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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 20:28
to me it seems that some people are taking profit on gold but in a limited quantity to benefit from the price as much as possible before they announce which will make the price drop sharply because gold is not moving in strength like before whats your opinion guys i am shorting now with sl at 1251 for target at least 1226 !
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 19:42
since last week it touched 7450 i took it long on 7525 even these week with 78 i didnt close position i am long long long stability in crude is the silence before wind even if it goes to 70 i will keep long
Gunjack
UK
Posted Anonymously
14 years ago
May 12, 2010 19:28
@Lucky I have bot some Gold puts....lets hope for a fall in the near future...Whats your take on crude?
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 19:20
these people return from lunch gold is up again
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 19:19
there is recovery every where how crude can go down these one and as they are pumping money they will sell gold its matter of time can you bear it
Gunjack
London, UK
Posts: 1184
14 years ago
May 12, 2010 19:07
@Lucky can u clarify your last point, are you saying Oil is set to boom to 90 and Gold to crash by Q3??
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 19:07

Meanwhile, technical analysts are chattering about the gold chart. Looking at patterns beginning in July, gold appears to be putting in a double top, and thats bearish. cnbc
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 12, 2010 19:05
Here we go Kitco.com promotes return to Deutschmark
and an anonymous poster jumps on the bandwaggon show and goes like this

***BREAKING NEWS** The new Deutsche Mark banknotes are here**Picture will follow tomorrow***
Quote

I'm working at the Deutsche Bank in Germany. Today we delivered 1 container with new Deutsche Mark notes and new coins. I will present a photo from the new banknotes tomorrow morning. The curencychange will be the night from Saturday to Sunday 5/16/2010. On Friday, 19.00 GMT Angela Merkel the germany chancelor, will speach to the german nation.
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 18:59
i said before they need no reason to drive the market they have it for example where is driving season where is sustainable recovery where oil spill ....these what will happen again in gold and silver debt fears will fade eurozone problem will fade where dubai world excuse .... believe in good position and make money why gold and silver are notvolotile in asia market like november is chinese going to eat gold and silver !
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 18:54
even if china tighten it usually by crude in the dip 70-75 its an opportunity
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