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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Apr 16, 2013 20:25
well well...so far i take gold's decline as a standard
development back from a crazy buying spree...doesn't anyone recall 1001 analysts yelling Inflation! Gold soon above 2000! 5000 by year end! Its a few months since then. Could be gold was propelled by fears US could default , debt ceiling and other Hollywood plots. Such fears my return any time so I think its a normal correction in a bull market. I don't believe
China govt lets their shadow banking credit bubble burst. Could be gold 1300 is a super cheap buying opportunity.
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Apr 16, 2013 20:12
In reply to Qingyu's post
Electricity usage can be faked in China. But its a most interesting indicator.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Apr 16, 2013 20:06
let's skip the gold turn to indices, when is judgement day?
Qingyu
manchester, UK
Posts: 1763
12 years ago
Apr 16, 2013 19:20
In reply to Qingyu's post
real GDP maybe 7.5%-5.5%=2%, no one knows yet. and if u add all local gov data, usually 1-2% higher than offical data, sometime even 3% higher.

i am waiting for Mar electricity usage, but sound like many big boys already knew.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Apr 16, 2013 19:10
In reply to cat0nip's post
all fake liquidity store in real estate, if they cash it...

famous people talk about gov cant let real estate bubble burst, if so gov gonna end with it. and blame USA drown them, hot money rush in through fake trade data...

and my father said this is not a right time to buy real estste.

i guess, stagflation is more correct for next few yrs. and real GDP could be 7.5%-5%=2.5%

after that, hyperinflation maybe. people beg/pray they can end up like jap, but refuse on their knees yet. idiots still believe they r someone big, just like NK.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Apr 16, 2013 19:05
In reply to cat0nip's post
No indeed, nor does the gold crash have anything to do with AL's magic stochastics--lagging indicators simply following price.

Stocks are widely regarded as way over valued but the NYSE is rigged and everything else pretty much follows WS.

All bubbles go pop eventually.
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Apr 16, 2013 17:03
In reply to Qingyu's post
Chart astrology is certainly not the cause of gold's decline. I think it is bad China economic figures.
China is proverbially the mother of all bubbles and this bubble should never ever go pop.
It would suck up all fake liquidity like a black hole and would leave the biggest deflation ever.
I think that will not happen.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Apr 16, 2013 14:53
FT China News ?@ftchina 5s

China local authority debt ‘out of control’http://on.ft.com/1102Jbo
Qingyu
manchester, UK
Posts: 1763
12 years ago
Apr 15, 2013 16:41
foxconn said they recuit 10k workers every week since Mar.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Apr 15, 2013 11:53
Ashraf Laidi ?@alaidiPremiumFX Protected account 33m

China is margined out of gold longs

AL, could u talk some more about it?