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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
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EvanRowe
Florida, United States
Posts: 25
14 years ago
Jan 3, 2010 21:54
Ashraf: I don't understand the "fundamentals of gold". I understand that there is a narrative about gold being a "hedge against inflation" but I think that's just a story. I see no inflation at all unless you're talking about the price of gold being inflated. So what makes the gold fundamentals true? Or does it not matter as long as you have your ear to the ground and know what OTHER players believe is true?
goddess
Beijing, China
Posts: 7
14 years ago
Dec 31, 2009 17:23
I can't open my email. So I speak loudly here:
Happy New Year everybody.
Hope everyone has a prosperous 2010!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 30, 2009 2:56
Metacuz, Im not a market timer therefore i do not pretend to look for the lowest point. The fundamentals of golds remain solid therefore it is NOT necessary to get in at the low. Having said that, i said many times (as in singapore) we could test 1070 at which point one could start buying. and if goes below 1000 then i will buy more.

Asad, tell me a time when Rogers was NOT bullish on gold. But i do agree with him and with you about Chinese NY. Anyway, dollar strength could place a cap on it.

Ashraf
asad
London, UK
Posted Anonymously
14 years ago
Dec 29, 2009 20:55
Ashraf,

Agreed w/ your analysis on gold...but don't you think the Chinese NY will be a major factor in driving up gold (& oil) prices? In my memory, it always has (as well as for other commodities). The NY's just around the corner.

Besides, I was hearing an interview by J. Rogers (22/12), who categorically stated that he would consider including to his gold holdings around $1000...and expected the prices to eventually reach $2000...as he wasn't too bullish on the US economy ('fire Tim...fire Ben...shut the Treasury' *heheh*).

What do you reckon?


Asad
MetacuxRevival
Singapore
Posts: 45
14 years ago
Dec 29, 2009 15:38
Asraf

According to your announcement 12 Dec 09 in Singapore, "Gold is a no-brainer investment."
We would want to look forward for Golds' lowest low to enter'
Can you give us some direction which quarter of 2010 will be suitable?
rkkashmir
Posted Anonymously
14 years ago
Dec 29, 2009 14:59
Gold getting pummeled yet AUD and NZD remain at nose bleeds. Amazing what they do for four days premium on the rollover. Who will be the last one's out?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 29, 2009 13:46
murat, gold remains a solid long term investment but may be lacklustre freeze in the next 1-2 months. so why not make spreadout purchases over next few weeks.

hesham, ive been looking for 1070 and we may still get it. best to wait after mid Jan to get more clarity on market direction. dont make any rash decisions at this time of the year.

Ashraf
hesham
dubai, United Arab Emirates
Posted Anonymously
14 years ago
Dec 29, 2009 11:06
Dear Ashraf,
I would like to sell gold at today's rate 1105$ do u think it's a good rate to sell??

Thank you
Hesham
Murat
Istanbul, Turkey
Posted Anonymously
14 years ago
Dec 29, 2009 8:53
Hi Ashraf, I read your book and found it to be quite insightful. Thank you.
I was wondering whether you would recommend an investment in Gold for a 1-3 month holding period. I've been studying gold but am a bit confused whether I should buy or not? I'm currently 99% in cash USD.

Warm regards
Murat
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 28, 2009 23:33
arin, it depends how long you want to hold it for. you can buy a 1/3 this week, 1/3 next week and rest in Jan.

Ashraf
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