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Posts by "numbnuts"

6 Posts by member
numbnuts
(Melbourne, Australia)
   
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numbnuts
Melbourne, Australia
Posts: 0
10 years ago
Oct 30, 2013 11:19
In Thread: Markets continue to shrug macro concerns
1800 SPX looks like a no-brainer now. I think gold is more likely to keep making lower lows, at least until some real fear hits other investment assets. If gold and SPX both rally, wont that cause rapid losses in USD?
numbnuts
Melbourne, Australia
Posts: 0
10 years ago
Oct 30, 2013 11:11
In Thread: GBP
As long as UK yields are higher than the rest, economic growth is superior and COT positioning isn't overbought, why buy anything else?
numbnuts
Melbourne, Australia
Posts: 0
10 years ago
Oct 30, 2013 11:11
In Thread: GBP
As long as UK yields are higher than the rest, economic growth is superior and COT positioning isn't overbought, why buy anything else?
numbnuts
Melbourne, Australia
Posts: 0
10 years ago
Oct 30, 2013 11:02
In Thread: City Index Ranks #1 in FX Forecasts
Congratulations
numbnuts
Melbourne, Australia
Posts: 0
11 years ago
Jul 11, 2013 10:25
In Thread: Will the Fed keep purchases at $85 bn until year-end? Or, will it increase QE?
Is the Fed really in a position to manipulate the figures, even if it wanted to? What could it hope to gain within the confines of it's mandate by "playing us"?

I think QE will be reduced by the end of the year, gone by the middle of next year. But that's just a guess really. We all know it will happen - it's just a question of timing. And it's the timing which has me confused - rather, the timing of the markets reaction to QE tapering. The markets, USD in particular, seem to be gradually pricing in the end of QE as it gets closer, but I think it's timing is way off. I think markets are marching toward the end of QE quicker than it will actually arrive, which may create extra volatility and larger than expected corrections.
numbnuts
Melbourne, Australia
Posts: 0
11 years ago
Jul 11, 2013 7:17
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
The current pullback in gold is a result of artificial forces manipulating demand, as the article states. It feels nothing like a bursting bubble or even a natural correction in fundamental value. For two years I have been warning people off gold, calling it a huge bubble. Now people pat me on the back and thank me, though I have a growing suspicion that my prediction was wrong - or at least misguided. Interesting that Jim Rogers has a similar attitude.
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