XAU/JPY & XAG/JPY

I just noticed Oanda added xau/jpy & xag/jpy. How cool is that?

Hi there, do they offer Euro or GBP too? I've been thinking long Gold/Euro or Cable is a safe bet, I wonder if I any broker offers that. Thanx.

Not that I saw. Oanda doesn't really do a good job communicating their feature upgrades. I guess you have to watch the forums. I'm sure if you emailed them and said you'd like to see more Eur gold and silver pairs that they'd consider it, if enough people requested it I guess.

Lol I just opened an account with them a couple of weeks ago when I noticed that.... Both gold and jpy are looking bullish atm, so kinda difficult to use the pair tho :O

Im long some Xau/Eur with Forex.com...they have xau/eur, /chf / and usd but no jpy

good to know! thx LVG

Hi, can anyone tell me what the spread on xau/usd is on the Oanda live...I saw on their site it said 2.5 pips and on another it was 300 pips...any info??

usually 30 pips...

they change the spread many times a day.


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www.thesickearth.blogspot.com

In the futures, people are going to buy Silver more than Gold. This is obvious. So in your opinion, what do you think, what should we invest into? Gold or Silver?

both !! and if possible into physical !!!

I've done extremely well on physical gold and silver. The only stuff I sold was to recover my investment money. (and bought hard assest's - land) Everything now is whipped cream on top! The price is a little high for physical at the moment but....I don't think it's going down. I believe what Meridith Whitney says...a nice chunk of the municiple bond market is teetering on death. That could rock the whole system....hence, lots of money from gold and silver rising.

High is relative. I believe silver will be 50.00 in the next 2 years. Gold may break 2k. If the bond market collaspes....your guess is as good as mine. It will scare the bejesus out of everyone! Everytime I hear an idiot say it's dropping big time I buy xau/usd. The so called pro's have been wrong most of the time in the last 3 years. They actually may be working for Goldman....manipulating the market so they can buy more physical!

Gold and silver love government's falling apart. Look at Egypt, tunisia, and the whole region. Gold rocked back up when the mess started. The suez canal is very strategic to move things in that region.

I love physical metal. If things get bad you can never lose having it in your hand....unless you don't have a weapon to protect it. I do trade gold/usa and sil/usa. It's been good to me. I use Dave486's method that's been modified a bit. I look for the long term trend (dah!!! up) then draw a trend line and go in on the third tap. (with a few other things added) It usually works. If it doesn't I go nanabob method and recover. Haven't had a losing month in a long time. I never go deep in lose. Always a resonable stop loss. It will fall big time someday. Maybe when people try to eat gold and realise it's hard on your teeth. The derivative's haven't been dealt with yet. The trillions we owe haven't and won't be dealt with. Gold up! Silver up! The rich folks with paper dollars will beg. Make your bucks on gold/usa then buy physical!

I'll say it again....convert your gold/usa profit to physical. 30k worth of gold is smaller (but heavier) then a shoe. Physical metal is as liquid if not more then gold/usd.

why do you think that people will invest in silver?

IMO, people buys gold as a safe haven.
if the stock market comes back to becoming safe and profitable, why would we need gold again?
I think in longer term gold is going down.

Wow, I just noticed that Oanda has added a TON of XAU/??? pairs! They even made an XAU/XAG pair to trade the gold/silver ratio. pretty cool.