أشرف العايدي على سي ان بي سي عربية -- 24 اكتوبر 2012

Oct 24, 2012 16:08

Ashraf points out Euro markets (FX & bonds) are showing the opposite behaviour from earlier this summer, being the last to sell-off during risk aversion, while back in May-July, euro FX & bonds were the last to stabilize during rallying equity markets. 1.2940 trendline continues to hold as far as the NY close and 1680s and 30.80 are the support levels for gold and silver respectively. Metals will continue to outperform energy. Also mention word of the Aussie starting to outperform the Canadian dollar as the latter is weighed down by the BoC warnings and Canada's govt rejection of the Malaysian-owned Petronas' takeover bid of Progress Energy Resources.

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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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..