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by Ashraf Laidi
Posted: Dec 18, 2009 18:24
Comments: 80
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This thread was started in response to the Article:

Dollar Sobers Up Despite Fed PunchBowl

Time for US dollar to regain some composure, especially against the sterling, whose 2010 fortunes for the year appear dismal at best.
 
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speculator
Posted Anonymously
15 years ago
Dec 22, 2009 11:56
gold will not reach new highs next year unless interest rate expectations are revised to follow more QE and no change in rates. This is because all assets compete with each other and when cash starts to yield gold becomes pyschologically less appealing as it offers no yield at all. couple this will dollar rise which gold has been speculated from cheap dollar borrowing, i cant see it reaching new highs based on these factors.
said
mulhouse, France
Posts: 2822
15 years ago
Dec 22, 2009 10:25
evanrowe
yo no un specialista pero
just think that the twenty years equities rally ahsnt been followed by a commodity rally and now we are in a commodity rally ... with its own cycles and countercycles.

regards
EvanRowe
Florida, United States
Posts: 25
15 years ago
Dec 22, 2009 5:34
I'm not looking short term here, i'm saying that seems like the order the chips will fall if the U.S. can't create more juice.
EvanRowe
Florida, United States
Posts: 25
15 years ago
Dec 22, 2009 5:32
I do not see how gold can stay higher than that, at least if there is another blow out and a deflationary spiral. I am in this camp. Gold being above whatever it was in 1999-2002 or so will not make sense if you have people clinging to their fiat money. I think fiat remains for the future, and eventually purely digital currencies. Too much trade off to go backwards once any economic system moves in that direction. Do you think that the economy will be rooted in deflation? If so, don't you see Yen strength? I don't see Yen stimulus and lower rates as being something that borrowers will be taking and plowing into anything.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 22, 2009 1:52
Evan, 1070 looks like will happen but i doubt it will be the low. If 90 occurs in USDX, we can well see 870 in gold. And there's about a 30% chance this will happen. But i do not see 500 at all.

Ashraf
speculator
Posted Anonymously
15 years ago
Dec 22, 2009 1:11
guys dollar should rally for at leasst 6-8 months whilst gold should fall for same term. DXY will be heading for 95, higher than 2009 highs.
abundance
Singapore, Singapore
Posts: 27
15 years ago
Dec 22, 2009 1:05
Hi Ashraf

Wish you a refreshing vacation!

Merry Christmas & Happy New Year to you & all!

Best regards/Henry
yoosif
New Jersey, United States
Posts: 1
15 years ago
Dec 21, 2009 23:41
Ashraf,
Would you please give me your opinion about eur/usd?

B. Regards,
Yoosif.
said
mulhouse, France
Posts: 2822
15 years ago
Dec 21, 2009 22:19
rowe

a trend of 800 850 dollars on gold representing combined waves when it will be the good timing.
what i see this is ....according to my chart.
EvanRowe
Florida, United States
Posts: 25
15 years ago
Dec 21, 2009 21:41
Is your 1070 call on gold short term? I don't see how anyone can really think gold is going to go up anymore once inflation gives way to deflation. Gold at 500 in a few years would seem possible to me.
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