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- auricforecas commented May 27, 2020
Well that is an interesting thought, but I don't think this can change do dramatically overnight... unless there will be a serious risk for the second+ wave(s) etc... But if does happen, this will be a serious switch in the economy, because many ...
- auricforecas commented May 21, 2020
Interesting how quickly gold supposedly reacted to this single parameter... Which that correlation it is assumed that as soon as uncertainty rises again, we will see another rise I still think it will rise overall, just maybe not so fast as the ...
- auricforecas commented May 20, 2020
Well, in fact, they are even open about it... they do try to predict it but at the end of the day they finds that their model with army of PhDs... (the last time I checked there were about 140 of them)... is no better than coin flip... They do try ...
- auricforecas commented May 20, 2020
Heh, was thinking the same thing... But it is/was one of the safest quotes he can make to justify his paycheck
- auricforecas commented May 20, 2020
Well nice summary right there, in the first sentence, about the important factors for the rise of the gold... And it looks like risk might not go away so soon, so till then, gold might be a good option to preserve the wealth at least... and anything ...
- auricforecas commented May 20, 2020
Nice, some more positive news one... I agree... Will wait for another wave up before I re-enter the market though.
- auricforecas commented May 20, 2020
Yeah, I can imagine that... Imagine being raised how OIL is "the s..." and all.. and then after you are close to retirement age, the world goes upside down and OIL is cheaper than water... On the positive side, that are markets, so ot scramblers the ...
- auricforecas commented May 19, 2020
Well now we have to wait for market to absorb what Powell said... But markets will resume its previous track regardless... as it did so far... almost every time, even with some short or long(er) delays...
- auricforecas commented May 19, 2020
Yup, just as I tried to lock massive position it decided to pull back slightly But it is all good... Let it correct, pull back.. and will LOCK it when it "decides" to move up again
- auricforecas commented May 19, 2020
It depends if they priced-in the potential additional waves... Just this one, we think economy can compensate, as some suggested, with going "slightly" into overdrive after all the quarantines will be removed... People builded up their wishes now so ...
- auricforecas commented May 18, 2020
And it went through
- auricforecas commented May 18, 2020
Yup, just about there... I do not think this train can be stopped now... At least at current trajectories... Hoping to ride this UP till/through the summer of 2020. If there will be no big surprises/events/... at least...
- auricforecas commented May 15, 2020
Heh, amazing, he just got a "free script" for the next movie.. Maybe he was too inspired from Wolf movie
- auricforecas commented May 15, 2020
Well if it doesn't tart to go UP and continue to do so, then I might just as well as start flipping burgers (on GAS). It seems EU will be slowly restarting now. Even Lufthansa announced that they will start flying in JUNE etc etc... In my ...
- auricforecas commented May 15, 2020
Yeah, it is amazing... if one would trade around the 10k which seems to be constant for a while now... he would come very well off out of it I traded around 10k recently.. and plan do to it again, maybe even higher now
- auricforecas commented May 15, 2020
Well that is good news... seems corona gave us additional 5 years without worries due to debt life... When Greece was in seriously trouble almost 10 years ago... they said that anything beyond 90% is point of no return... So let's see what ...
- auricforecas commented May 14, 2020
Funny... Trump was calling for weaker dollar till they hammered interest rates as he wanted (now at corona, they did not want to bow to him last summer when he was pressing for it, intensely... But now he would like it to be strong AF Always ...
- auricforecas commented May 13, 2020
Of course, they are not named GOLDman for nothing I am with them on that one... Just love the gold (going UP), as it should, by all possible criteria, from every possible angle.... GOLD is the market I am most "certain" about that it (should/will) ...
- auricforecas commented May 11, 2020
Oh, the corona news/trading again... So I guess we will be in stall until more high-economic news comes along the way, in the second part of this week or when Corona situation gets updated (again).... I understand that the risk/exposure for possible ...
- auricforecas commented May 9, 2020
This is exact reason why "neg balance protection" is very important to me... Some argue(d) that there is SL/margin-call/stop-out but still, in (flash) crashes, no liquidity etc... it is extremely important to have that extra safety net... Or at ...