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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)
 
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rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 9:20
Now 1138. It keeps busting through Ashraf's caps, and he simoly raises them. At some point he will just stop talking about gold.

Just yesterday he continuously bragged about the Aud.nzd call. No more!

Don't get me wrong. I like Ashraf. Hoever, he is not right 100 percent of the time, and this gold 1020 call is annhialating good folks here.
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 9:17
that's what happens when you have blind faith in your leaders.

Gold now at 1137.5. No red downticks at all in european session

All it does is go up,

May here are now down $30 an ounce because they believed Ashraf's 1020 Gold call.
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 3, 2010 9:17
still holding short i guess Karen?
Karan
Singapore, Singapore
Posts: 83
14 years ago
Mar 3, 2010 9:14
decimated is an understatement!
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 9:12
I can tell from reading these threads that Ashraf's Gold call has decimated the accounts of many here.
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 8:06
yes, because it is apparant most here do not use stops. Blind faith can kill 'em.

I see Gold won't even drop below 1134.

aud.nzd remains well bid > 1.30
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 3, 2010 8:00
Of course it will happen that Ashraf is wrong, actually I was already scared about his success rate. ;) And he must not be wrong about his calls. Obviously some guys here use way too much leverage.
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 7:56
back over 1.30 - this and the gold 1020 prediction are going to wipe out a lot of capital here.
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 3, 2010 7:52
rkkashmir, I usually take the opposite position of Ashraf's opinion but with that pair I have the same one. ;) Of course that doesn't mean anything. But I think that the RBA will pause a bit and the RBNZ will start their rate hike circle. Markets tend to take that in advance so it sounds logical that the Kiwi will gain more than the Aussie in the future. Plus if we get some stock market down move, the Aussie will suffer more.
rkkashmir
Posted Anonymously
14 years ago
Mar 3, 2010 6:57
The aud.nzd trade recommended makes no sense. RBA may or may not raise rates moving forward. RBNZ will not raise rates. Therefore, I don't see how aud.nzd goes down.

Gold ain't going down. That's been clear for a week.

Greek Austerity plan, or the mere sniff of one, rallies euro and gbp.usd.

Good Trading all....
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