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Posts by "gunjack"

1237 Posts Total by "gunjack":
1178 Posts by member
Gunjack
(London, United Kingdom)
59 Posts by Anonymous "gunjack":
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 8, 2009 13:53
Have to agree with a comment made by Said, the atmosphere in the credit mkts will def determine the direction of the mkts in the next few weeks. And the atmosphere there doesn't eem all doom and gloom...we could see 1.45 eurusd and OIL re-testing highs soon
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 8, 2009 13:43
As per usual after a G20 meeting assets go up...Same thing happened in march
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 8, 2009 13:16
Knowing GS their prop desk is prob on the other side shorting the hell out of WTI
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 8, 2009 13:16
Goldman Sachs says oil demand has improved in US and Europe; reiterates USD 85 per barrel year end forecast for WTI oil
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 7, 2009 18:30
Moe I saw this comment on the v good oil blog - Oil Drum. IMO that analysis is insane..$200 oil!?!?! It seems to be concentrating purely on the supply side and peak oil theory. It doesn't seem to take demand into acct....$200 oil would be untenable...for most 1st world nations and a disaster for the 3rd world
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 7, 2009 15:46
Interesting comment from CIBC

"Jeff Rubin at CIBC World Markets in Canada predicts $200/bbl coming very soon. He correctly predicted the price of oil reaching $50 in 2005 and $100 in 2007. The year 1966 was the peak for discovery of new oil fields. Production declines by 4 million bbl/day/year because of depletion. The industry must discover reserves over the next 5 years that will add 20 million bbl/day of capacity. A new oil sand project in Canada can carry a price tag of $90/bbl. Demand/depletion will push up price."
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 6, 2009 15:22
V amusing comments being posted here over the last few days!!

FX Handler what are your views on USDNOK....Im playing a convergence trade b/ween NOK and CAD against the USD. NOK is v volatile though...moves +/- 400 pips on a daily basis now...My view is med term NOK will get stronger due to Norwegian econ being in better shape than competitors
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 4, 2009 13:19
Azza IMHO this is the time to short Gold for a short term play. Last night it reached a peak of $999 oz but is pulling back since then.

Asad I'm hearing many ppl talk about natty gas...general consensus is that we could see it going below $2 per mln BTU as new liquefied supplies hit the market
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 3, 2009 19:14
Hey Bill I've initiated a short gold trade too for a quick play...I have a feeling 1000 could be kissed followed by a pullback
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 3, 2009 17:00
Hi Ashraf - With spot gold hitting 993, and as per your twitter comment about centbanks not allowing 1000+ gold...would you say this is a good shorting opp in Gold?

Thnks
Gunjack