Gold, Oil & Indices (Equity & Bond Indices)

Oil should hold above 65 USD if that doesn't hold I expect oil to go much lower. Oil reacts to deflationary forces both from China and most heavily in eurozone. Further oil will crash if stock markets tumble further. I think that the oil spill environmental impacts could weigh on oil , too

i dont trust gold now these silence in gold and silver is a sign but for what i dont know

asad u could be right..things could get a whole lot messier thats why i picked up some long usdcad @1.0600..not trhe best price but lookin at it more as insurance against my long oil..same as my gold shorts i will not sell them now as i have my position oil trade started..but im looking at this as a chance to pick up some bargains i think were due for a bounce up..we fell sharply so kinda makes sence for a lil break but we did rally pretty high for an extended period of time(no pun intented on the feds statement lol)ok guys let the chips fall were they may an gl

Gunjack, Catnip & Chloe,

I don't know about Catnip's friend's analysis...but what I've seen in today's Dow, S&P, gold, oil, Euro - the volitility & subsequent collapse (VIX 36!) - points towards an impending bloodbath...as early as tomorrow! Add to this Europe's disagreement over austerity measures & the German shorts ban...and we have the perfect Hitchcock thriller (w/ only the result foreseen).

I'm grateful for all the money that the market has given me in the recent months. I'm backing myself to sit out this bloodbath in patience...and (hopefully) reenter in a few weeks time.

Call it contradiction or indecision...but I might be a winning loser than a losing winner! Through the eve, I've traded (manually) and cut my entire position by about 85% of what it was yesterday. I'm in the market now only as a formality...and to keep in touch w/ you guys. ;)

O/wise, look at the volumes (good in falling) & look at the liquidity. I may be proven wrong...but I'll be happier if I can keep in earnings intact. G'luck!


Asad

Thats ultimately simple no money buys no gold and no liquidity sells gold.