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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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chloethebull
Canada
Posted Anonymously
14 years ago
May 27, 2010 2:39
any thoughts on gold or oil?ok thanks gl
Stationdealer
London, UK
Posts: 715
14 years ago
May 25, 2010 15:12
And that too depending how it gets there!
Stationdealer
London, UK
Posts: 715
14 years ago
May 25, 2010 15:11
yes @ 1214
chloethebull
Canada
Posted Anonymously
14 years ago
May 25, 2010 15:02
any1 looking to short gold @1200?ashraf whats ur thoughts on the yellow metal..ok thanks an gl
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 25, 2010 6:56
asad
yes gold will survive but as liquidity dries up fast gold will be sold off too however not below 1000 imo.
asad
London, UK
Posted Anonymously
14 years ago
May 25, 2010 0:12
Catnip,

Yet again, you make an acute point. Agree graciously! But did I say anything about gold? In fact, I believe that gold WILL be the only survivor of the crash!

By nature, I should be short oil...but I s/how wish to be a spectator (rather than speculator) of the carnage to follow! I'll reload as per the circumstances...and take it long.


Asad
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 24, 2010 21:22
asad
I would not trust self serving recommendations of some market makers . As i mentioned earlier I think
the way for stocks is down and recoveries will be short lived. It is correct to worry about eurozone triggering possibly global recession. A hint is US lumber crashes and I think most commodities will follow. I don't think gold will drop significantly under 1000 but gold will fall, too, as liquidity dries up.
Gold is eventually cash and if one cannot get liquidity out of stocks cash strapped funds will sell gold.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
May 24, 2010 7:16
lucky, yes, i did say in January that early 2010 could see a rally in BOTH USD and oil. Well we did see that in first 2 months. It is the first article of the year in fact. Jan 5th

http://www.ashraflaidi.com/articles/more-euro-losses-ahead.asp

Ashraf
asad
London, UK
Posted Anonymously
14 years ago
May 24, 2010 0:25
What the hell is this?! If 10,000 breaks...the next stop for Dow is 8000, if 67 breaks...then the next stop for oil is 60, if 1080 breaks...the next stop for S&P is 800.

What the hell is this?! And trust me...they won't give us a chance to get out! Just stay out of the market & try to secure the bottom - this could well be the punt of a lifetime...


Asad
asad
London, UK
Posted Anonymously
14 years ago
May 24, 2010 0:07
Wel then Catnip, my abrupt decision to sit out this market could be WELL-rewarded! Lucky, Ashraf said this...but DID Ashraf (or ANY other analyst, for that matter) KNOW that PIGS would start collapsing so early...BP would spill tons of oil...and what else?

Asad


P.S. Catnip...mother of all: it is now clearly clear that we're heading for a DD recession! It's MORE of a question of when, than if. What do you think?
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