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kernull

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Everything posted by kernull

  1. I still don't get, why did gold price drop in euros? if euros devaluated against dollars, gold in euros should be gonig up, it takes more euros to buy gold now. this 'misunderstanding' should be fixed by the market soon IMHO
  2. open interest for december 08 contract increased to 228,818 since august, indicating a lot of shorts & signaling lower prices for gold in december: http://futures.tradingcharts.com/chart/GD/C8
  3. Tom O'Brien just said today gold is going to 710 , this would put silver at 11 at current 63 ratio, but is 11 a support? guess not, should be 10 bucks. He also told that dollar is a dead cat bounce, however he didn't tell at what point. Later in the show he said, that everybody is calling gold bottoms right now, and everybody asks if he might to buy gold. So Tom's bottom is : "when gold goes down, and nobody calls asking for gold bottom, thats where bottom is". Conclusion: keep waiting & get more cash. this is the file, but only few minutes it talks about gold so you have to listen to all 45 min: http://www.tfnn.com/mp3s/TOS081408.mp3
  4. from the year high, 21 , 12.50 is 60% down silver ratio went to 63
  5. I am seeing this chart now for 5 min and I can't beleive it yet. what the heck is hapening... Myyyyy God.....
  6. i think one more low, lower than this week lows, is what everybody waits for.
  7. crude oil inventories today 10:35 NY times (http://www.forexfactory.com) right now we are going to top in oil just before inventories report, then after data release and some spikes we should keep going to 110
  8. :o aaaaaahhh!? Are you serious??? This due to dollar collapse or due to european economy? because every fundamental I read about euro is that it will go lower, the lowest prediction I have seen is EUR/USD to 1.33 by november/october
  9. the moon , as the same as solar wind are affecting human brain. for example, people getting too depressed and sell, or too euforic and buy more. and this date also techically has good alignment, we have dollar peaking and approaching oversold condition in commodities
  10. not much time for this sell off left, friday is the lunar eclipse, this day should mark the bottoms in commodities, not sure how low oil would go, I think it will bottom at 105, just as it happend year ago with 55 bottom
  11. well, 1 euro is 1.5000 right now, 15.25 / 1.5000 is 10.16 euros , however, 2 weeks ago it was 15.25/1.5900 = 9.59 , but... how did you get it at 7.50 ? btw, you just gave me an idea for gold&silver to pull up despite this dollar rally, as europeans will see their currency to depreciate against the dollar, they may rush into gold, so .... you see it from all the sides and thats why gold is gold. todays close left me with thougths that today was not the bottom, they bottom probably will be at 14.80 , when oil hits 110, yes, definitely all the traders wait this milestone to enter the market good strategy!
  12. this silver at 15.25 looked to me an absolute bargain and I took some
  13. i would supose that could happend because of money management issues, rather than related to mining stocks
  14. and pack them in a oxygen-free, moisture-free bag, so it will stay as fresh as you bought it (specialy for silver)
  15. what are your thoughts on this 82 dollar index call ? (i cant believe it) http://denaliguidesummit.blogspot.com/2008...ice-usd-82.html "Who amongst us would predice $USD = .82 ? And more than that, would would the US Dollar / Gold correlation Index read if the US Dollar could rally as far as .82? Let me offer two charts to illustrate my point, and then you can extrapolate what conditions would be necessary to facilitate even a partial achievement of the objectives shown........ I think the truth is far stranger than we'd care to admit, except THAT this is A PRESIDENTIAL ELECTION YEAR in the USA ! ! ! "
  16. my bottoms collection is getting bigger: http://www.gold-prices.biz/buy-gold-call-options/
  17. recovery of eur above 1.5350 would confirm temporary pull up
  18. eur breaking 1.5300 will cause a huricane of selloffs until euro 1.4500 , currently 1.5340
  19. or it is calm before the storm , or retest of previous highs
  20. why does it looks to me that this markets are oversold in the medium term (i mean oils, golds , & etc...)
  21. http://www.theaureport.com/pub/na/1524 dubai reports 227% increase in contracts in july, this must be money flowing out of the US into dubai exchange. i think they listened to jim puplava BTW, anyone trading at dubai? can you recomend me a broker?
  22. how about this one: $828.80 If Small C is equal to Small A, the target for Small C would be about $828.8 ($986.0-$158.2). http://news.goldseek.com/AlfField/1218028638.php now, imagine how many people will lose buying at 850 , get burned, and miss the run to 1600, because they will be thinking it will go to 730 or 650 or somthing like that ....
  23. oil is consolidating just below the strongest support line: 120 bearish sign expect the downtrend begin at 10:35 (crude inventories) , move should be of 10 bucks , however at 115 we certainly will bounce the ideal short position for gold would be 889, but it as 885 right now, lets see what happends
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