Telling Bloomberg TV that gold rallies resulting primarily from Eurozone woes are more short-lived than gold rallies resulting from announcements of fresh QE. The current gold bounce is a result of Eurozone investors seeking haven into the metal (as was seen in the Greece & Italy episodes in the chart below), but it does NOT imply a prolonged gold rally vs USD. It's imortant to distinquish gold in USD & euro terms.Ashraf also gives his view on EUR and JPY.
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Here is a DM sent via Twittter to select clients on Monday, alerting them of the upcoming DOW30 trade. The trade was issued to all Premium subscribers later that afternoon via email, Twitter, SMS and Telegram to (Arabic clients). Have a nice weekend.
After Theresa May
Now that PM Theresa May has announced stepping down from the Conservative Party leadership as of June 7, the ongoing political chaos will shift temporarily from striking a deal on the Withdrawal...