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Posts by "rim"

122 Posts Total by "rim":
121 Posts by member
rim
(Turkey)
1 Posts by Anonymous "rim":
rim
Turkey
Posts: 121
15 years ago
Oct 5, 2009 23:58
Dear Ashraf ,
Thanks for respond.
As you see unemployment will continue to increase in near future.Unemployment is the reverse of inflation.Hence we cannot speak about the danger of ifnlation.So in fact we are in a period of deflation .The money pumped to the market will not be enough to overcome unemployment,there may be more stimulus in the future and no rate hike since the money at the market will not be enough to overcome unemployment.The question is under these circumstances bcause of inflation danger gold cannot go up only the weakness of dollar but since we are in deflation , dollar cannot be weak isince deflation means lack of money at the market ,Also during deflation stocks cannot go high Do you think the increase on Gold and stocks and weakness of dollar cannot go for a long time ?
rim
Turkey
Posts: 121
15 years ago
Oct 4, 2009 18:16
DEar Ashraf ,
Due to the depreciation of USD ,gold goes up and people withdraw their bank accounts and buy gold hence this cannot be good for banks ,
therefore according to you why the bankers and central banks donot try to avoid this catastrophe and keep the normal value of USD at the market since the attitude of bankers push the USD down and gold up ?
rim
Turkey
Posts: 121
15 years ago
Sep 17, 2009 14:47
Dear Ashraf ,
Due to the latest comments ; YEN will hit 87 , AUD 90, and EURO 1.48
If it becomes real Then GOLD will pass 1035?
rim
Turkey
Posts: 121
15 years ago
Jun 27, 2009 12:38
Dear Ashraf ,
What you expect from rate decision of ECB next week , how will be effected EUR/USD ?
rim
Turkey
Posts: 121
15 years ago
Jun 23, 2009 4:18
Dear Ashraf ,
As you see on Monday nearly %3 slump on equities but due to this big fall EUR/ USD remained the same .How do you explain this ?What are the secrets of this plan by the market makers?
rim
Turkey
Posts: 121
15 years ago
Jun 21, 2009 21:20
Dear Ashraf ,
How do you evaluate relation between S&P 500 and GBP ? Do they act in the same channel ?
rim
Turkey
Posts: 121
15 years ago
Jun 21, 2009 21:12
Qin , pay attention that the price of currencies always affected by the attitudes of central banks interventions via direct or via selling bonds and collecting money from markets,EU zone economy in shrinkage and they cannot overcome the crisis by strong currency , they need export so they must sell euro to the market and decrease the price of EU , otherwise they will face more problems and if you look at the graphs the price of Eu today is very expensive and the actual price around 1.1 should be .
rim
Turkey
Posts: 121
15 years ago
Jun 21, 2009 10:23
Dear Ashraf ,
PARIS (Reuters) - There is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet said on Sunday.

What will be the effect of this policy to EUR/USD ? Do you think it should go down ?
Rim
rim
Turkey
Posts: 121
15 years ago
Jun 12, 2009 15:17
Hi Ashraf,
When the rates on currencies change so often , the trade balances of countries also change and disturb the economies when no stable currency ,
Hence what you think on , why the central banks of big economies do not intervene the currency market by selling or buying position and keep their currency stable ?
rim
Turkey
Posts: 121
15 years ago
Jun 10, 2009 17:31
Hi Ashraf,
On Bloomberg it is written as USD/ CAD ratio will reach 1.15. by the year .Do you have the same opinion and what wil be effect on price of GOLD?