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

From: Martin Altmann <altmann_at_meteoritecentral.com>
Date: Tue, 8 Apr 2008 17:15:01 +0200
Message-ID: <00c201c8998b$51cbbe30$177f2a59_at_name86d88d87e2>

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.




-----Urspr?ngliche Nachricht-----
Von: meteorite-list-bounces at meteoritecentral.com
[mailto:meteorite-list-bounces at meteoritecentral.com] Im Auftrag von Greg
Hupe
Gesendet: Dienstag, 8. April 2008 17:04
An: Michael L Blood
Cc: meteorite-list at 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)
gmhupe at htn.net
www.LunarRock.com
IMCA 3163
====================
Click here for my current eBay auctions:
http://search.ebay.com/_W0QQsassZnaturesvault



----- Original Message -----
From: "Michael L Blood" <mlblood at cox.net>
To: "habibi abdelaziz" <azizhabibi at yahoo.com>; "Meteorite List"
<meteorite-list at meteoritecentral.com>
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 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
>
>
>
>
>
> ______________________________________________
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>


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Received on Tue 08 Apr 2008 11:15:01 AM PDT