Peak Oil has been 5 years away for about 25 years.
But if you are going to copy/paste at least give the author credit.
But if you are going to copy/paste at least give the author credit.
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
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Successful XAU/USD traders 7 replies
DislikedFirst I don't quote my grandmother or a blog which I don't give credit to.
And second read this - from the NYTimes:Ignored
Disliked
- A hedge fund told me exactly the same way and that they'll keep on buying silver, shorting nat gas, buying uranium and a few others...
Don't live illusions, the facts are there.... make your own research and see it.
It has happened before, it can happen again...Ignored
Dislikednot kidding, no... ofc not what would be the point? I'm here to share...
I assume they had positions opened and that will maintain them. His main reason is due to a new source of natural gas that was recently discovered that well, in his opinion will keep the prices low for about a decade. Now, I'm not too much into Natural Gas, I mainly trade forex, gold, silver and buy physical silver. But could that be shale gas? However I'd want to invest in Uranium but I don't know yet how can I make the best of it...
Silver pennant pattern? There's one...Ignored
DislikedShorting a natural resources that is strongly in demand is a retarded move .....Ignored
DislikedYup. Not to mention that it has been trading for years way below its historic average so in no way is it over-valued.
If I traded more than just short and intermediate trends I would consider going long with all that is happening to oil in the Middle East and now nukes in Japan.Ignored
Disliked..... All kidding aside, im looking at nikkei futures right now, interessting zone its in right now but if that reactor blows so will my account if i long =/ ....Ignored
DislikedDude I've seen the chart when I first posted the natgas and other instruments. I noticed how low it was and also thought it would be a good buy long-term. But let's focus on 2011 shall we? How low could we go? magenta line depicting the beginning of december... and a very simple chart
I see 2 scenarios probable scenarios until December. 1st Scenario we would go to 6.10 which could offer somewhat of a strong resistance. 2nd scenario we could keep on down at this steady pace slowly until we test previous lows & perhaps even make new lows.
I see the...Ignored
DislikedI think the point about shorting natty gas at these levels is that it is at about one third of the alltime high so there are much, much better r/r trades then this one.Ignored
Dislikedwith the trend is your friend in mind, any shorts should be smaller in size and short lived.Ignored
DislikedI agree, that's why I'd rather get in Uranium for instance. But it would be the 1st time on these kind of instruments as I never traded anything out of FX, XAU&XAGIgnored
DislikedUraniaium was obviously brutal yesterday. My brother made tons off this one and some of the ones down the bottom a fews months back. You need to be brave to go in now.Ignored
DislikedI don't trade Uranium but I'd like to very much... I believe Uranium will have a massive valuation in the next decades... I think this could be the time to buy heavily as I see it as being in a "smart money phase" at the moment.
Where do you trade Uranium? I know little about NASDAQ:URRE
By looking to the chart I see it hitting 10 easily in the short/mid term
I'd actually like to trade the Uranium that is at about 60$ at the moment. I don't know where to find that instrument...Ignored
DislikedUraniaium was obviously brutal yesterday. My brother made tons off this one and some of the ones down the bottom a fews months back. You need to be brave to go in now.
http://www.google.co.uk/finance?client=ob&q=NASDAQ:URRE
Xau and xag selling off nicely. Hoping for a retest of the 1405 level today. I missed my short @ 1430 yesterday, it did not get there.
Also a head and shoulders appearing.Ignored