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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)
 
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catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 7, 2010 15:28
Don't agree with Ashraf on gold. The selloff continues and when we remember Lehman that was followed by big selloff gold to get cash. This looks like a renewed credit crunch.
Of course the credit crunch tone is set by sovereign uncertainties but I think that will trigger selling gold by CBs.
Gunjack
London, UK
Posts: 1184
14 years ago
May 7, 2010 15:24
@Lucky fair play you did bang the short drum a few weeks back when it was trading around the mid 80s...you prob could pick up a nice 911 turbo with your winnings
Gunjack
London, UK
Posts: 1184
14 years ago
May 7, 2010 15:22
@Asad GL with those CL longs pal...There is lots of blood on the street today...CL getting smashed into again
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 7, 2010 15:22
asad did you see oil these whwt i try to explain my dear
asad
London, UK
Posted Anonymously
14 years ago
May 7, 2010 15:16
E/thing aside...THIS is the market trade in! I'm luuuurrrrrvvvving it boys!! You REALLY test yourself.

Status: Having fun day trading... ;)


Asad
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 7, 2010 15:14
the market is delicate
chloethebull
Kazakhstan
Posted Anonymously
14 years ago
May 7, 2010 15:11
@ashraf..having said that do u see gold capped at a certain level?an what will it take to see gold move lower?trying to move through all the noice to see if this short trade is viable or not..thanks for ur help gl
Ashraf Laidi
London, UK
Posts: 0
14 years ago
May 7, 2010 14:40
lucky, gold continues to rally on lack of confidence emerging from sovereign ucnertainty. Unlike in the previous months when falling stocks led to falling gold, this time the selloff is due to the deteriraotion of countries not paying their debt, which is raising the fear with national currencies.

Ashraf
Gunjack
London, UK
Posts: 1184
14 years ago
May 7, 2010 14:34
@Lucky I missed what you said about Aususd....whats your opinion?
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 7, 2010 14:13
ii hope my friends bought cad as i said yesterday my advice remain aud to succeed 3/3 thanks ashraf i will replace you soon lol
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