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Posts by "vasya"
14 Posts by Anonymous "vasya":
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
3 Faces of $2000 Gold
;
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.
Click To Enlarge
http://www.cbpp.org/cms/?fa=view&id=711
For 2011 look Table 1
For example compare 2011 for
Illinois 0 $13.5 billion $13.5 billion 40.4% (Total Shortfall as Percent of FY11 Budget)
compare to
Texas $3.3 billion $1.3 billion $4.6 billion 10.2% (Total Shortfall as Percent of FY11
Budget)
So in that example Illinois is 4 times worse than Texas
California is twice as bad in that matter than Texas
California* 0 $17.9 billion $17.9 billion* 20.7%
Now you can compare state by state ;)
That guy have no clue what he's talking about. Particularly Texas was running
surplus budget till 2010, so obviously it's doing much better, than many other problematic
states like CA. AS for the EURUSD I expect range.. 1.29-1.34, which will depend on "who
said what and when" Jawboning will move markets, as all major currencies are under same
conditions i mean EUR/USD/GBP none of them either better or worse. That's why CHF
running absurd valuation. Swiss Frank actually small spare change coin, how the heck it
could be valued more than a dollar? I wish Silver could drop back to low $20/oz, so
I can load some more.. EU? Buy low Sell high. After Obama sign extension of the Tax Cuts
in to the law, Moodys
should Downgrade US Bonds from 'AAA' at least that's what they said before approval.
That should lead to some haircut for the USDx. IMHO.
Have a great Holidays.
"A blindfolded monkey throwing darts at the financial pages of a newspaper can
select a portfolio that will do just as well as one carefully selected by the experts". :)))
Anyways, Ashraf, your work is greatly appreciated. Obviously you got
more good calls than bad ones, which makes you top of the line Forex+ analyst.
"alaidi" twitter is definitely a "must read"... *****
Thank you.
http://yfrog.com/2tgoldh4mondayg
Well, it's very slim chance. Current Dollar "strength" is nothing but EUR weakness
at the moment. Dollar should go much lower from here, ultimately testing
72 lows. So I would Sell Dollar and buy Gold. You not going to see 1320, not this time
of the year. Feb-April maybe.. You sill shorting Cable? Good luck with that too..
There is bullish butterfly on Monthly targeting 1.80, that's where it's going.
We'll see..
FEDs need income, since there is no growth, then Income will come
from Dollar devaluation, why you think they so angry on Chinese (Largest US DEBT holder?)
Dollar getting devaluated by 15%.. Buy SILVER while you can.. All those "Deflation story" bozos
are working for FED.. $82/barrel OIL is that Deflation??? How about $1200 GOLD?
Wake up and get real. Those who load up on US Treasuries now going to pay big,
Cause US FED is broke.. End of story.
it's going up not down Currently 87.26. Stress test should be OK and Markets
will run for a bit or at least relax.. Yen could go higher into low 90.
In case Equity Markets crash we could see 84 probably.
But this Crash/double deep talk was around for like 6 month already
mainly from the guys who missed the train :)
Well, Actually you need Good luck most, cause those others didn't look at the chart for sure.
No matter what, Feds need and want LOWER dollar. Period.
Here is the chart for you, my friend (USDx Weekly). Was not able to attach, sorry
http://www.forexfactory.com/showpost.php?p=3883514&postcount=272897
Watch out for those targets, they are coming
as main Monthly trade for Dollar is DOWN since 2001 with the few pops on the way..
Good luck with your profit Dollars (from Selling Gold)
You going to eat your shirt few years later.
We all know that money not actually printed, but instead Balance sheet just get expanded,
but this doesn't change the fact: Electronically printed/naturally printed, whatever.
Debt growing faster than GDP, tell me about deflation when you last time check your bills?
Property taxes? Health Insurance? Services? Food? It's maybe deflation on Capital hill, but
in reality is unemployment and consumer Inflation, at least 5-7%. And Food Cost inflation
probably anywhere near 10-15 at least.