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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)
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 27, 2011 18:03
Trouble with stocks these days is so heavily controlled by GS and clan. London and Europe tend to pretty much follow US
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 27, 2011 17:58
CL hit my 85.62 level on the nail. So what now.
chloethebull
Canada
Posted Anonymously
13 years ago
Jan 27, 2011 17:06
@asad,,u crazy accurate with ur cl calls..excellent job:)..keep it up:)
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Jan 27, 2011 17:06
I should have said: multi week uptrends, not multi day.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Jan 27, 2011 17:03
Reason why I expect this is because such multi days up trends usually end with a huge spike which cleanses all die-hard bears. Let's see. I expect this to happen within 5-6 trading days.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Jan 27, 2011 16:54
DaveO, agree abt stocks. But I expect first a blow off top twrds SPX 1320 in the following days. This was the level of the break-down before the sell-off in 2008.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 27, 2011 16:46
I suppose commods outlook heavily dependant on china fate. I think Soros was looking ahead a bit and assuming china will manage its immediate problems. What baffles me right now is stocks. Way overdue a darned good correction if not a longer term top.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 27, 2011 16:40
commodities are currency hedge nothing new ... what demand? For softs yes but for copper no.
Rogers makes big money by selling options on commodities he touts as bullish...bullish bs
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 27, 2011 14:24
http://www.bloomberg.com/news/2011-01-27/soros-says-higher-commodity-prices-likely-to-last-for-a-couple-of-years-.html

soros talk about commodity
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jan 27, 2011 11:07
Julz, when yields rise they become a better substitute for gold and other metals which do NOT have a yield. The reason metals were rising when yields fell is that their price appreciation acted as a substitute to money (financial assets with a state interest rates). As bond yields start to increase, they erode the price allure of metals.

Simply put, metals may be in some trouble once Fed, BoE and ECB are able to increase interest rates without damaging their economies.


Ashraf