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Online Share Trading

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Stay short or Cash...

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DEP
Super Contributor
... Euro/$ back down at 1.27 and Gold/$ up 1,234. This is tell us something!
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12 REPLIES 12
Not applicable
Gold at 1238 all time high :P
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Not applicable
and should test 1250 today..
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kwagga
Super Contributor
Ja snap, before you get too excited just remember that the fact that we are now in unchartered waters with the gold price and that means only one thing - greater swings and volatility. So be careful what instruments you trade. You don't want to end up on the wrong side of a margin call
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jannie2
Contributor
this market is deceivingly ( or not ) looking so much better. - but this gold price is screaming - watch out !! smart money buying gold ?
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doomsdayza
Super Contributor
$1 trillion doesn't even touch sides anymore. more coal on those presses stat!
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HateGauteng
Super Contributor
Price increase in gold miner and gold shares seems to be attenuating the drop on the ALSI. Its a difficult one.
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Not applicable
The price of Gold goes up every time they start the printing presses,. Quantitative Easing has its obvious results,.. So basically gold and the markets are fairly decoupled at this point?,.. Copper looks good so does EURO/YEN,.. On days like today you can see why the French hate the Brits,.. In fact the Brits must be lamenting, they did not get their man,. Poor sods,..
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DEP
Super Contributor
Euro/$ still below 1,3000 (currently 1,2625)... market does not trust the bail out?
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Fredsed
Super Contributor
Maybe it is saying that the only certainty going forward is varying degrees of uncertainty?
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HateGauteng
Super Contributor
In this market, I'm usually more short than long.
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DEP
Super Contributor
Topi testing support at 24,730? Will it hold?
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DEP
Super Contributor
Eish, CLUES = Look at Euro/$ and Gold/$. Right now, Euro still dropping and Gold holding near records!
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