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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
Karan
Singapore, Singapore
Posts: 83
14 years ago
Mar 2, 2010 1:23
thanks ashraf!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 1, 2010 22:08
karan,

1. Mondays moves cannot usually be explained.

2. anybody who pretends to have an explanation for a move EVERY DAY cannot be trusted. Any basic book of Intl finance tells you FX and metals is surrrounded by hedgers speculators, banks, Treasurers, futures/options traders, prop accounts, M&As etcc + the central banks & Supranationals. how on earth can someone identify every daily move in explaining the reason?

Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 20:43
yeah said: 1070-1075
said
mulhouse, France
Posts: 2822
14 years ago
Mar 1, 2010 19:08
PIPPED OFF

GLD WOULDNOT REACH 1170-75?
AN ANSWER WOULD BE WELCOME
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 18:01
Fleck gets ridiculed, but he is ONE smart dude. Well, not necessarily him, but his sources are very smart folks who are ALWAYS right, just not necessarily right on the short-term timing because of folks like RBA, PPT, GOLDman, etc. The guy he references, Fred Hickey, is THE best tech analyst around:
http://articles.moneycentral.msn.com/Investing/currency/why-the-fed-wont-stop-printing-money.aspx
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 17:10
The U.S. PPT HAD to appear early today as the plummet of GBPUSD and euro threatened financial stability of the financial markets, in particular their beloved U.S. equity indices.

Is VIX below 20 yet? FEAR? WHAT FEAR?

BUY STOCKS!
Karan
Singapore, Singapore
Posts: 83
14 years ago
Mar 1, 2010 17:09
will someone please tell me what is propping gold up?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 16:49
The U.S. PPT is hard at work, deceiving the public into thinking equities are a safe place to put your $$ in this jobless "recovery".
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 1, 2010 13:32
@Pipped what do u think about gold for today?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 1, 2010 13:23
I position-traded some short Gold and closed at 1113.0. I am a bit weary of the CAD GDP numbers, and of course Aussie will be ram-rodded into RBA at some point today.

Plus, GBP was crushed for 500 pips today ALONE. There should be some consolidation before the next shoe falls. Will it be the PIGGIE EURO or TRASH CABLE?

I will be shorfting Aussie pre-RBA if gets into the high 0.90z pre-RBA. Othwerwise I will wait to post-RBA to short the Overvalued Aussie! It's amazing how the Yield Ho'z in this nworld buy, buy, buy Aussie for the yield, regardless of the potential; for a HUGE decline. I guess that 3.25% yield differential will protect them from 10/15% losses, lol!