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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)
Oil prices should hold firm as long as Qaddafi holds on to power. But I do not see him lasting.
There is NOWAY that Qaddafi will end up staying by promising to his people that he will be "fair", will hold elections and the West and Arab world will pull out and say "OK, we will give you a chance".
Too much damage has been done. His own govt and Ambassadors have left him. Even Saddam Hussein's Amnassadors and UN representatives stuck with him to the last breath. Not in the case of Qaddafi.
It is too late. His days are numbered. And the World WILL seek his ouster. Anything else is unimaginable.
Ashraf
In current times - what is the correaltion with the US indices and Gold.
Is it correct that when the markets fall then Gold is seen a save haven. Can it be a case that markets fall and the price of gold will fall as well. What will cause Gold to make a pullback/correction
Thankyou very much for your time
How you evaluate the situation if GaddaF remains at power on Monday , how will be affected the OIL prices ?
Thanks.
from outside, further may nationalize investments by ENI, Total and Repsol, will turn to China
Asia will tap Russian oligarchs for participation.
Makes sense to short ENI Total Repsol