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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)
 
rrose
United States
Posted Anonymously
14 years ago
May 9, 2010 20:56
why?
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 9, 2010 20:55
rrose
don't think that much my broker does not support AUD/XAU
rrose
United States
Posted Anonymously
14 years ago
May 9, 2010 20:53
mahameen what do you meen i don't see anything rong
mahameen
Egypt
Posts: 11
14 years ago
May 9, 2010 20:43
is there something wrong with your numbers rrose
rrose
United States
Posted Anonymously
14 years ago
May 9, 2010 20:33
one thing I see is that gold will retest 1226 and aud/gold i mentioned is going up up up to retest 1500 so take the trades and don't miss out catnip i gave you this trade last week when aud/gold was just 1270 now its 1360 let me now what you think
Yan Bei Fei
Xian, China
Posted Anonymously
14 years ago
May 9, 2010 20:19
This is neither a prophecy nor a technical forecast!!! This is fundamental analysis!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
mahameen
Egypt
Posts: 11
14 years ago
May 9, 2010 19:28
mr.yan is this is a technical forecast or a profecy
Yan Bei Fei
Xian, China
Posted Anonymously
14 years ago
May 9, 2010 18:47
There will be a mad rush for gold very soon. Those who shorted gold needs to cover. Or else, u will suffer big losses. I am not joking!!! Do your research and understand why gold is heading to 3000 by the end of Obama Administration.
Yan Bei Fei
Xian, China
Posted Anonymously
14 years ago
May 9, 2010 18:45
It is not 1/3.

It is 100% that gold will reach 1400!!
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 9, 2010 18:44
Since price can go up, down, stand put ,any opinion has a probability of 1/3 that it is right.
It makes Chart analysts Elliott wavers and so on a living
They were bad off if prices were complex numbers ....
But seriously what exactly determines the "right" price of gold in USD?
Now why are folks selling eur for Usd and Jpy?
Because the EUR could become illiquid that's the reason.
Certainly gold is safe but it is illiquid by definition. That is to say, there are few inflation effects for gold:
mining of new gold
and
big selling by central banks
now if CBs sell gold it is because of credit freeze and illiquidity.
USD and JPY are both very liquid assets the whole world is in USD buying frency but there are still plenty of USD to keep the fiancial systems, and trading of commodities, liquide.
Merging some more theories in the picture and given the ultra low UST yields I conclude the fair price of gold is around 800 USD.