Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Another interesting observation of his is that four of the five US recessions were preceded by a rapid decline of the ratio to the bottom of the range (8-10).
How can they keep sterilizing SMP 1 + LTRO1 +LTRO2 +"unlimited" when they just lowered the ER deposit rate recently?
Still hoping to hear out your answer. As my arabic isn't great, would appreciate your view of the bigger picture in English either here or elsewhere. As VIX goes over 40 next week, would you be a buyer of equities (risk assets) then or rather wait it out till August - September?
Just a question for you, as I listen very carefully to what you have to say (and I gather you usually have much more to say than on these forums :()
People in the know suggest that we are, basicaly, guaranteed to see VIX =ᡠ this month.
Would you be a buyer of equities then?
Thank you
When do you expect the China hard landing to kick in on Euro?
IFO is a good measurement of business expectations, considered a fairly good prediction of the brent oil price
ZEW is just another opinion by the likes of you and me. Goldman economics team has long 'downgraded' it
Now that Ber'danke has made up his mind with NGDP targeting and inevitably ensuing QE3 disguised as AMBS large scale purchases, do you think it's time to call off 1.29 objective?