Forum > View Topic
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)
 
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 12:55
Who is continuing to destroy Gold? Now at 1112.5. KATIE-BAR-THE-DOOR.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 12:29
Who shot Gold for a $10 loss in no time? Soros?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Mar 1, 2010 12:16
He is one of the few who can stay solvent while the market remains irrational :)
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 11:52
I guess Soros will be quadrupling his bet when Gold hits 1040/1020
buygold2000
Florida, United States
Posts: 3
14 years ago
Mar 1, 2010 8:22
March 1 (Bloomberg) -- George Soros is helping drive up gold prices by doubling his bet in a market even he considers a bubble as Goldman Sachs Group Inc., Barclays Capital and HSBC Holdings Plc predict more gains before it bursts.

Soros Fund Management LLC, which manages about $25 billion, increased its investment in SPDR Gold Trust, the worlds largest exchange-traded fund for the metal, by 152 percent in the fourth quarter, a Feb. 16 Securities and Exchange Commission filing shows. While prices have fallen 8.9 percent since reaching a record on Dec. 3, 15 of 22 analysts in a Bloomberg survey say gold will reach a new high, with the median forecast predicting a 16 percent advance to as much as $1,300 an ounce this year.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aFszao23VDGA&pos=10
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 4:01
@sydneyjames-Gold (and Aussie) on borrowed time!
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 1, 2010 3:13
@PippedOff lol, so no stop loss on the top? just limit order? i am trading with small leverage, so i can afford to do that as well i think.

PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 2:45
Thank whomever has been pushing Gold towards 11120. I now have a sizeable position as my bids lateryed to 1120 have been filled. The best part is I have plenty more ammo in the tank should Gold temporarily rally on RNB rate decision later this week.

My limit order is to close my Gold shorts at 1047. I will gladly give up the final $40/50 per ounce of this commodity's fall,to the greedy one's trying to capture every last $. Then I will be long for the move to $2200 as eventually USD Fiat currency is recognized for what it is-not even worth the paper it is printed on.

However, we still have a long way to get to that point.
klevera
seoul, Korea Sout
Posts: 51
14 years ago
Mar 1, 2010 1:45
I guess china PMI number disappointed the rosy expectation.
Eelman
Maine, United States
Posts: 93
14 years ago
Mar 1, 2010 1:32
SHORT silver @ 16.66 --- SHORT gold @ 1117.70