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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
Qiman
United States
Posts: 237
14 years ago
Jul 12, 2010 16:56
"The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years.

The European Central Bank, the Bank of England and the International Monetary Fund have all recently warned of a looming crunch, especially in Europe, where banks have enough trouble raising money as it is.

Their concern is that banks hungry for refinancing will compete with governments which also must roll over huge sums for the bond markets favor. As a result, credit for business and consumers could become more costly and scarce, with unpleasant consequences for economic growth."
http://www.nytimes.com/2010/07/12/business/global/12refinance.html?_r=1
said
mulhouse, France
Posts: 2822
14 years ago
Jul 12, 2010 16:41
go to oman sour its not too high still some potential.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 12, 2010 15:02
What Happened to $80 Oil ?http://bit.ly/338li

Latest IMT

Ashraf

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 10, 2010 13:44
Trade and money-management is all.
Something I've learned the hard way.
Hope I've learned, anyway.
Frog
Paris, France
Posts: 28
14 years ago
Jul 10, 2010 11:55
By the way I bought FAS @ 18$ and sold way to early... I could have made a fortune... Something to think about... A good week overall, but nothing to be proud of, when I made 5 instead of 100.

Here I need to change my way of trading, when I cut too quickly my gains and let my losses running.

Frog
Paris, France
Posts: 28
14 years ago
Jul 10, 2010 11:46
Hi catnip, like you i guess this rally is more a dead cat bounce than a new bull rally. We're expecting the stress test release by July 23rd and the release of the US GDP by the end of the month (30).

What's your time frame for the next leg down ? Do you still think that the bull trap will take place until september, or could we see a bear attack before ?

The market is a discounting machine, and I think that it has not discounted a republican victory by november yet. So when it will, I guess eurus will drop to parity and equities should go down likewise.

How do you see those events unfold ?
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 10, 2010 11:16
trailing indicators ...i keep may bet commodities going to crash baltic dry is more of a laeading indicator
China reduced iron ore import and sits on huge stockpiles of industry metals and the subsidies
created a housing bubble.
No no there is no sustaining recovery
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Jul 10, 2010 7:26
Chinas trade surplus widened to the highest this year and exports climbed more than estimated to a record in June all comodities are going to move north quickly
Qiman
United States
Posts: 237
14 years ago
Jul 10, 2010 0:31
Gold is back and alive in the monetary system!

What appears to have really happened is that one nation or more needed foreign exchange to counter some shortfall in its accounts and raised these funds as a short-term liquidity measure, believing that it would be able to return the currency and receive its gold back. The gold would then be returned at the conclusion of the swap period in return for the currencies swapped. If it fails to return these funds to the BIS, then the BIS could discreetly place the gold with another central bank, should it not want to keep the gold. If it did so, the BIS would simply report its disposal of the gold, the originating central bank would report the drop in its gold reserves and the gold buying bank would report its increase in the reserves.

This puts the transaction into an entirely different category. It seems that one or more of the developed world's central bank's credit is not good enough for other governmental institutions. If word got out as to which this country is, then the financial markets would go into quite a spin, shaking the global financial system to its core. No wonder the B.I.S. is keeping such a low profile!
http://www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=107700&sn=Detail
chloethebull
Posted Anonymously
14 years ago
Jul 9, 2010 22:27
soo hard being nimble..lol..missed out on a bunch of profits this week...but i added more gold shorts an will continue to add next week if gold continues to climb...also looking to nibble at some long usdcad @1.0275...im liking what ashraf said about gold an thats were im looking to cover so with some luck mayb we get there sooner rather than later..ok guys have a great weekend :)