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Posts by "gunjack"

1237 Posts Total by "gunjack":
1178 Posts by member
Gunjack
(London, United Kingdom)
59 Posts by Anonymous "gunjack":
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 8, 2009 13:16
Knowing GS their prop desk is prob on the other side shorting the hell out of WTI
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 8, 2009 13:16
Goldman Sachs says oil demand has improved in US and Europe; reiterates USD 85 per barrel year end forecast for WTI oil
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 7, 2009 18:30
Moe I saw this comment on the v good oil blog - Oil Drum. IMO that analysis is insane..$200 oil!?!?! It seems to be concentrating purely on the supply side and peak oil theory. It doesn't seem to take demand into acct....$200 oil would be untenable...for most 1st world nations and a disaster for the 3rd world
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 7, 2009 15:46
Interesting comment from CIBC

"Jeff Rubin at CIBC World Markets in Canada predicts $200/bbl coming very soon. He correctly predicted the price of oil reaching $50 in 2005 and $100 in 2007. The year 1966 was the peak for discovery of new oil fields. Production declines by 4 million bbl/day/year because of depletion. The industry must discover reserves over the next 5 years that will add 20 million bbl/day of capacity. A new oil sand project in Canada can carry a price tag of $90/bbl. Demand/depletion will push up price."
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 6, 2009 15:22
V amusing comments being posted here over the last few days!!

FX Handler what are your views on USDNOK....Im playing a convergence trade b/ween NOK and CAD against the USD. NOK is v volatile though...moves +/- 400 pips on a daily basis now...My view is med term NOK will get stronger due to Norwegian econ being in better shape than competitors
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 4, 2009 13:19
Azza IMHO this is the time to short Gold for a short term play. Last night it reached a peak of $999 oz but is pulling back since then.

Asad I'm hearing many ppl talk about natty gas...general consensus is that we could see it going below $2 per mln BTU as new liquefied supplies hit the market
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 3, 2009 19:14
Hey Bill I've initiated a short gold trade too for a quick play...I have a feeling 1000 could be kissed followed by a pullback
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 3, 2009 17:00
Hi Ashraf - With spot gold hitting 993, and as per your twitter comment about centbanks not allowing 1000+ gold...would you say this is a good shorting opp in Gold?

Thnks
Gunjack
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 2, 2009 14:48
Hey Asad - How good is the news feed/data service by CMC compared to IG. Also is it compatible with google chrome

Thx
Gunjack
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 2, 2009 13:22
Possible precursor to the main jobs data out on Friday??