Neither Russian nor other depositors in Cyprus must receive Cyprus announcement to tax bank accounts as a surprise as these warnings emerged back in December from Germany --at a time when the media was busy with the US Fiscal Cliff and Greece's successful bond swap operation.
Gold vs USD breaks its first 5-month string of losses (longest since 1997) and may be targeting 1625-28 before month-end. Yet, the faster-momentum pattern is in Gold vs. EUR; breaking an 18-week downward trendline and highlights similar upside as in May 2012 (Greek election impasse) and Nov-Dec 2011 (Italy debt selloff and political uncertainty). As the ascending weekly stochastics gain in strength, we could well see a break above the 100-WMA of 1250 and an extension towards 1,285. In order for EURUSD not to lose support below 1.2820-30, we will have to see a follow-up in Gold/USD towards 1645/50.
Sep 2022: Bank of England saved the financial system by backstopping the nation's pension funds. March 2023: US aut… https://t.co/g4dRSBVznD(45 min ago)
@HAJtameem1 Akeed (1 hr ago)
@Caven2006 سلامات. تفضل على المباشر DM (1 hr ago)
The 3 Faces of $2000 Gold
August 2020, March 2022, March 2023. Then, now, & where?
https://t.co/HBZY1vQ2gi
#forex #XAUUSD #XAGUSD $GLD (1 hr ago)
سوف يتم بث كامل المقابلة (50 دقيقة) غدآ السبت 7 مساءً توقيت لندن او 9 مساءً بيروت على
https://t.co/tVaY6gGxqx(1 hr ago)
@Caven2006 سوف يتم بث كامل المقابلة (50 دقيقة) غدآ السبت 7 مساءً توقيت لندن او 10 مساءً بيروت على https://t.co/tVaY6gGxqx(1 hr ago)
سوف يتم بث كامل المقابلة (50 دقيقة) غدآ السبت 7 مساءً توقيت لندن او 10 مساءً بيروت على https://t.co/tVaY6gGxqx(1 hr ago)
المقابلة مسجلة و سوف يتم بهل في وقت لاحقا (3 hr ago)
As gold regains $2000/oz for the third time over the past three years, it's important to distinguish the fundamental and intermarket dynamics for each of these three occasions ($2000/oz) before assessing the road ahead. There are endless combinations of metrics to be used in comparing August 2020, March 2022 and today. I will use the DXY, gold/silver ratio, Fed Funds rate and the Fed's Balance Sheet.
