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Posts by "asad"
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Posts by Anonymous "asad":
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Deflationary Bitcoin صلابة بيتكوين
How bitcoin halving reduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
With you folks. Good time to short oil at this level...but I'm sitting this market out for the moment (as previously decided).
Asad
Yet again, you make an acute point. Agree graciously! But did I say anything about gold? In fact, I believe that gold WILL be the only survivor of the crash!
By nature, I should be short oil...but I s/how wish to be a spectator (rather than speculator) of the carnage to follow! I'll reload as per the circumstances...and take it long.
Asad
What the hell is this?! And trust me...they won't give us a chance to get out! Just stay out of the market & try to secure the bottom - this could well be the punt of a lifetime...
Asad
Asad
P.S. Catnip...mother of all: it is now clearly clear that we're heading for a DD recession! It's MORE of a question of when, than if. What do you think?
I don't know about Catnip's friend's analysis...but what I've seen in today's Dow, S&P, gold, oil, Euro - the volitility & subsequent collapse (VIX 36!) - points towards an impending bloodbath...as early as tomorrow! Add to this Europe's disagreement over austerity measures & the German shorts ban...and we have the perfect Hitchcock thriller (w/ only the result foreseen).
I'm grateful for all the money that the market has given me in the recent months. I'm backing myself to sit out this bloodbath in patience...and (hopefully) reenter in a few weeks time.
Call it contradiction or indecision...but I might be a winning loser than a losing winner! Through the eve, I've traded (manually) and cut my entire position by about 85% of what it was yesterday. I'm in the market now only as a formality...and to keep in touch w/ you guys. ;)
O/wise, look at the volumes (good in falling) & look at the liquidity. I may be proven wrong...but I'll be happier if I can keep in earnings intact. G'luck!
Asad
Lucky, Chloe, Gunjack, Catnip...are you guys partying?
Asad
Asad
Yes, it WILL eventually go to 75...but not before breaching 70. Well, I came to write a bit late...but I had this belief when oil was 'floating' at 73.
Lucky mate...you may even get your 68. I sold some of the May contract near 72...now I'm collecting again.
Hope to join you under 70.. ;)
Asad
Ashraf's call on JPY is like Barcelona playing at the Nou Camp!
Asad
It's premature to comment on Lucky's bet. Oil's drop today is a mere reaction to USD's strength. The innate strength of crude remains intact, in my view.
If oil remains around 68 tomorrow morning, I mayyyyy open another thin long.
- Oil's going to rebound above 70 sooner than later as strength continues in economies beyoooooooooooond Europe *sarcastic*
- DXY will be falling below 87 again as markets are calmed by some European initiative
- Sanctions could be imposed on Iran by tomorrow
- S. Korea is to formally blame N. Korea for sinking its vessel last month, sparking further tensions
- The BP oil spill is being grossly miscalculated...and in my view, unfairly priced by the market
Ofcourse, the above are all assumptions favoring oil...but equally disfavorable could be PBoC's rate increase! But makes one think that geopolitical scenario is more favoring crude than anything.
While only time will tell, I reiterate my position this time to be longer term. Like none allowed major banks to failed during the corporate financial crisis...none will allow countries to fail during this sovereign financial crisis...
Asad