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366 Posts Total by "rob":
333 Posts by member
Rob
(New York, United States)
33 Posts by Anonymous "rob":
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Rob
New York, United States
Posts: 305
15 years ago
May 21, 2009 0:58
In Thread: Dollar Slashed as Fed Goes Shopping
Regarding your IMT about the 1USD/3USD - WHY would the government do that? Who OWNS the Fed, where does the extra money go to???
Rob
New York , United States
Posted Anonymously
15 years ago
May 20, 2009 16:15
In Thread: Oil & Yen pairs
Hey Ashraf,

Would you say GBP/JPY is simply riding the coat-tails of GBP/USD? Obviously it's due to go up with risk appetite, but it's much stronger than EUR/JPY in my eyes, just as GBP/USD is showing more strength than EUR/USD. Do you see a good entry level for a short in GBP/JPY today? Looks like it's always been beaten down when attempting to surpass 150.30 in the past weeks and can't breach 149.50 today. Any thoughts are appreciated.
Rob
New York, United States
Posts: 305
15 years ago
May 20, 2009 14:05
In Thread: Oil to Underperform Metals
I think the saying for this year might be - "sell before Memorial Day, and go away"
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 18:10
In Thread: When Will GOLD Hit $1,050?
Gold at $16,000 - and the time-frame you're giving is a year or two? I don't think central banks and govt's around the world will allow that to happen, because of how it will make their (fiat) currencies look. Still seems fixed in some way to me. But hey, $16,000 gold is fine with me.
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 15:30
In Thread: Oil to Underperform Metals
Went short GBP/JPY this time, perhaps a tad too early - however, have you looked at the 4-hour or daily chart - seems as if 150.00 couldn't be breached 3x already and is a very strong resistance, would you agree?
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 15:16
In Thread: Oil to Underperform Metals
I've been selling both EUR/JPY and GBP/JPY on downward moves in stocks - do you prefer EUR/JPY over GBP/JPY because the EUR is the weaker currency? It seems to me that GBP/JPY loses more (and gains more) depending on the direction of the day?
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 14:27
In Thread: Oil to Underperform Metals
Question/Comment for anyone who wants to respond -
Shouldn't a drop in housing starts actually be GOOD for the US economy? The housing bubble and glut of excess inventories seems to be the major problem, or at least the major consumer driven problem. And with less houses constructed, the supply goes down, which is just what we want for a recovery. In my view, the last thing the US needs is growth in the number of new houses, right now.
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 14:00
In Thread: When Will GOLD Hit $1,050?
Hey Ashraf,

Thought you'd catch my comment about "never" going to $1050 -
FYI - you have it labeled "When will OIL hit 1050?"
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 2:59
In Thread: When Will GOLD Hit $1,050?
VOTE:Q3-Q4

Hopefully never, just kidding, but Oil is certainly on your mind so I'll keep my eye on those correlations as well. As for Gold, I'd say Q3-4 if equities finally decide to really pull back. I also think it must be manipulated as calling any correlations seem close to impossible.
Rob
New York, United States
Posts: 305
15 years ago
May 18, 2009 21:54
In Thread: Oil & Yen pairs
Hey Ashraf,

What do you think about the Japanese Finance Minister's comments about possible intervention - I presume it's as bogus a comment as its always been? All talk and no action since '04 - I believe.

Also, what do you think the terrible GDP figures for Japan will do tomorrow? Punish the JPY? Or would it add to risk aversion? Any thoughts are appreciated.
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