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13 Posts Total by "newman":
6 Posts by member
newman
(Minnesota, United States)
7 Posts by Anonymous "newman":
   
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newman
Minnesota, United States
Posts: 6
13 years ago
Feb 24, 2010 0:13
In Thread: Gold Catching Down with Euro
NO DEAD CROSS YET, Ashraf. But close! At least on the continuous contract (which doesn't use the pit close): 50 SMA = 1107.36; 100 SMA = 1103.26. --NewMan
newman
Minnesota, United States
Posts: 6
13 years ago
Feb 24, 2010 0:02
In Thread: Gold Catching Down with Euro
THANKS for the wonderful gold analysis, Asraf! That's why I come here -- to understand gold in dollars.

Another data point pointing to gold going lower: the recent rally in spot gold price was NOT accompanied by an increase in the gold holdings of GLD. When that happens, gold rally is unsustainable, and price heads lower.

All the best,

NewMan
newman
Minnesota, United States
Posts: 6
13 years ago
Jan 28, 2010 23:53
In Thread: Euro's Dead Cross
Ashraf-- THANK YOU VERY MUCH for all of your comments/analysis on gold & silver. I don't trade currencies. Do trade gold and gold stocks, and find your analysis invaluable. And I predict, as more and more people turn to the precious metals to protect themselves in the years ahead, you'll get more and more people visiting your site for that analysis. (I tell everyone I can.) Thanks again, and all the best to you! --NewMan
newman
Minnesota, United States
Posts: 6
13 years ago
Jan 5, 2010 19:50
In Thread: More Euro Losses Ahead
THANKS, Ashraf. Much appreciated. Not what I was hoping to hear :^( but much appreciated.
newman
Minnesota, United States
Posts: 6
13 years ago
Jan 5, 2010 19:49
In Thread: More Euro Losses Ahead
Ashraf: Looking at charts, gold has SO FAR followed the euro pretty closely, not oil. Do you think this correlation will continue or not?

THANKS AGAIN, Newman.

(Have your book and bookmarked your on-line workbook, but haven't had the time yet to study them. So when it comes to the "Wisdom of Ashraf" I am still, unfortunately, flying blind.)
newman
Minnesota, United States
Posts: 6
13 years ago
Jan 5, 2010 19:27
In Thread: More Euro Losses Ahead
Ashraf: Thanks for the insights. VERY interesting. My big question: what do you think gold will do? Do you think it will go down with the euro or go up with oil? Thanks for any insights into this.

All the best,

Newman
Minneapolis, MN, U.S.
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