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fxsport commented Jul 5, 2013I'm only surprised that it took this long Another PIIGS member needs to get cut off
S&P revises Portugal credit outlook down to negative from stable; current rating BB
- fxsport commented Jul 5, 2013
Hey did you load up on more gold again? 20.00 drop makes it all the more attractive right? NOT
The golden ticking time bomb
- fxsport commented Jul 4, 2013
Ah another Glen Beck syncophant Sorry but we're on QE 3 and the inflation isn't rampid like you declare. Btw the FED isn't printing dollars like l the doom and gloom profits said it would the process of bond purchases is a synthetic means and the ...
The golden ticking time bomb
- fxsport commented Jul 4, 2013
You think: 1 gold will hit 2000 in 3 months? 2 there's inflation? A. Gold isn't going anywhere but sideways to lower for 2013. Hitting 2k would be a new high surpassing the last hi in 2011 B most g8 countries are more concerned with DEflation. Japan ...
The golden ticking time bomb
- fxsport commented Jul 3, 2013
Ok, I missed your point about listening to the talking heads about their view on gold now! You are correct sir most of them ARE wrong. In fact lots are calling for gold support here at 1200 I on the other hand have purchased otm puts for Dec at 1100. ...
The golden ticking time bomb
- fxsport commented Jul 2, 2013
Under 25 unemployment is still over 40% An entire wasted generation of workers. Last time this happened was in Germany in 1930's ......
ECB to hold fire as sees euro zone recovery unfolding
- fxsport commented Jul 2, 2013
Plenty has changed - price continues to drop and should hit 1000 before support
The golden ticking time bomb
- fxsport commented Jul 2, 2013
No I just choose investments that don't take years to accumulate based on fear. Why wait 7 years for an "investment" to triple when others can do it in 2-3?
The golden ticking time bomb
- fxsport commented Jul 2, 2013
They learn their lessons from Greece
China No Longer Making Up Numbers, Now Simply Deleting Them
- fxsport commented Jul 2, 2013
This article is so full of it. The ECB has already determined a rate cut is in the cards - the numbers coming out of the ECB are so great...for a third world country not a G8 member.
ECB to hold fire as sees euro zone recovery unfolding
- fxsport commented Jul 2, 2013
Was that what Bush 43 ate when he threw up in Japan???? Heard the hallucinations lasted for years.....
ECB to hold fire as sees euro zone recovery unfolding
- fxsport replied Jul 2, 2013
I'm not sure, still staying short personally but not a lot of ST conviction. I'm expecting more Sterling weakness and dollar strengthening - especially with two FOMC speakers today. My biggest question is will the yen fall quicker than the pound ...
Geppy's Geppy Thread (GBP/JPY)
- fxsport commented Jul 2, 2013
Very true - IF you intend on hold something that long (YEARS) Oh BTW that 1,000 you used to purchase 2 oz. of gold in 2005 would be worth how much if you had instead invested in a DJI index? Hummmm????
The golden ticking time bomb
- fxsport commented Jul 2, 2013
Yeah don't listen to Soros et. al., url Gold WAS 1364 back then....
The golden ticking time bomb
- fxsport commented Jul 2, 2013
You mean all those trade recommendations I kept hearing last February telling me to buy Gold when it was 1500 and ounce? Laughed then and still laugh now.
The golden ticking time bomb
- fxsport commented Jul 2, 2013
Coming from someone who suggests "buy the btc" - ? Bitcoins are the newest dutch tulip.... Bet you bought btc in May when it was a bargain at 100 right?
Dollar demand at month-end much stronger than expected
- fxsport commented Jul 1, 2013
Gold - the shiny fiat currency that's too heavy to carry in your pocket. Methinks those who value gold should just switch to plywood, at least you can use plywood to build something to live in whereas with gold it just LOOKS good.
The golden ticking time bomb
- fxsport replied Jul 1, 2013
Netera, I'm on board with you. My prior short was stopped out when GJ popped earlier today. However given that 152.0 couldn't be held I'm of the mindset that we proceed downward to the 147.5 area - of course this will take 2-3 weeks but I'm ...
Geppy's Geppy Thread (GBP/JPY)
- fxsport commented Jun 30, 2013
Let's revisit the price of Gold on December 1, 2013 shall we? Gold has not practical reason to be owned, unless you're a jeweler. It was typically used to hedge against inflation but deflation is what most of the G-8 markets are worried about. Of ...
Dollar demand at month-end much stronger than expected
- fxsport commented Jun 30, 2013
Kris what are you talking about? There is no USD bubble? There was just a jump in demand at the end of the session - causes? 1. EOM redistribution 2. Selling of other currencies to purchase USD for future US equity purchases 3. Speculation As for ...
Dollar demand at month-end much stronger than expected