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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 10, 2010 6:02
don't know about silver, but gold will hit 1140 again shortly
New Pip
birmingham, UK
Posted Anonymously
14 years ago
Mar 10, 2010 5:07
Guys,

Any thoughts on how Silver will play out today
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 4:41
@rrrose-your selling gold to the RBA-they are hitting the bid on gold to support AUD.

Gold with a $17 straight up since hitting 1109 in early New York trade.

If the nChinese aren't buying as even the deem gold too expensive at 1122, then who is?
rrose
United States
Posted Anonymously
14 years ago
Mar 10, 2010 3:56
reshorting gold now
klevera
seoul, Korea Sout
Posts: 51
14 years ago
Mar 10, 2010 1:03
U guys might want to read thishttp://www.bloomberg.com/apps/news?pid=20601087&sid=ajilmEKXv7fM&pos=2
Let's see how it will play out.
klevera
seoul, Korea Sout
Posts: 51
14 years ago
Mar 10, 2010 0:53
I think Ashraf's dejavu prediction will play out really well. It's almost same equities are rising with no volume and at the same time gold and silver are very volatile. It's a almost twin brother of January. Any thought you guys? I'm still shorting silver and silver stocks.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Mar 9, 2010 23:41
Interesting article on Digghttp://digg.com/d31L7IK
Gold:Best Supporting Role In Economic Downturns? Think Again
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 21:59
The RBA once again drained their reserves heading into the close of the day in a desperate push to get AUD to close at the high print of the day against any and all challengers, er, currencies. Not a bad effort on gold eith by the RBA, goosing it 3-1/2 dollars the final 1/2 hour when no one else was present in the market.

At least the PPT operates in markets when other contra-players are present. Not the RBA though.
Eelman
Maine, United States
Posts: 93
14 years ago
Mar 9, 2010 21:48
Yes, I have noticed that little bump gold always gets at the end of the day.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 21:44
@eelman-yeah, I referenced it on the other thread here.

"Cheapest" it's been in years? ROTFLMFAO. The RBA-paid HOMER analysts have no shame.

How can it be the cheapest, when Aussie has already appreciated 50% in 1-1/2 years. It wasn't "cheaper" vs USD back then?

BTW, see what I mean about Gold and the last half hour? Third straight day the RBA bought gold into the close to goose it. Just hit 1122. As I said, the RBA is buying the Gold even the Chine say is too expensive and know they can buy later at a cheaper cost.
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