reef Posted December 23, 2005 Report Share Posted December 23, 2005 Got word that corals/fish prices have increased. Some wholesalers overseas have increased prices by 100%. So all the nice hammer corals ,torch corals will be far more expensive in the future. Since the big increasing fuel here(almost 100% increasing) Quote Link to comment Share on other sites More sharing options...
wasp Posted December 23, 2005 Report Share Posted December 23, 2005 Hmmmm........ Maybe I better not be to hasty shutting down my frag setup I've found at current pricing levels, it's not possible to compete on price by aquaculturing in a tank. What's caused this Reef? Is it certain fish/corals, or across the board? Quote Link to comment Share on other sites More sharing options...
reef Posted December 23, 2005 Author Report Share Posted December 23, 2005 fuel cost was the answer i got. Will see what the effect is over the next few months. I quess we are lucky the USD is still good, but looks like the USD is going to fall. Quote Link to comment Share on other sites More sharing options...
wasp Posted December 23, 2005 Report Share Posted December 23, 2005 Yes a big US investment house has recommended a SELL on the NZ$, saying it is 20% overvalued. Just for those interested, they have recommeneded a BUY, on the Brazilian real, ( I think it's called ) which they believe currently one of the most undervalued currencies. Quote Link to comment Share on other sites More sharing options...
Ira Posted December 23, 2005 Report Share Posted December 23, 2005 Interesting, the numbers I can see for california put it currently at 20% increase from 3 years ago. Less than that if you take inflation into account. http://www.californiagasprices.com/retail_price_chart.aspx Here we go. According to this one http://www.energy.ca.gov/gasoline/statistics/gasoline_cpi_adjusted.html to get a 100% increase in cost adjusted for inflation you have to go back to Err...Actually, I can't find any time where the annual average was $1.19, but the closest was 1972. Not adjusted for inflation, it would be 1992. Quote Link to comment Share on other sites More sharing options...
slappers Posted December 23, 2005 Report Share Posted December 23, 2005 just as i want to fill my tank up with coral and fish :evil: always happens Quote Link to comment Share on other sites More sharing options...
reef Posted December 23, 2005 Author Report Share Posted December 23, 2005 just as i want to fill my tank up with coral and fish always happens Not all fish/coral is to increase, mainly coral/fish form some countries of export. Price increase Is not going to happen overnight but will be over the next few months. Quote Link to comment Share on other sites More sharing options...
chimera Posted December 23, 2005 Report Share Posted December 23, 2005 funny how nzl petrol price is never correctly reflected when petrol in the states and other countries drops. nzl govt hoarding tax revenue off commuters. it sux - literally. Quote Link to comment Share on other sites More sharing options...
reef Posted December 24, 2005 Author Report Share Posted December 24, 2005 Lucky that livestock prices have not gone up the way house prices have. Just cant believe some of the prices. Quote Link to comment Share on other sites More sharing options...
Duke Posted December 24, 2005 Report Share Posted December 24, 2005 Well on the investment front I brought gold futures at $390 / ounce and gold is going to the moon over the next 10years. US $ is not in good heath and they are priniting the stuff like water which is not good for the US$ and all other currenies want to be cheap also. $1600 + Gold Quote Link to comment Share on other sites More sharing options...
wasp Posted December 24, 2005 Report Share Posted December 24, 2005 Where'd you get your info Duke? I'm holding stock in Golden Star, a US owned goldminer that is not doing to good at the moment I was about to dump them at a loss. Gold 1600+ ? That would solve things But how did you get the info? Quote Link to comment Share on other sites More sharing options...
Duke Posted December 24, 2005 Report Share Posted December 24, 2005 Spend some time studing charts and looking at cycles. Also look up the name Gann. Oh look at a monthly chart of gold and you will see it is making new tops and bottom for a long time now. Can't argue with fact. $1600 well that is just a forcast but a view of many. Would not buy the dow for all the money in china. http://www.36south.com/funds/regent-fund.htm Great leverage Quote Link to comment Share on other sites More sharing options...
wasp Posted December 24, 2005 Report Share Posted December 24, 2005 Ha Ha, yes I know a bit about Gann, even written my own version of some of his indicators in my computer. What do you do, trade metals or something? "Would not buy the Dow for all the money in China" Ha Ha, very insightful, in more ways than one! Quote Link to comment Share on other sites More sharing options...
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