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Posts by "speculator"

804 Posts Total by "speculator":
22 Posts by member
SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 13, 2009 20:13
gold has very limited upside potential beyond despite what gold obsession hoarding bugs say. it will also make a poor long term investment at these levels.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 13, 2009 20:10
please refer to long term gold price charts. it is a terrible hedge against inflation. its a better hedge against monetary collapse, and a falling dollar. a falling dollar though would not necessary cause general inflation apart from obvious oil inflation.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 13, 2009 18:08
whilst low oil prices are good for economic recovery, it will trigger immediate risk aversion trades and a higher dollar which will likely feed through to global recovery in markets later as we got in march.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 13, 2009 0:41
but the question is, will BoJ come in and sell the yen to devalue? thats why i expect the yen to initially be the biggest gainer and then the dollar.

we need to see china drift lower to see money come back to us dollar cash for its strength to highten, brics general sell off is not sufficient.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 13, 2009 0:03
i wanted ashraf's opinion
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 11, 2009 18:08
If equities keep closing lower, the Yen is likely to be the initial beneficiary of strength followed by the dollar. The yen is looking rather expensive and it will come to a point where traders will not be prepared to go long Yen as upside would look less probable.

SPECULATOR
LONDON, UK
Posts: 17
15 years ago
Jul 11, 2009 14:18
yes usdjpy will certainly fall further in the shorty term as it is currently a highly fashionable risk aversion trade.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 22:54
ashraf, i can see but the cable net shorts are still intact unlike euro/dollar that has changed recently
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 22:07
ashraf, 1.75 is very very cable bullish compared to your very recent limitations for the a cable rally.

looking at your futures graphs there seems to be good insight as for coming trends based on net positions.

thanks
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 21:41
ashraf,

thanks for your interesting chart.

have you got the latest for cable as i would like to see the position as of last week if possible.

thanks