Ashraf Laidi on CNBC Squaw Box - Asia September 17, 2012

You must be tired of reading analysis about 15 war scenarios and 7 different explanations of why gold fell with stocks despite surging geopolitical risks.  But here is what really matters:  Last Monday, minutes after gold hit the $4090 low, I sent the below messages to our WhatsApp Bdcst Group, clearly stating the following:  1. Gold has seen the bottom and will not fall below $4090. 2. Equity indices like the Nasdaq100 will not rebound with gold, but will continue to fall into the rest of the week until reaching a low on Friday or Sunday night. And so, just when everyone was used to the idea of gold dropping with stocks, I sent an alert to our members on Tuesday/Wednesday that the correlation will weaken, leading to gold rebounding and indices trailing behind ...until..this week. This is what really matters. The bottom image contains a message from a member thanking me for rescuing his account when he asked me whether to close his gold Long at a loss near $4370. As gold dropped to $4350, I told him to keep the Long position. He listened, held and later closed his long at $4520, making $1500 in profit. This is how we link analysis to trading and positioning.