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Posts by "speculator"

804 Posts Total by "speculator":
22 Posts by member
SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
speculator
Posted Anonymously
14 years ago
Mar 8, 2010 20:06
part yen driven but mainy because prices have reached a level last seen in early 80s. no matter how overpriced they were then id want to be a buyer as we will likely test very decent highs over next decade. buy an asset when nobody thinks twice about it. world index financial comparables also show the japanese stocks to be ultra cheap based on the assets the companies own in yen terms and how much sales they produce. so the way i see it japan is set up for a huge boom. its quite possibly the last speculative bubble in the queue.
speculator
Posted Anonymously
14 years ago
Mar 8, 2010 19:26
In Thread: GBP
sorry guys i was in an operation am UK today so spelt my name kind of wrong after it as was drousy as was put to sleep for about an hour.
speculator
Posted Anonymously
14 years ago
Mar 8, 2010 18:15
interesting convo...

the way i see it:

higher interest rates (obvious) but not as distant at many believe.
gold will suffer IMMENSELEY in 2010 and 2011.
stocks should do well in particular japan
euro + pound will test new multi year lows VS USD by mid 2010
inflation in UK will be above target for a while as weak pound (to be weaker on a longer basis) will cause import inflation.


speculator
Posted Anonymously
14 years ago
Mar 8, 2010 18:01
In Thread: EUR
hedge funds are dangerous, remember who broke the bank of england in 1992? mr george soros.
speculator
Posted Anonymously
14 years ago
Mar 7, 2010 22:09
In Thread: JPY
97 yen is achievable but i must say that i dont follow yen but any forecast below 87 i laugh at. im definitely long Nikkei its a FAR better bet than gold over the longer term. At least you get quality income stream at BARGAIN prices. One of few potential bulls awaiting to happen is Japanese stocks.
speculator
Posted Anonymously
14 years ago
Mar 7, 2010 18:30
In Thread: EUR
so long as central banks can't be trusted and uncertainty remains, gold may rise regardless of USD strength. However i would not like to be a buyer of gold in the longer term as rising interest rates will certainly weaken gold. Gold is doing well as paper money is not generating much return on short terms. So over the next 3 years the metal will NOT be a hot performer unless economic/financial chaos kicks in which is currently not very likely. Moreover, the after soverign risks die down a little the gold/USD relationship will become stronger again. Since i believe the dollar has already declined in 2008 and we are in a multi-year bull I dont favour gold for an investment as buy to hold.
speculator
Posted Anonymously
14 years ago
Mar 7, 2010 18:25
In Thread: GBP
yes cable will be negatibvely impacted we should be below 1.51
speculator
Posted Anonymously
14 years ago
Mar 7, 2010 15:53
In Thread: EUR
Yes and icelandic vote on saturday will prompt risk aversion for monday
speculator
Posted Anonymously
14 years ago
Mar 7, 2010 11:17
In Thread: GBP
Cable historical:http://www.miketodd.net/encyc/dollhist-graph.htm

If we get parity it in my opinion will be more of a longer term target ie 2012+ and will a gradual move. for 2010 1.37 retest is highly likely.
speculator
Posted Anonymously
14 years ago
Mar 6, 2010 18:52
In Thread: GBP
cable will drop like a stone guys! its march and we just closed lower by almost 1cent from previous friday close where typically march is USD bearish? not to mention we clearly broke 1.50 pyscological barrier and suckered back the cable bulls in trap mode! 1.20 is reasonable in q4 but 50% chance