Ashraf Laidi on CNBC after the PSI Deal - Mar 9, 2012

Mar 9, 2012 7:44

Ashraf Laidi speaks on CNBC minutes after Greece secures its agreement on the PSI deal from 86% of creditors. All these PSI acrobatics were aimed at enabling Greece to receive its 2nd bail out and meet its March 20th payment. There are no guarantees that Greece will not need a 3rd bailout as the nation enters its 6th year of recession as well as prolonged policy following the outcome of the elections later this year. Let's also not forget that negative Eurozone pressures (rising yields, falling euro & surging CDS prices) tend to be exasberate the euro siuation as these are draged by risk aversion, which may be the result of oher exogenous factors such as less dovishness from the Fed

Latest IMT - Jan 22

Trump's Golden Hit

Here is 90-second video on gold's movements during Trump's speech in Davos. The apparent deal struck with Europe over Greenland has helped stocks and weighed down on metals. Gold fell more than $100 after reaching the $4890 target first mentioned 4 weeks ago. I still own my nulcear and rare earths stocks, such as CCJ, OKLO, TMC and UAMY as well as the semiconductor derivative plays, but also diversified to non tech such as AIR, APG, BBIO and others. After having united Europeans over Greenland resulting from his threatsm, Trump is now shifting towards gradually dividing Europe by prompting nations to compete for positioning over rare earths. China will also likely revert to its aggressive policy and rare earths will likely benefitl. The Maths Reminder on XAUUSD is in this video.

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Latest Hot-Chart - Jan 22

EURGBP Channel Test EURGBP is on the cusp of a channel breakout. One of the least well known secrets is how this pair correlates with major equity indices. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..