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Posts by "partisan"

43 Posts by member
partisan
(London, United Kingdom)
partisan
London, UK
Posts: 43
14 years ago
Dec 16, 2009 16:33
Apologies, again, for my ignorance but what is 'sprint' re Ashraf's comments on the JPY on Dec 11th? Can anyone enlighten me?

John
partisan
London, UK
Posts: 43
14 years ago
Dec 12, 2009 9:07
Ashraf - Apologies for my ignorance but what time frame do you imply by 'intermediate' and what do you mean by 'sprint'? And do you have any thoughts on USD recovery and duration?

Best,

John
partisan
London, UK
Posts: 43
14 years ago
Dec 11, 2009 12:02
Ashraf - do you see the JPY trending up or down in next 1-3 months given reports of Japanese authorities anxieties about the strength of their currency? Would it be advisable now to have a balance on USD (and gold/silver) as risk averse currencies in impending difficult times in 2010?

If you have the time to answer many thanks,

John
partisan
London, UK
Posts: 43
14 years ago
Dec 8, 2009 22:17
Speculator - I'm a little circumspect about Elliott Wave, having held off buying precious metals (when Gold was at $850-950 over the summer) on their repeated forecasts of looming multi-month USD rise and collapse in Gold to $650, these forecasts often suggesting such moves to be imminent.

John
partisan
London, UK
Posts: 43
14 years ago
Dec 5, 2009 10:15
Ashraf - Do you see Friday's substantial USD rise as being the result of concerted international intervention by the authorities vis-a-vis Gold's recent ascent and/or other factors? Could it be the tipping point/trigger for desertion from the USD by the carry trade (into the JPY) or is it just a blip, with JPY to resume having the edge over USD as per your previous recent postings? If the carry trade moves out of the USD could this provoke large falls in Wall St and other markets? In such an eventuality would you see Gold and Silver having a substantial pullback (ie. more than 15%) and damaging consequences for your previous positive projections for the next 3-6 months? And, finally, where do you see the NOK in all this?

Your thoughts on all this and other the implications of Friday's moves would, as ever, be outstandingly valuable.

With many thanks,

John
partisan
London, UK
Posts: 43
15 years ago
Oct 23, 2009 9:56
Ashraf - is today's falling JPY just temporary? What do you make of talk of it being due for a big fall? What reasons do you see for buying JPY against USD, GBP and other currencies?
With many thanks as ever,
John
partisan
London, UK
Posts: 43
15 years ago
Oct 12, 2009 21:39
Ashraf - Very, very many thanks for your enormously valuable and generous advice and apologies for not having turned to your webinar being not, as yet, a trader, just on the nursery slopes.

John
partisan
London, UK
Posts: 43
15 years ago
Oct 11, 2009 21:28
Ashraf - Many thanks for your amazingly prompt reply! Given Japan's economic problems what is the JPY's appeal? The Merk Hard Currency Fund's biggest holding is in Euros on basis of the Eurozone's relatively conservative economic policies yet its banks are even more exposed to toxic debt than the US counterparts. Where do you stand on the Euro as a haven hard currency. And would you rate Silver as a good alternative to Gold as a hard currency haven?

John
partisan
London, UK
Posts: 43
15 years ago
Oct 11, 2009 15:35
Ashraf - do you still see JPY as a safe haven currency in case of markets crack-up? Or does the USD seem best best both for this eventuality and, as you've previously suggested, as a short-term hold? In case of latter would precious metals then be your following option in face of projected subsequent USD decline?

Many thanks,

John
partisan
London, UK
Posts: 43
15 years ago
Jun 13, 2009 10:52
Ashraf -

Apolgies for not including the CAD in my last email re refuge currencies and recovery currencies. Your thoughts on its prospects in both of these instances would also be most helpful.

The CAD is also a alrge holding of Merk's.

Many thanks,

John