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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 8, 2011 11:30
sure that spells trouble for gold ( and stocks)
Carlco
bristol, UK
Posts: 151
13 years ago
Aug 8, 2011 11:01
anyone have any thoughts on this ? hft s&p liquidity depth being strangled, http://on.ft.com/peiowa
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 10:52
1770 is next target for gold = 123.6% projection of 1479/1715.. getting to that surely would pull silver to at least 45:-)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 8, 2011 9:07
added to gold short options and bought silver short options and added to brent and wti shorts..
I bet on a FED surprise... ruling out QE3
the FED takes into account more stock losses that will drive UST and USD, to sell their UST assets.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 6:42
gold target done!.. all eyes on silver now:-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 5:43
sorry again.. Ashraf calls 47 in august not 45 (i called 45 not so long ago)

i like to add that i love Ashraf's gold:silver ratio work and i've been trading silver using it..

July 26, 2011 18:43 ET Member since Mar 2009
another perspective on silver.. will gold lead then?.. perhaps move to 1650-1700 in gold before 45 in silver..

"..UBS precious metals analyst Edel
Tully says the gold:silver ratio "appears to have found a base around 40
for now" and notes that that level "has been tested and held several
times since May". Tully says funds that gravitated towards silver
earlier in 2011 "are likely to head back into gold in H2 and we look for
the gold:silver ratio to move higher." Unless there is more marked
participation by Chinese and other global investors in silver, "another
atempt at $50 is unlikely and the gold:silver ratio should remain
supported at 40," she says.."

and also

July 27, 2011 19:53 ET Member since Mar 2009
wow!.. AL's big call on silver..

"..$47 /oz in August. The $50 record is seen before end of Q3.."

for that move to happen i like to see more of a false break first to the downside of 40-41 range we just seen.. ideally 38-39 properly tested and held ..

jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 5:21
Ashraf.. congratulations on your oil call from last Friday.. i wish i knew more about oil dynamics.. at present my weekly position trading in oil starts and stops at the gas pump:-)

jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 5:16
sorry Ashraf.. perhaps i wasn't that funny.. anyway both trades are looking good particularly in the last few hours.. btw i was only referring to relative performance in recent days.. but today it seems silver is catching up fast..

so 45 here we come.. but only if Dave's 42 falls and 1715 doesn't terminate gold's run (trying to be funny here again:-)
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Aug 8, 2011 2:59
But yes im kicking myself for late Friday short in US crude.


Ashraf
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Aug 8, 2011 2:58
jacek,

Silver +30% Year to Date

Gold +21% Year to Date.

know you know why we keep talking Gold/Silver Ratio
http://tinyurl.com/3pxvmh3

Any questions?


Ashraf