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Posts by "mikestiller"

9 Posts by member
mikestiller
(New York, United States)
mikestiller
New York, United States
Posts: 9
10 years ago
May 4, 2010 0:44
Ashraf,

Can you provide some insight into the decoupling of UST's and the Yen. It seems like the once correlated assets have decided to march to the beat of their own drum. Is the yen starting to price in potential currency/sovereign issues, bonds acting as flight to safety from US equities and Greece, or is there a larger issue here?

Thanks
mikestiller
New York, United States
Posts: 9
11 years ago
Jun 23, 2009 14:00
Monthly generic gold contract reduces all the noise. We have been and still are in consolidation mode since late 2007. Looks like to me we are setting up for a big move UP in the months ahead. Gold has a track record of infuriating both longs and shorts alike. Just my opinion.
mikestiller
New York, United States
Posts: 9
11 years ago
Jun 23, 2009 13:03
Thoughts on gold?
mikestiller
New York, United States
Posts: 9
11 years ago
May 9, 2009 23:26
Per your twitter gold post. I tend to believe gold has been manipulated for years and continues to be manipulated (more so the last week or so). I think there is a large overseas buyer (could be foreign like China, Russia, etc). The fact that the seller cannot force it lower is a testament to how bid the product is. You mentioned GS and JPM last week as large call buyers, I'm guessing they have over lent gold and need to cover themselves via calls. Take a read of my gold post on my blog when you have a chance. Thanks for the great work.http://sensicalgibberish.blogspot.com/2009/05/worth-its-weight-in-gold.html

Mike
mikestiller
New York, United States
Posts: 9
11 years ago
May 7, 2009 14:30
Also, do you think what ECB is doing can be considered QE? Trichet says "we are not embarking on quantitative easing." Just curious on your thoughts. Thanks
mikestiller
New York, United States
Posts: 9
11 years ago
May 7, 2009 13:15
Do you supposed JPM and GS are stuck short gold and silver by overlending it. Buying calls to make up naked exposure? Thanks
mikestiller
New York, United States
Posts: 9
11 years ago
May 4, 2009 16:43
Ashraf,

Is there a level you are watching on US 10 and 30 years which are "game changers" for gold and SPX? I guess I am looking for a level in yields in which equity buyers start to get concerned, reflation vs. inflationary feelings. Thanks
mikestiller
New York, United States
Posts: 9
11 years ago
Mar 24, 2009 0:36
thanks for the response. Also, what relationship do you link CRB related currencies such as CAD and AUD to global equity markets? Can these outperform in a vacuum of slumping equity markets? Thanks
mikestiller
New York, United States
Posts: 9
11 years ago
Mar 21, 2009 18:57
With the DXY index reaching $89.60 (a 38% retracement from the lows in summer of 2008 at $71 and the highs of $120 in 2002) what do you foresee in the medium term? A move to 93-95 keeps the bear market intact, but over that could prove to be a game changer. Also, is there a scenario where you see the dollar falling vs hard assets such as precious metals, base metals, and energy and less so vs. the pairs (euro, yen, pound, etc). Also, do you have a target on gold and oil 6 months+ out.

Thanks