[meteorite-list] Effect of fall of dollar against Euro/ dirham's

From: Michael Farmer <meteoriteguy_at_meteoritecentral.com>
Date: Tue, 8 Apr 2008 13:24:10 -0700 (PDT)
Message-ID: <793135.49125.qm_at_web33105.mail.mud.yahoo.com>

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 <asineops at yahoo.com> 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 <mlblood at cox.net> wrote:
>
> > on 4/8/08 6:44 AM, habibi abdelaziz at
> > azizhabibi at yahoo.com 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 at 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
>
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Received on Tue 08 Apr 2008 04:24:10 PM PDT


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