation.]
> Most of you know what flash memory is. That's the little card
> that goes in your camera to record the pictures on. It's the
> memory in Mp3 players and iPod Nano's and dozens of other
> devices.
>
> But these items are all consumer goods and folks are not
> buying consumer goods as fast as they used to, so the predictions
> for the growth of flash memory sales for the next year has fallen
> from a nearly 30% increase in sales to only a 7% increase. The
> herds of "stock sheep" have all run away from companies that
> make flash memory chips because they will probably have a
> low-growth year. Not a loss, just less growth.
>
> The largest maker of NAND flash chips in the US, SanDisk,
> had a stock price of nearly $60 last April. This April, a few days
> ago, it slipped down to $19.54 A smart buyer would know that
> after this current upset is over, consumer sales will rebound with
> pent up demand ("I can finally that new Mp3 player!") and SanDisk
> will be selling flash memory as fast as they can make it. I know
> this about smart buyers because, sure enough, SanDisk popped
> back up to nearly $30 in just one day as the smart ones swooped
> in and snapped it up at $20 (and dumped it again at $30). The really
> smart ones will hold it back to $60.
>
> I use this example because I missed it. Drat!
>
>
> Michael wrote:
>> I don't think anything will be available "cheaper" than it was
>> at the height of the market 7 or 8 years ago...
>
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
0's. It only costs more because the dollar is worth less. > > As for what the dollar is "worth," Americans love to blame the > behavior of their government's debt policy. Government debt is just > an investment: bonds are sold, interest is paid on them. Buyers of > debt do not think the dollar is worthless; afterall, they are going to > be paid that interest in the debtor nation's currency, and be repaid in > them too. The US government is just doing what its citizens are doing: > spending more money than we have. We have been spending more > than our earnings for many decades, going increasingly into personal, > not national debt. > > > Michael wrote: >> You can't have it both ways - they [the US government] >> have been acting like a 15 year old with a credit card... > > No, it's the 15-year-olds with credit cards (and the 20-year-olds, > and the 30-year-olds, and the 40-year-olds...) that have been > acting like 15-year-olds with credit cards! > > If we just behaved this way with each other, it wouldn't matter. > But we buy so much from overseas that trade deficits are working > their way up to a trillion dollars a year. That, not government debt, > devalues the dollar. Nations with positive savings rates (spend less > than they earn) always have trade surpluses and strong currencies. > Nations with negative savings rates (spend more than they earn) > always have trade deficits and weak currencies. And the nations > with positive savings rates, trade surpluses, and strong currencies? > They have national debts, too. Every nation does. > > You want a strong dollar and a stable economy? Stop spending > so much money! Cut your spending until you have money left > over. Put it in the bank. Pay down your credit card. Don't take > out loans. You want to buy something special? Save up the money > until you can buy it outright. (If you can't do that, did you really > want it?) > > Dead silence. > > See, NOBODY wanted to hear that! It MUST be the fault of > high-priced gasoline, government debt, worthless politicians -- > not me! > > > Sterling K. Webb > > - Original Message - > From: "Rob Matson" <[EMAIL PROTECTED]> > To: "Meteorite List" > Sent: Tuesday, April 08, 2008 12:16 PM > Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ > dirham's > > > At least at the present time, the U.S. drives the meteorite > market, which is why sales are slow. From a collecting > standpoint, meteorites are and have always been a luxury > item. Despite their rarity and scientific value, they do > not have the liquidity of other commodities, so they cannot > be used as a reliable hedge against inflation. (Wouldn't > it be interesting if there was a futures market for > meteorites? That would add some price stability.) > > If I was a dealer that depended on sales for my livelihood, > I might consider making advertising inroads into emerging > markets -- specifically China. Effective marketing there > is likely to be quite different from that which works for > Western consumers. > > Dave and Michael both mentioned the rise in the U.S. national > debt which certainly has a negative effect on the purchasing > power of the dollar. (As a humorous aside, I'm reminded of > Saturday Night Live's Dennis Miller once asking, "Who do we > owe this debt to? I say, 'let's just not pay it.' What are > they going to do?" As for oil/gasoline, the real price is > no higher than it was in the 1970s. Frankly, I don't quite > understand how gasoline isn't over $6/gallon when you consider > the comparative cost of a barrel of oil today (over $100) vs. > say five years ago (less than $30). > > Dave wrote: "I think big oil is probably a good business to > invest in at the moment...", to which I would say it's probably > better than meteorites! But the truth is, anyone who owns > mutual funds is already invested in oil. That's not to say you > wouldn't want to press your position (I have been). As for the > outcome of the fall elections having an impact on oil prices, > I'd say it will be minimal. Oil is a global commodity whose > price is fixed largely by demand, not U.S. politics. > > Cheers, > Rob > __ > http://www.meteoritecentral.com > Meteorite-list mailing list > Meteorite-list@meteoritecentral.com > http://six.pairlist.net/mailman/listinfo/meteorite-list > 'Your living is determined not so much by what life brings to you as by the attitude you bring to life; not so much by what happens to you as by the way your mind looks at what happens.' --Kahlil Gibran __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
I am in Washington DC at this moment, working out an exchange with the Smithsonian. I just walked by the White House and IRS building less than an hour ago, and the protesters made me smile, at least some people are disgusted by the way the current administration has pissed away our nation's wealth and set us back for decades. Michael Blood is absolutely correct, I see the same thing on ebay, I have many dealers bidding on my meteorite, why? Well, they often sell cheaper than you could buy them from the source for. The meteorite market is doing well, prices are higher, supply is dropping faster than the California salmon run, and it shows no sign of doing anything but getting harder and harder to get nice meteorites. Michael Farmer --- david freeman <[EMAIL PROTECTED]> wrote: > Dear List; > I agree with Michael. It is a number of issues, one > being U.S. debt and taxing makes money tight as > does > war. Another as Michael puts it is the cost of > bread, > milk, and eggs, and gasoline which the common folks > need, and compete with the meteorite collector in > for > pricing. Meteorite collector: can I afford an extra > $50 a week in energy, food, and other costs and > continue to spend my normal amount on my collecting > hobby? We Americans collect more than just > meteorites. > We also collect food and energy and historically at > a > disportinate rate to other civilized nations. Our > food > and energy costs are very high now, and intertwined > deeply with each other. As other economies rise, the > U.S. economy is equalizing, meaning we are in > finincial decline. Less money is expendable to > collect > stamps, second and third cars, METEORITES, bread, > milk,and eggs. > This decline in business is not just in the > meteorite > sector. > I think big oil is probably a good business to > invest > in at the moment, but with an election coming soon, > maybe not so either. > Thanks Michael for the comment. > > > --- Michael L Blood <[EMAIL PROTECTED]> wrote: > > > on 4/8/08 6:44 AM, habibi abdelaziz at > > [EMAIL PROTECTED] wrote: > > > let's hope the dollar will be back high , if not > > and the trend of the dollar > > > continue this way ; we will have a closed > market > > in nwa.or an expenssive > > > meteorite market. > > Hi Aziz, > > We have a strange shift going on in the > US. > > The Republican Party > > Used to stand for "conservative" economic spending > > by the government > > And the Democratic Party had a reputation of "tax > > and spend" on social > > Programs. However, the past 15 years everything is > > turning upside down. > > Clinton brought the national debt down to "only" 1 > > trillion $(from a > > previous 4 when he took office). That made the > > dollar strong. However, we > > have had someone who was supposed to be a > > "conservative" drive up the > > national debt to over 7 TRILLION Dollars over the > > last 7 years, and the > > result is a very weak dollar. (this is quite > easily > > accomplished when you > > cut taxes and expand spending) So much for "small > > government" - though > > We do "hire out" for some of the more important > > functions. > > Unfortunately, your comment about what > will > > happen if the dollar > > Does not get stronger has already happened. It was > > plain as day at the > > Last Tucson Show. Prices were the highest I have > > ever seen since the > > Flood of African material started. Prices on much > of > > the historic material > > was actually higher than before the NWA flood and, > > of course, the NWA > > Material is at an all time low in volume and high > in > > prices. > > Someone actually complained that my > auction > > was "ruined" because > > So many dealers were buying so much (actually, > only > > about 30%) that > > They were outbidding collectors. The difference > was > > that the dealers SEE > > What is happening - and when things are "cheaper" > at > > the auction than can > > Be had "wholesale" they have to bid on it. > Clearly, > > many collectors are in > > denial and just don't accept that market prices > > bottomed out 2 years ago > > And have been on the climb and that cline has > > steepened the last year > > Quite a bit. Before long, I don't think anything > > will be available "cheaper" > > Than it was at the height of the market 7 or 8 > years > > ago. Of course, bread, > > Butter, rent and certainly gas are not nearly as > > cheap as they were 8 years > > Ago, either. > > I just hope Clinton wasn't a one time > > aberration and at least one of > > the parties will be financially conservative! If > the > > government wants to > > Spend $ they will have to tax to pay for it - or, > do > > what they have done the > > Last 7 years and just print more, which MUST > result > > in a decline in the > > Value of the dollar. You can't have it both ways - > > they have been acting > > like a 15 year old with a credit card. > > What I don't understand is why there are > not > > more
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
Rob wrote:
Wouldn't it be interesting if there was a futures market
for meteorites? That would add some price stability...
DISCLAIMER: The below is only a personal opinion and should not be
taken seriously. I am not responsible anyone screwing up because they
want to speculate in a market that is entirely capitalized by
Stackelberg competition.
COMMENT: For once I completely agree with Sterling ... Where is the
divine intervention to strike this folly down: futures would be
thoroughly despicable as they would be perverted. They would amplify
the gains and losses in speculation by leveraging personaly fortunes on
price movements and abuse beyond anything we could imagine (Rob - wake
up! Futures only work with disclosure and in near-perfect markets!)
Friends in Chicago (Chicago is famous for futures trading) would lose
there life savings in a heartbeat without ever even holding a
meteorite! This would be the perfect scam as dealers could "take and
sell candy from babies" -in the meaning of the cliche - not meant an
insult: buyers are certainly mature, right?!). Not to mention that any
Americans participating in such a scam could lose their shirt AND be
sent to jail!
If you have that inclination, two can always mutually obligate
themselves to sell a specimen at a particular forward date for a given
price. I.e., A promises to buy specimen X from B on future date Y for
$X amount (or even a weight, as if dealing in potatoes). All
settlement must occur only "giving and giving" what was agreed. No one
can give money to buy a future "contract" or "option" for that matter
...
The other method available is to simply sell something for a fixed
price on "lay-a-way" (accepting gradual payments until paid off). This
is just a form of credit and delivery of the specimen could be at any
mutually agreed upon point during the transaction.
A contentious area between friends is accepting a non-refundable
deposit for a specimen where the balance will be paid at a future date.
Unfortunately it is basically a disguised future option which
effectively might circumvent the investment regulators. But those
deposits can't be traded. They are one-on-one!
So there are already enough simulated instruments to effectively
annihilate anyone who would think about turning meteorites into
gambling chips ... (And please don't give the Space Needle casino folks
in Las Vegas any such literal ideas of making gambling chips out of
such precious material!)
Best wishes and Great Health,
Doug
-Original Message-
From: Sterling K. Webb <[EMAIL PROTECTED]>
To: Meteorite List
Cc: Rob Matson <[EMAIL PROTECTED]>
Sent: Wed, 9 Apr 2008 3:09 am
Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/
dirham's
Hi, Marketeers!
Rob wrote:
Wouldn't it be interesting if there was a futures market
for meteorites? That would add some price stability...
Like the futures market equivalents for bundled subprime
loans, the credit insurers and their "credit default slops"?
Buy them for pennies on the dollar. They helped a lot (not).
Dave wrote:
big oil is probably a good business to invest in at the
moment..."
When everybody thinks a certain business is a good
business to be in, the stock price is at a recent peak. You
never buy a stock at its peak. Stocks never stay at their peaks;
they fall off. If you wait and wait, maybe you can sell it
again at the price you paid for it... someday. How can
you make money that way?
What you want to do is look around for a perfectly good
business that is, however, NOT a good business to be in
right this moment. [This is an example, not a recommendation.]
Most of you know what flash memory is. That's the little card
that goes in your camera to record the pictures on. It's the
memory in Mp3 players and iPod Nano's and dozens of other
devices.
But these items are all consumer goods and folks are not
buying consumer goods as fast as they used to, so the predictions
for the growth of flash memory sales for the next year has fallen
from a nearly 30% increase in sales to only a 7% increase. The
herds of "stock sheep" have all run away from companies that
make flash memory chips because they will probably have a
low-growth year. Not a loss, just less growth.
The largest maker of NAND flash chips in the US, SanDisk,
had a stock price of nearly $60 last April. This April, a few days
ago, it slipped down to $19.54 A smart buyer would know that
after this current upset is over, consumer sales will rebound with
pent up demand ("I can finally that new Mp3 player!") and SanDisk
will be selling flash memory as fast as they can make it. I know
this about smart buyers because, sure enough, SanDisk popped
back up to nearly $30 in just one day as the smart ones swooped
in and snapped it up at $20
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
ive savings rates (spend less than they earn) always have trade surpluses and strong currencies. Nations with negative savings rates (spend more than they earn) always have trade deficits and weak currencies. And the nations with positive savings rates, trade surpluses, and strong currencies? They have national debts, too. Every nation does. You want a strong dollar and a stable economy? Stop spending so much money! Cut your spending until you have money left over. Put it in the bank. Pay down your credit card. Don't take out loans. You want to buy something special? Save up the money until you can buy it outright. (If you can't do that, did you really want it?) Dead silence. See, NOBODY wanted to hear that! It MUST be the fault of high-priced gasoline, government debt, worthless politicians -- not me! Sterling K. Webb -------------------- - Original Message - From: "Rob Matson" <[EMAIL PROTECTED]> To: "Meteorite List" Sent: Tuesday, April 08, 2008 12:16 PM Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's At least at the present time, the U.S. drives the meteorite market, which is why sales are slow. From a collecting standpoint, meteorites are and have always been a luxury item. Despite their rarity and scientific value, they do not have the liquidity of other commodities, so they cannot be used as a reliable hedge against inflation. (Wouldn't it be interesting if there was a futures market for meteorites? That would add some price stability.) If I was a dealer that depended on sales for my livelihood, I might consider making advertising inroads into emerging markets -- specifically China. Effective marketing there is likely to be quite different from that which works for Western consumers. Dave and Michael both mentioned the rise in the U.S. national debt which certainly has a negative effect on the purchasing power of the dollar. (As a humorous aside, I'm reminded of Saturday Night Live's Dennis Miller once asking, "Who do we owe this debt to? I say, 'let's just not pay it.' What are they going to do?" As for oil/gasoline, the real price is no higher than it was in the 1970s. Frankly, I don't quite understand how gasoline isn't over $6/gallon when you consider the comparative cost of a barrel of oil today (over $100) vs. say five years ago (less than $30). Dave wrote: "I think big oil is probably a good business to invest in at the moment...", to which I would say it's probably better than meteorites! But the truth is, anyone who owns mutual funds is already invested in oil. That's not to say you wouldn't want to press your position (I have been). As for the outcome of the fall elections having an impact on oil prices, I'd say it will be minimal. Oil is a global commodity whose price is fixed largely by demand, not U.S. politics. Cheers, Rob __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
Michael L Blood <[EMAIL PROTECTED]> wrote:I mailed out 16 packages today including 7 to europe and 1 to canada with 60% of the total value in those 8 packages. I'd say Europeans are buying. -- Eric Olson 7682 Firethorn Dr Fayetteville, NC 28311 http://www.star-bits.com __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
On the comments on why the Europeans have not picked up too much slack that resulted from the erosion of US buying power: Dear Listees, Just a stab, but the European (Franco-Germanic) buying culture seems much less speculative (more conservative) than the corresponding American (Las Vegas) buying culture. When the pressure is put on the speculators in any market, sales tend to get sluggish as no one wants to take paper losses and the market simply looses its momentum. The situation I see is that a few grams (or disturbingly, milligrams) weekly are used as price benchmarks for tons of material, and in plenty of cases in sales to buyers who are not "market-savvy". The nice man (or lady) that sells you the piece claims that it is worth millions - just trust them and appeals to our love of space and astronomy (how could we possibly say no?!). How is that for investment advice? In such overall economic slowdowns, situations price normally re-adjusts lower and the demand picks up, people grumble a bit, some get caught with their pants down, some new ones appear who are better suited, and everyone remaining gets back to figuring how to make money. But since meteorites are so far from being a perfect market, macroeconomics becomes a square peg in a round market. So hopefully, everyone just relaxes and acquires whatever makes them happy with offers they consider fair, and to relieve some pressures, speculators avoid counting all their chickens before they hatch. That's my stab at it. As meteorites are not an investment approved by the Securities and Exchange commission, no 10-K or proxy statement is in the works and it's still each man (and woman) for themself... One thing is a safe bet: If you truly love meteorites, everything is just fine. These are great times to be alive... Best wishes and Great Health Doug -Original Message- From: Greg Hupe <[EMAIL PROTECTED]> To: Mark Crawford <[EMAIL PROTECTED]> Cc: meteorite-list@meteoritecentral.com Sent: Tue, 8 Apr 2008 12:18 pm Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's Hi Mark, Mark wrote: "We're working on it, guys, we're working on it :)" We definately appreciate it!! Thank you! Best regards, Greg Greg Hupe The Hupe Collection NaturesVault (eBay) [EMAIL PROTECTED] www.LunarRock.com IMCA 3163 Click here for my current eBay auctions: http://search.ebay.com/_W0QQsassZnaturesvault - Original Message - From: "Mark Crawford" <[EMAIL PROTECTED]> To: "Greg Hupe" <[EMAIL PROTECTED]> Cc: "Michael L Blood" <[EMAIL PROTECTED]>; Sent: Tuesday, April 08, 2008 1:07 PM Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's We're working on it, guys, we're working on it :) Greg Hupe wrote: "What I don't understand is why there are not more Europeans buying >> Meteorites from US dealers? With the Euro so strong against the dollar, >> what An opportunity." I was thinking the same exact thing! With the Dollar so low and the >> Moroccan "wholesale" pricing WAY, WAY high, any collectors outside of the >> US buying meteorites priced in "US" Dollars are getting a serious >> bargain, many serious bargains!!! -- > Mark's Meteorite Pages: http://meteorites.cc __ http://www.meteoritecentral.com Meteorite-list mailing list [EMAIL PROTECTED] http://six.pairlist.net/mailman/listinfo/meteorite-list __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
I don't think sales are slow at all. Especially material that sells for over 5,000 usd. Matt Morgan -- Matt Morgan Mile High Meteorites http://www.mhmeteorites.com P.O. Box 151293 Lakewood, CO 80215 USA -Original Message- From: "Rob Matson" <[EMAIL PROTECTED]> Date: Tue, 8 Apr 2008 10:16:28 To:"Meteorite List" Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's At least at the present time, the U.S. drives the meteorite market, which is why sales are slow. From a collecting standpoint, meteorites are and have always been a luxury item. Despite their rarity and scientific value, they do not have the liquidity of other commodities, so they cannot be used as a reliable hedge against inflation. (Wouldn't it be interesting if there was a futures market for meteorites? That would add some price stability.) If I was a dealer that depended on sales for my livelihood, I might consider making advertising inroads into emerging markets -- specifically China. Effective marketing there is likely to be quite different from that which works for Western consumers. Dave and Michael both mentioned the rise in the U.S. national debt which certainly has a negative effect on the purchasing power of the dollar. (As a humorous aside, I'm reminded of Saturday Night Live's Dennis Miller once asking, "Who do we owe this debt to? I say, 'let's just not pay it.' What are they going to do?" As for oil/gasoline, the real price is no higher than it was in the 1970s. Frankly, I don't quite understand how gasoline isn't over $6/gallon when you consider the comparative cost of a barrel of oil today (over $100) vs. say five years ago (less than $30). Dave wrote: "I think big oil is probably a good business to invest in at the moment...", to which I would say it's probably better than meteorites! But the truth is, anyone who owns mutual funds is already invested in oil. That's not to say you wouldn't want to press your position (I have been). As for the outcome of the fall elections having an impact on oil prices, I'd say it will be minimal. Oil is a global commodity whose price is fixed largely by demand, not U.S. politics. Cheers, Rob __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
Hi Mark, Mark wrote: "We're working on it, guys, we're working on it :)" We definately appreciate it!! Thank you! Best regards, Greg Greg Hupe The Hupe Collection NaturesVault (eBay) [EMAIL PROTECTED] www.LunarRock.com IMCA 3163 Click here for my current eBay auctions: http://search.ebay.com/_W0QQsassZnaturesvault - Original Message - From: "Mark Crawford" <[EMAIL PROTECTED]> To: "Greg Hupe" <[EMAIL PROTECTED]> Cc: "Michael L Blood" <[EMAIL PROTECTED]>; Sent: Tuesday, April 08, 2008 1:07 PM Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's We're working on it, guys, we're working on it :) Greg Hupe wrote: "What I don't understand is why there are not more Europeans buying Meteorites from US dealers? With the Euro so strong against the dollar, what An opportunity." I was thinking the same exact thing! With the Dollar so low and the Moroccan "wholesale" pricing WAY, WAY high, any collectors outside of the US buying meteorites priced in "US" Dollars are getting a serious bargain, many serious bargains!!! -- Mark's Meteorite Pages: http://meteorites.cc __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
At least at the present time, the U.S. drives the meteorite market, which is why sales are slow. From a collecting standpoint, meteorites are and have always been a luxury item. Despite their rarity and scientific value, they do not have the liquidity of other commodities, so they cannot be used as a reliable hedge against inflation. (Wouldn't it be interesting if there was a futures market for meteorites? That would add some price stability.) If I was a dealer that depended on sales for my livelihood, I might consider making advertising inroads into emerging markets -- specifically China. Effective marketing there is likely to be quite different from that which works for Western consumers. Dave and Michael both mentioned the rise in the U.S. national debt which certainly has a negative effect on the purchasing power of the dollar. (As a humorous aside, I'm reminded of Saturday Night Live's Dennis Miller once asking, "Who do we owe this debt to? I say, 'let's just not pay it.' What are they going to do?" As for oil/gasoline, the real price is no higher than it was in the 1970s. Frankly, I don't quite understand how gasoline isn't over $6/gallon when you consider the comparative cost of a barrel of oil today (over $100) vs. say five years ago (less than $30). Dave wrote: "I think big oil is probably a good business to invest in at the moment...", to which I would say it's probably better than meteorites! But the truth is, anyone who owns mutual funds is already invested in oil. That's not to say you wouldn't want to press your position (I have been). As for the outcome of the fall elections having an impact on oil prices, I'd say it will be minimal. Oil is a global commodity whose price is fixed largely by demand, not U.S. politics. Cheers, Rob __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
We're working on it, guys, we're working on it :) Greg Hupe wrote: "What I don't understand is why there are not more Europeans buying Meteorites from US dealers? With the Euro so strong against the dollar, what An opportunity." I was thinking the same exact thing! With the Dollar so low and the Moroccan "wholesale" pricing WAY, WAY high, any collectors outside of the US buying meteorites priced in "US" Dollars are getting a serious bargain, many serious bargains!!! -- Mark's Meteorite Pages: http://meteorites.cc __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
Dear List; I agree with Michael. It is a number of issues, one being U.S. debt and taxing makes money tight as does war. Another as Michael puts it is the cost of bread, milk, and eggs, and gasoline which the common folks need, and compete with the meteorite collector in for pricing. Meteorite collector: can I afford an extra $50 a week in energy, food, and other costs and continue to spend my normal amount on my collecting hobby? We Americans collect more than just meteorites. We also collect food and energy and historically at a disportinate rate to other civilized nations. Our food and energy costs are very high now, and intertwined deeply with each other. As other economies rise, the U.S. economy is equalizing, meaning we are in finincial decline. Less money is expendable to collect stamps, second and third cars, METEORITES, bread, milk,and eggs. This decline in business is not just in the meteorite sector. I think big oil is probably a good business to invest in at the moment, but with an election coming soon, maybe not so either. Thanks Michael for the comment. --- Michael L Blood <[EMAIL PROTECTED]> wrote: > on 4/8/08 6:44 AM, habibi abdelaziz at > [EMAIL PROTECTED] wrote: > > let's hope the dollar will be back high , if not > and the trend of the dollar > > continue this way ; we will have a closed market > in nwa.or an expenssive > > meteorite market. > Hi Aziz, > We have a strange shift going on in the US. > The Republican Party > Used to stand for "conservative" economic spending > by the government > And the Democratic Party had a reputation of "tax > and spend" on social > Programs. However, the past 15 years everything is > turning upside down. > Clinton brought the national debt down to "only" 1 > trillion $(from a > previous 4 when he took office). That made the > dollar strong. However, we > have had someone who was supposed to be a > "conservative" drive up the > national debt to over 7 TRILLION Dollars over the > last 7 years, and the > result is a very weak dollar. (this is quite easily > accomplished when you > cut taxes and expand spending) So much for "small > government" - though > We do "hire out" for some of the more important > functions. > Unfortunately, your comment about what will > happen if the dollar > Does not get stronger has already happened. It was > plain as day at the > Last Tucson Show. Prices were the highest I have > ever seen since the > Flood of African material started. Prices on much of > the historic material > was actually higher than before the NWA flood and, > of course, the NWA > Material is at an all time low in volume and high in > prices. > Someone actually complained that my auction > was "ruined" because > So many dealers were buying so much (actually, only > about 30%) that > They were outbidding collectors. The difference was > that the dealers SEE > What is happening - and when things are "cheaper" at > the auction than can > Be had "wholesale" they have to bid on it. Clearly, > many collectors are in > denial and just don't accept that market prices > bottomed out 2 years ago > And have been on the climb and that cline has > steepened the last year > Quite a bit. Before long, I don't think anything > will be available "cheaper" > Than it was at the height of the market 7 or 8 years > ago. Of course, bread, > Butter, rent and certainly gas are not nearly as > cheap as they were 8 years > Ago, either. > I just hope Clinton wasn't a one time > aberration and at least one of > the parties will be financially conservative! If the > government wants to > Spend $ they will have to tax to pay for it - or, do > what they have done the > Last 7 years and just print more, which MUST result > in a decline in the > Value of the dollar. You can't have it both ways - > they have been acting > like a 15 year old with a credit card. > What I don't understand is why there are not > more Europeans buying > Meteorites from US dealers? With the Euro so strong > against the dollar, what > An opportunity. > Any Europeans out there got an answer? > Best wishes, Michael > > > > 'Your living is determined not so much by what life > brings to you as by the > attitude you bring to life; not so much by what > happens to you as by the way > your mind looks at what happens.' --Kahlil Gibran > > > > > > __ > http://www.meteoritecentral.com > Meteorite-list mailing list > Meteorite-list@meteoritecentral.com > http://six.pairlist.net/mailman/listinfo/meteorite-list > Dave Freeman Freeman's Fossil Sales store front 527 N. Front Street Rock Springs, Wyoming You rock. That's why Blockbuster's offering you one month of Blockbuster Total Access, No Cost. http://tc.deals.yahoo.com/tc/blockbuster/text5.com __ http://www.meteo
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
Because the European dealers have had and did lower their prices to stay in business . Andi -Ursprüngliche Nachricht- Von: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Im Auftrag von Michael L Blood Gesendet: Dienstag, 8. April 2008 16:44 An: habibi abdelaziz; Meteorite List Betreff: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's on 4/8/08 6:44 AM, habibi abdelaziz at [EMAIL PROTECTED] wrote: > let's hope the dollar will be back high , if not and the trend of the dollar > continue this way ; we will have a closed market in nwa.or an expenssive > meteorite market. Hi Aziz, We have a strange shift going on in the US. The Republican Party Used to stand for "conservative" economic spending by the government And the Democratic Party had a reputation of "tax and spend" on social Programs. However, the past 15 years everything is turning upside down. Clinton brought the national debt down to "only" 1 trillion $(from a previous 4 when he took office). That made the dollar strong. However, we have had someone who was supposed to be a "conservative" drive up the national debt to over 7 TRILLION Dollars over the last 7 years, and the result is a very weak dollar. (this is quite easily accomplished when you cut taxes and expand spending) So much for "small government" - though We do "hire out" for some of the more important functions. Unfortunately, your comment about what will happen if the dollar Does not get stronger has already happened. It was plain as day at the Last Tucson Show. Prices were the highest I have ever seen since the Flood of African material started. Prices on much of the historic material was actually higher than before the NWA flood and, of course, the NWA Material is at an all time low in volume and high in prices. Someone actually complained that my auction was "ruined" because So many dealers were buying so much (actually, only about 30%) that They were outbidding collectors. The difference was that the dealers SEE What is happening - and when things are "cheaper" at the auction than can Be had "wholesale" they have to bid on it. Clearly, many collectors are in denial and just don't accept that market prices bottomed out 2 years ago And have been on the climb and that cline has steepened the last year Quite a bit. Before long, I don't think anything will be available "cheaper" Than it was at the height of the market 7 or 8 years ago. Of course, bread, Butter, rent and certainly gas are not nearly as cheap as they were 8 years Ago, either. I just hope Clinton wasn't a one time aberration and at least one of the parties will be financially conservative! If the government wants to Spend $ they will have to tax to pay for it - or, do what they have done the Last 7 years and just print more, which MUST result in a decline in the Value of the dollar. You can't have it both ways - they have been acting like a 15 year old with a credit card. What I don't understand is why there are not more Europeans buying Meteorites from US dealers? With the Euro so strong against the dollar, what An opportunity. Any Europeans out there got an answer? Best wishes, Michael 'Your living is determined not so much by what life brings to you as by the attitude you bring to life; not so much by what happens to you as by the way your mind looks at what happens.' --Kahlil Gibran __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
But they're already buying more than ever, the Europeans. Ask some other American dealers. Of course their purchases disperse on US- and European dealers likewise, because the European dealers can't ask more for their meteorites than their US-colleagues. So I think also most of the European offerers can report an increase of sales during the last years. -Ursprüngliche Nachricht- Von: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Im Auftrag von Greg Hupe Gesendet: Dienstag, 8. April 2008 17:04 An: Michael L Blood Cc: meteorite-list@meteoritecentral.com Betreff: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's Dear Michael and List, Michael wrote: "What I don't understand is why there are not more Europeans buying Meteorites from US dealers? With the Euro so strong against the dollar, what An opportunity." I was thinking the same exact thing! With the Dollar so low and the Moroccan "wholesale" pricing WAY, WAY high, any collectors outside of the US buying meteorites priced in "US" Dollars are getting a serious bargain, many serious bargains!!! Best regards, Greg Greg Hupe The Hupe Collection NaturesVault (eBay) [EMAIL PROTECTED] www.LunarRock.com IMCA 3163 Click here for my current eBay auctions: http://search.ebay.com/_W0QQsassZnaturesvault - Original Message - From: "Michael L Blood" <[EMAIL PROTECTED]> To: "habibi abdelaziz" <[EMAIL PROTECTED]>; "Meteorite List" Sent: Tuesday, April 08, 2008 10:44 AM Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's > on 4/8/08 6:44 AM, habibi abdelaziz at [EMAIL PROTECTED] wrote: >> let's hope the dollar will be back high , if not and the trend of the >> dollar >> continue this way ; we will have a closed market in nwa.or an expenssive >> meteorite market. > Hi Aziz, >We have a strange shift going on in the US. The Republican Party > Used to stand for "conservative" economic spending by the government > And the Democratic Party had a reputation of "tax and spend" on social > Programs. However, the past 15 years everything is turning upside down. > Clinton brought the national debt down to "only" 1 trillion $(from a > previous 4 when he took office). That made the dollar strong. However, we > have had someone who was supposed to be a "conservative" drive up the > national debt to over 7 TRILLION Dollars over the last 7 years, and the > result is a very weak dollar. (this is quite easily accomplished when you > cut taxes and expand spending) So much for "small government" - though > We do "hire out" for some of the more important functions. >Unfortunately, your comment about what will happen if the dollar > Does not get stronger has already happened. It was plain as day at the > Last Tucson Show. Prices were the highest I have ever seen since the > Flood of African material started. Prices on much of the historic material > was actually higher than before the NWA flood and, of course, the NWA > Material is at an all time low in volume and high in prices. >Someone actually complained that my auction was "ruined" because > So many dealers were buying so much (actually, only about 30%) that > They were outbidding collectors. The difference was that the dealers SEE > What is happening - and when things are "cheaper" at the auction than can > Be had "wholesale" they have to bid on it. Clearly, many collectors are in > denial and just don't accept that market prices bottomed out 2 years ago > And have been on the climb and that cline has steepened the last year > Quite a bit. Before long, I don't think anything will be available > "cheaper" > Than it was at the height of the market 7 or 8 years ago. Of course, > bread, > Butter, rent and certainly gas are not nearly as cheap as they were 8 > years > Ago, either. >I just hope Clinton wasn't a one time aberration and at least one > of > the parties will be financially conservative! If the government wants to > Spend $ they will have to tax to pay for it - or, do what they have done > the > Last 7 years and just print more, which MUST result in a decline in the > Value of the dollar. You can't have it both ways - they have been acting > like a 15 year old with a credit card. >What I don't understand is why there are not more Europeans buying > Meteorites from US dealers? With the Euro so strong against the dollar, > what > An opportunity. >Any Europeans out there got an answer? >Best wishes, Michael > > > > 'Your living is determi
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's - OT
It will take generations to undo the mess the chimp has created. And you want to know the sad thing? Whoever has to raise taxes to pay off this credit card that Bush has run up or rebuild the broken military will shoulder all the blame and not get re-elected. That assumes that he/she could start a term without the gift that keeps on "TAKING" from Bush (Iraq War). http://www.youtube.com/watch?v=aizz0o9fPWU Howard Steffic > Date: Tue, 8 Apr 2008 07:44:18 -0700 > From: [EMAIL PROTECTED] > To: [EMAIL PROTECTED]; meteorite-list@meteoritecentral.com > Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's > > on 4/8/08 6:44 AM, habibi abdelaziz at [EMAIL PROTECTED] wrote: >> let's hope the dollar will be back high , if not and the trend of the dollar >> continue this way ; we will have a closed market in nwa.or an expenssive >> meteorite market. > Hi Aziz, > We have a strange shift going on in the US. The Republican Party > Used to stand for "conservative" economic spending by the government > And the Democratic Party had a reputation of "tax and spend" on social > Programs. However, the past 15 years everything is turning upside down. > Clinton brought the national debt down to "only" 1 trillion $(from a > previous 4 when he took office). That made the dollar strong. However, we > have had someone who was supposed to be a "conservative" drive up the > national debt to over 7 TRILLION Dollars over the last 7 years, and the > result is a very weak dollar. (this is quite easily accomplished when you > cut taxes and expand spending) So much for "small government" - though > We do "hire out" for some of the more important functions. > Unfortunately, your comment about what will happen if the dollar > Does not get stronger has already happened. It was plain as day at the > Last Tucson Show. Prices were the highest I have ever seen since the > Flood of African material started. Prices on much of the historic material > was actually higher than before the NWA flood and, of course, the NWA > Material is at an all time low in volume and high in prices. > Someone actually complained that my auction was "ruined" because > So many dealers were buying so much (actually, only about 30%) that > They were outbidding collectors. The difference was that the dealers SEE > What is happening - and when things are "cheaper" at the auction than can > Be had "wholesale" they have to bid on it. Clearly, many collectors are in > denial and just don't accept that market prices bottomed out 2 years ago > And have been on the climb and that cline has steepened the last year > Quite a bit. Before long, I don't think anything will be available "cheaper" > Than it was at the height of the market 7 or 8 years ago. Of course, bread, > Butter, rent and certainly gas are not nearly as cheap as they were 8 years > Ago, either. > I just hope Clinton wasn't a one time aberration and at least one of > the parties will be financially conservative! If the government wants to > Spend $ they will have to tax to pay for it - or, do what they have done the > Last 7 years and just print more, which MUST result in a decline in the > Value of the dollar. You can't have it both ways - they have been acting > like a 15 year old with a credit card. > What I don't understand is why there are not more Europeans buying > Meteorites from US dealers? With the Euro so strong against the dollar, what > An opportunity. > Any Europeans out there got an answer? > Best wishes, Michael > > > > 'Your living is determined not so much by what life brings to you as by the > attitude you bring to life; not so much by what happens to you as by the way > your mind looks at what happens.' --Kahlil Gibran > > > > > > __ > http://www.meteoritecentral.com > Meteorite-list mailing list > Meteorite-list@meteoritecentral.com > http://six.pairlist.net/mailman/listinfo/meteorite-list _ More immediate than e-mail? Get instant access with Windows Live Messenger. http://www.windowslive.com/messenger/overview.html?ocid=TXT_TAGLM_WL_Refresh_instantaccess_042008 __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
Dear Michael and List, Michael wrote: "What I don't understand is why there are not more Europeans buying Meteorites from US dealers? With the Euro so strong against the dollar, what An opportunity." I was thinking the same exact thing! With the Dollar so low and the Moroccan "wholesale" pricing WAY, WAY high, any collectors outside of the US buying meteorites priced in "US" Dollars are getting a serious bargain, many serious bargains!!! Best regards, Greg Greg Hupe The Hupe Collection NaturesVault (eBay) [EMAIL PROTECTED] www.LunarRock.com IMCA 3163 Click here for my current eBay auctions: http://search.ebay.com/_W0QQsassZnaturesvault - Original Message - From: "Michael L Blood" <[EMAIL PROTECTED]> To: "habibi abdelaziz" <[EMAIL PROTECTED]>; "Meteorite List" Sent: Tuesday, April 08, 2008 10:44 AM Subject: Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's on 4/8/08 6:44 AM, habibi abdelaziz at [EMAIL PROTECTED] wrote: let's hope the dollar will be back high , if not and the trend of the dollar continue this way ; we will have a closed market in nwa.or an expenssive meteorite market. Hi Aziz, We have a strange shift going on in the US. The Republican Party Used to stand for "conservative" economic spending by the government And the Democratic Party had a reputation of "tax and spend" on social Programs. However, the past 15 years everything is turning upside down. Clinton brought the national debt down to "only" 1 trillion $(from a previous 4 when he took office). That made the dollar strong. However, we have had someone who was supposed to be a "conservative" drive up the national debt to over 7 TRILLION Dollars over the last 7 years, and the result is a very weak dollar. (this is quite easily accomplished when you cut taxes and expand spending) So much for "small government" - though We do "hire out" for some of the more important functions. Unfortunately, your comment about what will happen if the dollar Does not get stronger has already happened. It was plain as day at the Last Tucson Show. Prices were the highest I have ever seen since the Flood of African material started. Prices on much of the historic material was actually higher than before the NWA flood and, of course, the NWA Material is at an all time low in volume and high in prices. Someone actually complained that my auction was "ruined" because So many dealers were buying so much (actually, only about 30%) that They were outbidding collectors. The difference was that the dealers SEE What is happening - and when things are "cheaper" at the auction than can Be had "wholesale" they have to bid on it. Clearly, many collectors are in denial and just don't accept that market prices bottomed out 2 years ago And have been on the climb and that cline has steepened the last year Quite a bit. Before long, I don't think anything will be available "cheaper" Than it was at the height of the market 7 or 8 years ago. Of course, bread, Butter, rent and certainly gas are not nearly as cheap as they were 8 years Ago, either. I just hope Clinton wasn't a one time aberration and at least one of the parties will be financially conservative! If the government wants to Spend $ they will have to tax to pay for it - or, do what they have done the Last 7 years and just print more, which MUST result in a decline in the Value of the dollar. You can't have it both ways - they have been acting like a 15 year old with a credit card. What I don't understand is why there are not more Europeans buying Meteorites from US dealers? With the Euro so strong against the dollar, what An opportunity. Any Europeans out there got an answer? Best wishes, Michael 'Your living is determined not so much by what life brings to you as by the attitude you bring to life; not so much by what happens to you as by the way your mind looks at what happens.' --Kahlil Gibran __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
on 4/8/08 6:44 AM, habibi abdelaziz at [EMAIL PROTECTED] wrote: > let's hope the dollar will be back high , if not and the trend of the dollar > continue this way ; we will have a closed market in nwa.or an expenssive > meteorite market. Hi Aziz, We have a strange shift going on in the US. The Republican Party Used to stand for "conservative" economic spending by the government And the Democratic Party had a reputation of "tax and spend" on social Programs. However, the past 15 years everything is turning upside down. Clinton brought the national debt down to "only" 1 trillion $(from a previous 4 when he took office). That made the dollar strong. However, we have had someone who was supposed to be a "conservative" drive up the national debt to over 7 TRILLION Dollars over the last 7 years, and the result is a very weak dollar. (this is quite easily accomplished when you cut taxes and expand spending) So much for "small government" - though We do "hire out" for some of the more important functions. Unfortunately, your comment about what will happen if the dollar Does not get stronger has already happened. It was plain as day at the Last Tucson Show. Prices were the highest I have ever seen since the Flood of African material started. Prices on much of the historic material was actually higher than before the NWA flood and, of course, the NWA Material is at an all time low in volume and high in prices. Someone actually complained that my auction was "ruined" because So many dealers were buying so much (actually, only about 30%) that They were outbidding collectors. The difference was that the dealers SEE What is happening - and when things are "cheaper" at the auction than can Be had "wholesale" they have to bid on it. Clearly, many collectors are in denial and just don't accept that market prices bottomed out 2 years ago And have been on the climb and that cline has steepened the last year Quite a bit. Before long, I don't think anything will be available "cheaper" Than it was at the height of the market 7 or 8 years ago. Of course, bread, Butter, rent and certainly gas are not nearly as cheap as they were 8 years Ago, either. I just hope Clinton wasn't a one time aberration and at least one of the parties will be financially conservative! If the government wants to Spend $ they will have to tax to pay for it - or, do what they have done the Last 7 years and just print more, which MUST result in a decline in the Value of the dollar. You can't have it both ways - they have been acting like a 15 year old with a credit card. What I don't understand is why there are not more Europeans buying Meteorites from US dealers? With the Euro so strong against the dollar, what An opportunity. Any Europeans out there got an answer? Best wishes, Michael 'Your living is determined not so much by what life brings to you as by the attitude you bring to life; not so much by what happens to you as by the way your mind looks at what happens.' --Kahlil Gibran __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
While US customers might be slowing down, other countries may have been increasing. Many of the other currencies are up considerably like the Canadian, Australian, New Zealand, Euro, etc. Markets and circumstances change... they always have... they always will. For example, 6-7 years ago Unclassified NWA's sold for say $3/g+ on eBay. At that time the Australian Dollar was worth about US$0.49. Today it's worth $0.93 and holding strong. And those same quality meteorites can sell for US$0.10/g now. That's means today, a 9g meteorite costs me ~AUS$1 whereas 6 years ago it may have cost me AUS$50+. Clearly, that's a very simplified view of it but I guess what I'm trying to say (in this late hour;-)) is that the market is what it is and people will pay what they feel comfortable to pay. That is the basic truth of it. Cheers, Jeff - Original Message - From: "habibi abdelaziz" <[EMAIL PROTECTED]> To: "meteorite list" Sent: Tuesday, April 08, 2008 11:44 PM Subject: [meteorite-list] Effect of fall of dollar against Euro/ dirham's hi all , considering the fall of the dollar , the nwa market is affected by the dollar rate, as a fact we buy meteorite in an expenssive euro from all africa, and with a high dirhams; and we have to sell to the biggest market that is , usa and canada, as all the collector may observe , there is two month that morrocan dealer slow sales , because of the rate of the dollar, many dealer coming from tucson show lost in the rates exchange, let's hope the dollar will be back high , if not and the trend of the dollar continue this way ; we will have a closed market in nwa.or an expenssive meteorite market. the dollar was last year 8.9 dirhams and today the dollar is 7.1 dirhams.that's 20% losses. my best aziz habibi habibi aziz box 70 erfoud 52200 morroco phone. 21235576145 fax.21235576170 _ Envoyez avec Yahoo! Mail. Une boite mail plus intelligente http://mail.yahoo.fr __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
[meteorite-list] Effect of fall of dollar against Euro/ dirham's
hi all , considering the fall of the dollar , the nwa market is affected by the dollar rate, as a fact we buy meteorite in an expenssive euro from all africa, and with a high dirhams; and we have to sell to the biggest market that is , usa and canada, as all the collector may observe , there is two month that morrocan dealer slow sales , because of the rate of the dollar, many dealer coming from tucson show lost in the rates exchange, let's hope the dollar will be back high , if not and the trend of the dollar continue this way ; we will have a closed market in nwa.or an expenssive meteorite market. the dollar was last year 8.9 dirhams and today the dollar is 7.1 dirhams.that's 20% losses. my best aziz habibi habibi aziz box 70 erfoud 52200 morroco phone. 21235576145 fax.21235576170 _ Envoyez avec Yahoo! Mail. Une boite mail plus intelligente http://mail.yahoo.fr __ http://www.meteoritecentral.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
