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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
I bet on a FED surprise... ruling out QE3
the FED takes into account more stock losses that will drive UST and USD, to sell their UST assets.
i like to add that i love Ashraf's gold:silver ratio work and i've been trading silver using it..
July 26, 2011 18:43 ET Member since Mar 2009
another perspective on silver.. will gold lead then?.. perhaps move to 1650-1700 in gold before 45 in silver..
"..UBS precious metals analyst Edel
Tully says the gold:silver ratio "appears to have found a base around 40
for now" and notes that that level "has been tested and held several
times since May". Tully says funds that gravitated towards silver
earlier in 2011 "are likely to head back into gold in H2 and we look for
the gold:silver ratio to move higher." Unless there is more marked
participation by Chinese and other global investors in silver, "another
atempt at $50 is unlikely and the gold:silver ratio should remain
supported at 40," she says.."
and also
July 27, 2011 19:53 ET Member since Mar 2009
wow!.. AL's big call on silver..
"..$47 /oz in August. The $50 record is seen before end of Q3.."
for that move to happen i like to see more of a false break first to the downside of 40-41 range we just seen.. ideally 38-39 properly tested and held ..
so 45 here we come.. but only if Dave's 42 falls and 1715 doesn't terminate gold's run (trying to be funny here again:-)
Ashraf
Silver +30% Year to Date
Gold +21% Year to Date.
know you know why we keep talking Gold/Silver Ratio
http://tinyurl.com/3pxvmh3
Any questions?
Ashraf