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by Ashraf Laidi
Posted: Nov 27, 2009 16:51
Comments: 404
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This thread was started in response to the Article:

Gold & Yen's Perfect Desert Storm

Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
 
mabedi
mashhad, Iran
Posts: 29
15 years ago
Jan 7, 2010 18:18
Hi ashraf ... I close my gold position on 38.2 fib @ 1132.56
Thanks ashraf
mckinnovation
Ireland
Posted Anonymously
15 years ago
Jan 7, 2010 13:28
Hello again Ashraf/ Traders,

I hope you are all doing well.

Q: what does tommorow unemployment level need to be for a decent pullback in gold. I missed yesterdays top at 139 but expect dollar to rally if us figures tomm are positive. Now in your opinion will neutral/ flat news have similar result?? It's just more likely to happen in my opinion.

Thank you in advance,

Maciek
asad
London, UK
Posted Anonymously
15 years ago
Jan 6, 2010 14:04
Ashraf,

Coins usually trade at a premium to the spot prices. Why not buy into the Perth Mint Certificate Program (PMCP)? It incurs NO holding costs...& is backed 100% by the Govt. Think I recommended this to you earlier as well.

Agree w/ ur liquidation comment - SPDR could possibly run into such issues, even though they claim to have over 1100 tons of gold...


Asad
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 5, 2010 19:48
still see gold to backtrack towards 1070 and oil to outperform gold for now.

Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Jan 5, 2010 16:43
hi pollux
ur terrible. what do u think about last week carbon tax blast and eco travel?
pollux
France
Posts: 23
15 years ago
Jan 5, 2010 15:21
what happens here now? where is ashraf.....?like a comment....
arin
duhok, Iraq
Posted Anonymously
15 years ago
Jan 5, 2010 11:53
hello Ashraf ,
So what do you think about gold to the end of this month ?
somebody saying that we will see (1500 oz) so what do you think about it ?
thank you
Davidau35
Hong Kong
Posted Anonymously
15 years ago
Jan 4, 2010 16:16
Only fools would believe that gold will only rise to 1500 or 1600 level!!

The printing press that Bernanke is operating will send gold as high as 2500 by end of this year!!
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 4, 2010 12:54
Evan, when interest rates are zero are savers have nothing earning on their deposits, they go for gold which is rallying from cenbank QTV easing and the THREAT (anticipation) of inflation.

bdye, i already have ETF so better diversfiy into real coins. Some have pointed out w/ the risk that the largest gold ETF may have problems meeting any liquidation that occurs en-masse.

Ashraf
bdye
UK
Posts: 5
15 years ago
Jan 4, 2010 10:32
Ashraf, could you please say why your next purchase of gold would be coins and not an ETF? Do you see some sort of ETF problem down the road?