Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Mar 23, 2010 16:38
Comments: 207
View Hot-Chart
This thread was started in response to the Hot-Chart:

Gold & Silver's Dead Cat Bounce

 
chloethebull
Posted Anonymously
12 years ago
Mar 24, 2010 11:05
chinese ceo;s agree with us gover than the yuan should appreciate...things could be pulling together for our trades..gl today
nzvik
Auckland, New Zealand
Posts: 225
12 years ago
Mar 24, 2010 10:54
I think Gold's supply-demand market structure has changed over the last 6 months or so. There are too many different interests in gold now - central banks are key but hedge funds (like Paulson), ETFs and the like have substantially greater exposure to the metal than has ever been before, which has helped keep it well bid.


chloethebull
Posted Anonymously
12 years ago
Mar 24, 2010 10:54
@himo, im looking to cover my gold shorts 1090 level..not sure how low we will get but i woulda though we be lower than 1095 after fitchs downgrade on portugal..but we actually bounced up..gl
Himo
Beirut, Lebanon
Posts: 64
12 years ago
Mar 24, 2010 10:45
According to the Euro price Gold should be less than 1080,i shorted gold at 1105.gl everyone.
sydneyjames
Sydney, Australia
Posts: 348
12 years ago
Mar 24, 2010 10:30
who is shorting gold atm?
said
mulhouse, France
Posts: 2822
12 years ago
Mar 24, 2010 9:22
rrose

u won u got ur 1087 suppoirt
houram
Vancouver, Canada
Posts: 55
12 years ago
Mar 24, 2010 6:48
Hi Ashraf,

Too bad that I couldn't attend your seminar in Vancouver, we were preparing for the Iranian New Year celebration. Anyway, the question is what is keeping gold so high right now. I have been short gold since $1160, $1120 and $1100. The dollar has rallied pretty well, the inflation is slowly turning to deflation and the central banks are not buying gold anymore. In my opinion we should see prices below the 1000 level. Would you agree with that?

Thanks
Houram
seenijg
Posts: 1
12 years ago
Mar 24, 2010 5:55
Ashraf, correction on "US dollar index cements its support above the 90 level." It is the 80 level. Great post as always.
paulvirus
Singapore
Posted Anonymously
12 years ago
Mar 24, 2010 2:21
Hi Ashraf,

I think Dinna meant gold supply may be affected by the recent earth quarkes.. so prices should go up. Wat's your view on this. Personally, I dont think has any impact.

thanks
jjstone
Toronto, Canada
Posts: 45
12 years ago
Mar 24, 2010 2:01
mckinnovation
He is saying short? I'm confused why are you loading up.