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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)
 
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 1, 2010 23:34
I would expect gold to fall at first to 1150 remember in a full fledged deflation gold has almost no value but cash has.
asad
London, UK
Posted Anonymously
14 years ago
Jul 1, 2010 22:28
Still, expect gold to move towards 1220s soon...


Asad
asad
London, UK
Posted Anonymously
14 years ago
Jul 1, 2010 22:28
Mont,

Agree graciously w/ Said that gold will have massive support should equities collapse! Not hard understanding that gold, alongside bonds, is the only trusted asset class in such bearish times...


Asad
said
mulhouse, France
Posts: 2822
14 years ago
Jul 1, 2010 21:35
major support for BP at 267
i expect strong support at this level so big thrust.
said
mulhouse, France
Posts: 2822
14 years ago
Jul 1, 2010 21:32
at my opinion the 72.55 level for oil is support but if 71.85 broken then next support is at 70 and 68.
said
mulhouse, France
Posts: 2822
14 years ago
Jul 1, 2010 21:22
@mont

gold has a support
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 1, 2010 20:35
@Asad (or anyone who cares to comment): If the stock market does really crash (and it seems not unlikely), will gold crash with it?

lucky
ibadan, Nigeria
Posts: 377
14 years ago
Jul 1, 2010 20:10
thanks how about your opinion
asad
London, UK
Posted Anonymously
14 years ago
Jul 1, 2010 20:09
Lucky,

Your choice..but I'd suggest you see the market through Friday & Monday before committing yourself. The market could EASILY go in either direction. Watch VIX...


Asad
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Jul 1, 2010 20:04
i long before and i closed but now i am thinking to short