EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
to try to complement and understand the coming and the difference in startegy by central banks and gvt, i would to add u that UK will the beneficiary of this period of austerity measure while european countries will lagg. it has been the case in 1992 under john major and following by the labour.
the axis of development of next inflationary monetary policy in the uk in three and a half years will be always the same axis of development ie China, south east asia, eastern europe and now u add brazyl and australia due to commodities supercycles. in france, the alst move within the last year and half of the french prime minister and its team has been an anchor to britain economic development. the legal framework of economic modernisation has been built been around pivotal point such as capital market access and its declinaison in market segment. its a pure financier framework and i dont see the industrial part of it.
we ll see how britain and france together are gonna to manage the coming storm but as usual the proactiveness will come from ur side, dont get restrained except if it hurt the living power
Does that ring a bell for you ?
No ? Remember that summer with euro at 1.60$ and crude oil at 144$ a barrel ?
It was summer 2008, right before the end of Olympic games and before the beginning of black September, black October, and black November !
Yep ! Nothing will happen during the worlcup.
The world is round for now, let it become square again in august and September.
He believes we are currently at a major turning point in the markets where investors are beginning to realize that government spending is not the solution to all our problems. He says the fiscal austerity measures will only increase deflationary pressures and that the pain is inevitable and unavoidable:
http://pragcap.com/felix-zulauf-the-march-2009-low-wont-hold
Bearish Schultz says hyperinflation may happen suddenly
Commentary: Crash-predicting letter says recovery might not come until 2028
By Peter Brimelow, MarketWatch
NEW YORK (MarketWatch) -- Stocks continue to flounder. A remarkable veteran editor says get used to it.
Harry Schultz' International Harry Schultz Letter was one of 2009's top 10 performers because it ran with the rally. ( See Dec. 28, 2009, column.) And I named it Letter of the Year for 2008 because it undeniably did predict the crash, although by Hulbert Financial Digest count it didn't benefit, for various technical reasons. ( See Dec. 28, 2008, column.)
u have news from ABOOD, long time not heard of him. if u get it at the fone tell him i am at bir hakeim
au bas mot