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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)
 
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wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 9, 2010 7:23
come on guy's, if the rba was doing their jobs it would be at .99, im going to hawaii soon!
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 9, 2010 7:15
why would they support such an overvalued currency? I personally think that aussies should worth around 0.7 max
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 9, 2010 7:06
WQhose propping Gold here at 1122? Answer: RBA.

They are propping anything risk related to engorge in the National Pastime of Australia: propping the local Aussie currency
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 9, 2010 2:57
Himo, not sure if this is THE ONE but i was just telling a trader last Friday that we need to have CHINESE-RELATED events to bring down gold and these remarks from china discouraging new purchases of gold cetainly do not help. i mentioned the remarks on twitter

Ashraf
wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 9, 2010 2:52
does anyone know if RKK is long gold?
Desi
UK
Posts: 69
14 years ago
Mar 8, 2010 23:22
From the latest tweet

More Fed talk about reverse repos i.e. #liquidity drainage = $USD positive hawkishness $EURUSD @ 13570 $GBPUSD $1.4980 in Asia #forex $$

I deduce that long Dollar makes for weakness in gold
Himo
Beirut, Lebanon
Posts: 64
14 years ago
Mar 8, 2010 22:52
Ashraf is this the start of gold going down?
Desi
UK
Posts: 69
14 years ago
Mar 8, 2010 22:16
I agree is this the start of the much talked about movement to test the lows below 1100 ?
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Mar 8, 2010 21:25
@ashraf, today fall of gold seems to be a bit unexpected, so is this the start of gold going down? Or it is just a big correction for further up movement.

Sydney
rrose
United States
Posted Anonymously
14 years ago
Mar 8, 2010 21:05
if we break 16.50 we are looking at 15.20 for april
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