Said, Rio Tinto and BHP are surely looking to expand their foothold and cosolidation (as in most industries) is inevitable. when we're in a superbull cycle in commodities, makes sense for these industries to consolidate forward
ashraf isn't it during volcker tenure that the cartel of steel has been reinforced in the usa. are we gonna see a phase a consolidation in the big miner within the next years? how corrrelated TODAY are the two industry in term for instance of transfert pricing?
said, thks for getting the book. Yes, the historical perspectives in my book is not something that i mention often when talking about it but are definitely helpful in giving a background; the various oil crises, the Nixon-Miller impact on monetary policy. Volcker always showed to be a no-nonsense man and was ready to be outvoted. nonetheless, his influence in his current position may not be as weighty beyond being a decent advisor. He was very critical over the past 4 years and it's no secret he disagreed with Greenspan's recurring puts.
ashraf i bought the book and it gives clear insight to my though on market mecanisms could u make a correlation between volcker tenure in the 1980s and its current policy as an adviser especially for the expansive monetary policy and its impact on gold and high yielding currency.
Abood26, Sorry man....I really can't give you short term on Yen.....I have been avoiding to trade on Yen for 2 months......I know Yen will rise into next year.......but I am the one to wait for the chance to short Yen next year, when some central banks start rise their interest rates.......
If you check my comment record, you may know that I only short USD.......
anyone interested in some direction trends can look at this guy too nadeem walayaat. he is not an fx specialist like ashraf but has unbelievable track record of getting trends right. for example he predicted 'stealth stock market' back in march. his fx focus is sterling and dollar index. if u follow this guy to ride a trend rather that day trade u should do very well. http://www.marketoracle.co.uk/UserInfo-Nadeem_Walayat.html
Abood, Qin is not part of my team. But of course he and everyone are welcome to give their own views--as long as they back them up with arguments.
**** I do NOT encourage people to give or ask for advice about hedging and positioning (where to hedge/ how much to hedge/where to get in and get out), because this is NOT advisory site. In order for someone to give such advice, they have to know about risk tolerance, margin requirements and risk appetite. Such advice is NOT the same as giving directional insights, which is mostly what is discussed.
If someone thinks they can tell you how to handle a 4-1 or 2-1 reward-risk ratio, they would have to know what losing positions you may be holding and how these can accelerate the risk of a margin call and your ability to raise more funds etccc. So obviously, since nobody knows these details, they should not pretend to be an advisor.
GBPJPY hits 143.30 target from last night. USDJPY breaks below 90. going long yen remains the more dependable risk aversion trade than USD. 140.80 next.
Even if G20 says stimulus must be maintained, that wont be enough to restimulate risk trade.
Qin sorry for bothering u but i am asking u for short term i have that postion do u think i should headge my postion and if yes where i should reopen it and where to headge just tell me ur think for today and next week
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(2 years ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(2 years ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(2 years ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(2 years ago)
DETAILS ON MY WEBINAR WITH CHRIS LORI NEXT WEEKEND
http://www.ashraflaidi.com/products/sem01/
Ashraf
isn't it during volcker tenure that the cartel of steel has been reinforced in the usa. are we gonna see a phase a consolidation in the big miner within the next years? how corrrelated TODAY are the two industry in term for instance of transfert pricing?
Ashraf
i bought the book and it gives clear insight to my though on market mecanisms
could u make a correlation between volcker tenure in the 1980s and its current policy as an adviser especially for the expansive monetary policy and its impact on gold and high yielding currency.
Sorry man....I really can't give you short term on Yen.....I have been avoiding to trade on Yen for 2 months......I know Yen will rise into next year.......but I am the one to wait for the chance to short Yen next year, when some central banks start rise their interest rates.......
If you check my comment record, you may know that I only short USD.......
I hope you will be fine.......
http://www.marketoracle.co.uk/UserInfo-Nadeem_Walayat.html
**** I do NOT encourage people to give or ask for advice about hedging and positioning (where to hedge/ how much to hedge/where to get in and get out), because this is NOT advisory site. In order for someone to give such advice, they have to know about risk tolerance, margin requirements and risk appetite. Such advice is NOT the same as giving directional insights, which is mostly what is discussed.
If someone thinks they can tell you how to handle a 4-1 or 2-1 reward-risk ratio, they would have to know what losing positions you may be holding and how these can accelerate the risk of a margin call and your ability to raise more funds etccc. So obviously, since nobody knows these details, they should not pretend to be an advisor.
Ashraf
Even if G20 says stimulus must be maintained, that wont be enough to restimulate risk trade.
Ashraf
just tell me ur think for today and next week