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70 Posts Total by "raulin":
64 Posts by member
raulin
(london, United Kingdom)
6 Posts by Anonymous "raulin":
 
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raulin
london, UK
Posts: 65
15 years ago
Jun 21, 2009 17:36
In Thread: Exiting the Exit Strategy
Ashraf, forward looking as you know can mean 5,10 or even 20 yrs what is not clear is what is going to happen in the next year or 2. If you sell the dollar you have to buy something else ..I don't think anyone would argue that Germany is driving force of eurozone and their economy is looking every bit as sickly as Japan's and their fall in GDP is worse than US. Is this simplistic? So where is their recovery going to come from when they have no domestic demand? It makes me laugh when people justify GBP/USD rise on UK improving sentiment indicators with manipulated retail sales and rising unemployment . Pound rose because it was oversold and worse performiong currency of 2008. The simplisting assumption is decoupling of the world economies.
raulin
london, UK
Posts: 65
15 years ago
Jun 14, 2009 14:12
In Thread: Where will EURUSD close by end of June?
Ahraf . Did you pick up on the IMF comment about "substantially increase the IMF capacity for concessional lending through the sale of gold or other means, consistent with the new income model, and we encourage the Fund to explore the scope for increased concessionality to low-income countries". IMF has a lot of gold and has to generate income for funding.Also it has been commented by on that they have plans to sell some of their reserves in the not too distant future, so why should you talk down the price of something you are trying to sell , though maybe the quantities are too small to move the markets in a big way? Geithner is in China now maybe he is offfering them the cheap gold ..cheap that is of you think gold goes to $1600/oz! It is hard to believe US govt favours weaker dollar with all that that they owe in dollars.
raulin
london, UK
Posts: 65
15 years ago
Jun 14, 2009 13:56
In Thread: Where will EURUSD close by end of June?
VOTE:$1.37-1.45

Difficult to see it topping 1.45 short term, might get down to monthly S1 at 1.3490 but would pick up lot of buyers there.
raulin
london, UK
Posts: 65
15 years ago
May 1, 2009 17:55
In Thread: How low will GBPUSD go in May?
VOTE:Below $1.41

Have people not noticed we have no direction in any trading currency except maybe for flavour du jour AUD and CAD ? So you buy at the bottom and sell at the top. Dollar is dead when inflation comes and you can't flog treasuries ..but you actually believe in the euro with zero leadership no political union and moribund econmoies like Ireland and Spain?
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