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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
montmorency
UK
Posted Anonymously
14 years ago
Jan 28, 2010 14:47
@Amg: Yes, interesting. Always worth listening to George (the "other" GS :-) ).
Story was more relevant at 1225 than now, to be honest. The bubble is already leaking.


OFF-TOPIC:

Your post reminds me: Does anyone know why some URLs posted here work as proper clickable links, and others don't? If have tried using HTML tags here sometimes in the past, but they seem to get ignored.
amg
Oklahoma, United States
Posts: 38
14 years ago
Jan 28, 2010 14:41
said
mulhouse, France
Posts: 2822
14 years ago
Jan 27, 2010 21:40
expect at least support at 47.5 before a rally for consol energy
said
mulhouse, France
Posts: 2822
14 years ago
Jan 27, 2010 21:10
if any trade US utilities expect CONSOL at better entry point
said
mulhouse, France
Posts: 2822
14 years ago
Jan 27, 2010 20:52
@mont
a rally is undeway on dow jones

as for GLD short it .
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 27, 2010 20:35
@Radu: Yes, I'd be more likely to short a bounce to 1100+ . From where we are now, I feel it could go either way, so shorting is a bit risky I feel.

@Said: Gold you mean? Interesting. I wouldn't be surprised if so.

radu
bucharest, Romania
Posts: 203
14 years ago
Jan 27, 2010 19:44

Montmorency , if you ckecked Ashraf"s thoughts & analisys about gold and from others--this site have a blog section with Chris Vermuelen--too , looks lake is very possible to gold to goes down , but i can"t tell exactly how much...btw Ashraf"s long term(years) view on gold is bulish..and usd is strenght now , the price of gold is in usd..
I choose to short on gold with options to minimize the risks(amount of a possible loss).
I can"t tell you short , short now ... but if it will made a bounce to 1110 maybe is good ideea..it"s your call

Good luck
said
mulhouse, France
Posts: 2822
14 years ago
Jan 27, 2010 19:25
i expect a rally in the last gour and a half of trading in new york
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 27, 2010 19:08
Hi Radu. Options are a bit beyond me (I only spread-bet), but it doesn't look beyond the bounds of possibility for it to get down there before too long, does it? Can't quite bring myself to short it, and am waiting until it's time to go long again. No idea when that will be though.


said
France
Posted Anonymously
14 years ago
Jan 27, 2010 19:08
fly my sons fly...

pizza