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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)
 
said
mulhouse, France
Posts: 2822
14 years ago
Jun 9, 2010 19:47
ashraf
we are in a wide range trading in sp and dow that is gonna take two years and that gives us the ter m extended period of time in accomodative economic measures from the fed. a lot people talk about deflation period for two years, what if we enter in a stagflation period with gold after correcting from its 1286 1350 level reach the himalaya at 2300. some says we need a contagion of debt downgrade threat to arrive to this scenario. personnaly i see coming
ur thought THanks
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jun 9, 2010 19:04
Said. interesting question. for BOTH gold and stocks to drop this much. we must have news of a damaged fund who has to sell some of its gold to meet redemptions. technically, it is v. possible

Pipster, yes if the double top plays out we can see 65 again. whoch does remain a key support.



Ashraf
said
mulhouse, France
Posts: 2822
14 years ago
Jun 9, 2010 17:45
hi everyone
hi ashraf

possibilit of SP back at 1100 level as for gold it touches a support at 1020/24 i expect a bounce rom there before the downtrend to resume.

any thought rose on gold
Pipster
UK
Posted Anonymously
14 years ago
Jun 9, 2010 17:36
Ashraf are you bearish on Oil and to what level. You mentioned the possible double top and this recent move back up is close to that area. Will it hold....Guys your opinions would help me out -thanks
Stationdealer
London, UK
Posts: 715
14 years ago
Jun 8, 2010 20:54
http://www.youtube.com/watch?v=3wZfnqn1G2U&feature=player_embedded

You Can Smell The Oil From A Helicopter! (video)
Watch this 2:53 minute video:
The Oil spill is getting so dangerous that you can smell the oil from a helicopter at 500 feet! The oil is so hot that it is frying birds on the spot.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jun 8, 2010 12:11
Gold rallied on UK debt worries but by far not proportionally gold fut is still capped at 1250.
Coach
Singapore, Singapore
Posts: 43
14 years ago
Jun 8, 2010 11:11
My speculation for the next 1-2 days would be Gold will still be bullish. Watch the RSI and take profit from there. After which, you may consider turning short!
Coach
Singapore, Singapore
Posts: 43
14 years ago
Jun 8, 2010 10:39
GOLD TESTED PREVIOUS HIGH AND BROKE THRU PREVIOUS RESISTANCE LEVEL!

Try not to short at this level, may see higher as previosly speculated!
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 8, 2010 0:31
And the government is thinking of appointing former CEO of BP, Lord Browne, as a sort of "super director" to advise on business. He was not exactly an uncontroversial figure, even before BP's recent problems.
http://www.ft.com/cms/s/0/2f02e9f4-71a2-11df-8eec-00144feabdc0.html

Stationdealer
London, UK
Posts: 715
14 years ago
Jun 7, 2010 20:41
First Goldman Sachs,, Now..BP chief Tony Hayward Sold Shares Weeks Before Oil Spill And Paid Off His House
The chief executive of BP sold 1.4 million of his shares in the fuel giant weeks before the Gulf of Mexico oil spill caused its value to collapse.




http://en.wikipedia.org/wiki/Tony_Hayward
Tony Hayward ( An Active member of the Biderberg Group ) cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
Mr Hayward, whose pay package is 4 million a year, then paid off the mortgage on his familys mansion in Kent, which is estimated to be valued at more than 1.2 million. Read more....http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7804922/BP-chief-Tony-Hayward-sold-shares-weeks-before-oil-spill.html