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Intraday Market Thoughts

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Gold at New Record in Euros as Spain Dithers

by Ashraf Laidi

Sep 27, 2012 17:29

Gold hits a new record in euro terms at 1375/oz as Spain further delays an eventual request for an official bailout and the euro consolidates against most currencies awaiting this inevitability. Secession + Recession = Fresh Metals Expansion. There need not be actual secession of Catalonia from Madrid, but... http://www.cityindex.co.uk/market-analysis/market-news/111502012/gold-hits-new-record-vs-euro/

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@ShadowForex Well done. quick acting. we could see a fresh bounce during the speeches but useless to try to time it. (7 hr ago)
1st paragraph asked the right question and got the right answer. https://t.co/tSVm2Puxkq #forex $FXE $UUP $TNX $GLD (7 hr ago)
generalize statements about "buy USD" & "sell USD" could be bad for your health if you dont know WHEN to distinguis… https://t.co/YDkHj3c6wf (8 hr ago)
back to "real" yields watch..will be more imp than ever (8 hr ago)
Clarida, Rosengren, Bostic & Harker on tap today to tells "we watch Unemployment NOT Inflation" #forex (8 hr ago)
Fed Sings Chorus but CPI Could Upend by @FX_Button https://t.co/tSVm2Puxkq #forex $FXE $UUP $TNX $GLD (9 hr ago)
Selling in May & 7-month rendez-vous #forex $FXE $UUP $TNX https://t.co/Kx7jlXNFI6 (9 hr ago)
Billionaires Peter Thiel and Alan Howard back new $10bn crypto exchange - https://t.co/r64AGg1GET (yesterday)
7-month cycle turns but what follow up? https://t.co/J0kWI0YAkD #forex $SPX $TNX (yesterday)
Inflation Alert, NFP Rethink, GBP Resists by @FX_Button https://t.co/J0kWI0GZt5 #forex $FXE $UUP $TNX $GLD (yesterday)

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