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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.
 
Callum
Singapore, Singapore
Posts: 179
15 years ago
Feb 18, 2010 15:56
Gold been pretty strong - just short up into 1120 levels. Is there new IMF development? Or moving up for more offers higher up?
montmorency
Abingdon, UK
Posts: 610
15 years ago
Feb 17, 2010 22:38
I think I should think of them as the Increase Monty's account Fund.
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 21:52
CONGRATS TO ALL OF US WHO SHORTED GOLD AT 1120. CHARTS DON'T LIE. NEITHER DOES ASHRAF.

I must ask where are all the WEATHERMAN GOLD ANALYSTS telling us Gold is going to record highs next month? $85 an ounce bounce off 1043 wasn't enough for those Greedy SOB's? Once again, THE WEATHERMAN ANALYSTS cream Mr. and Mrs. Jones.

IMF selling second phase of 403.3 metric tons of the little yellow stuff.

I just read a WEATHERMAN ANALYSTS RESPONSE! Ready for this? He says it's a bit of an over-reaction, ROTFLMFAO!

I guess $85 bounce from 1043 to 1123 wasn't an overreaction on the correction. THESE WEATHERMEN ANALYSTS crack me up!
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 21:41
HOLY COW-no sooner do I speak than IMF announces second pase of Gold selling.

Call the RBA, with commodties like Gold getting dumped, how the heck can they prop their Baby Aud/Usd?

gOLD DOWN $10 BUCKS
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 21:13
Going to be a tough rest of the week for Gold.

See ya sub-1100!
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 18:29
The call has been made to the bullpen to get the PPT loosened up and ready to make their Daily appearance atin one hour at 2:30 pm NYT.

The mission? jam the S&P futures higher to ignite yet another mindless euqity rally, and jam gold higher to. he goal? keep Mr. and Mrs. Jones invested as loing as possible, and with as much money as possible, to deceiv them into thinking stocks only go higher. Then when the Jones' are in, allow the markets to fall and take their money.

One Hour until PPT time!
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 17:47
Thanks for the reminder mont. Just couldn't resist with them trotting out ABJ, and their role in Greece and Italy swaps, with more to come.

They are criminal. Why isn't the media bringing this to light? I guess because it is expected they wil lie, cheat, steal and deceive at every turn.
montmorency
Abingdon, UK
Posts: 610
15 years ago
Feb 17, 2010 17:10
@Pipped: Thanks for the article heads-up. "Permabull" :-)
Steady on though eh Pipped? ... remember what you promised.
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 17, 2010 16:42
This just in from Ashraf on a tweet:http://www.zerohedge.com/article/shocker-joseph-cohen-abby-says-recession-over-sp-headed-1300

The GOLDman criminials at it again-trotting out none other than Abby Joseph Cohen to exhalt the masses to throw their money into the stock market so GOLDman can take it an pay out lash bonuses.

Remember all, I've been mentioning Abby Joseph Cohen. I thought she was mothballed in the Witness Protection Program for her sins a decade ago.

GOLDman told us to buy GBPUSD at 1.6450 four weeks ago. These guys never stop. AND IT HASD JUST BEEN DISCLOSED HOW THEY ARE TO BLAME FOR THE GREECE PROBLEMS BY PACKAGING SWAPS TO MASK THE TRUTH OF GREECE, and to make their billions in commissions.
montmorency
Abingdon, UK
Posts: 610
15 years ago
Feb 16, 2010 17:44
I wasn't trading them (or considering it) but GBP/JPY and AUD/JPY made some good moves up this afternoon.

(EUR/JPY also, which I am trading, but short -I'll short it all the way down).