Syd 22:41 GMT January 8, 2009
kl kl 21:35 GMT January 8, 2009
This Forum is dying like the Indices....LOL
Suggest they remove all those Flash associated Ads and just put Static ones or Have a Forum without Ads.
Gold is really challenging. Stocks are tanking big down under but Gold up. Now world waiting for Cease Fire in Mid East or Escalation. That is Gold Fundamentals now...a bit of disconnect if it is a hedge against Inflation Now the spin is that it is a Hedge against Deflation. The universal solution to worlds problem - Gold...ha ha ha ha. Lies and censored Lies!!
Redemption start happening in China Now!! This mess will get worst before better as more lay off happens starting February...
The Senior traders will be back next week. That is when Ninja gets excited!! gl gt allGVI
hongkong seek 16:07 GMT January 8, 2009
out with 11 dollars loss
hongkong seek 12:46 GMT January 8, 2009
very tiny short 846
Vienna GD 12:07 GMT January 8, 2009
seek ... gold bearish, $HUI VERY bearish. USD mainly depends on what equities will do ... tomorrow likely dead ugly NFP numbers and hence likey stronger buck. Crude depending on gaza + equities + russia-ukraine-eu-outcome.
In detail https://www.kitcomm.com/showthread.php?t=31564 - comments since yesterday.
!!! As usual - DYOD, as i could be dead wrong and gold rallies 30 bucks today !!!
hongkong seek 11:47 GMT January 8, 2009
GD--could u pls share yr view on gold and usd ? ths a lot
Vienna GD 11:00 GMT January 8, 2009
Hole = hope
Vienna GD 10:59 GMT January 8, 2009
nt - hope you saved most of your profits.
Waiting for the next entry below 40 or even below 38 for crude and below 2.80 for DXO - hope tomorrow!
Hole this range trading stuff repeats till the end of 2009!
Vienna GD 10:58 GMT January 8, 2009
BTW do you agree that today PMs will get hit in an ugly way?
And tomorrow the broads will get hit in another ugly way?
Vienna GD 10:56 GMT January 8, 2009
At the first glance it looks a bit calm - but this is just the 2nd day of that thread and there are already over 2000 hits.
Hence i think it will develop quite nicely.
Vienna GD 10:51 GMT January 8, 2009
Hi - mamun - hope you are well!
Glad to see you back!
How low do you expect this correction (DOW) to go?
My latest comments here: https://www.kitcomm.com/showthread.php?t=31564
AGoldhamster is my Poster-Id there.
Would appreciate to see you posting there too!
LONDON Mamun 10:24 GMT January 8, 2009
CLOSED 1/2 AT 4452 REST STOP AT 4515
LONDON Mamun 09:33 GMT January 8, 2009
sold ftse at 4505 for 4400
Syd 07:38 GMT January 8, 2009
Oil demand growth has weakened throughout the industrial world. The International Energy Agency projects that worldwide demand will actually fall this year, for the first time since 1983.So much surplus oil is sloshing around the world right now that some companies, including Shell, are using oil tankers for storage. Prices could drop below $30 a barrel, according to Merrill Lynch and other forecasters, if the Chinese economy slows drastically next year, which looks increasingly likely.
Syd 06:48 GMT January 8, 2009
Syd 04:41 GMT January 8, 2009
Recent base metals rally an example of "temporary euphoria" ahead of index re-weighting which starts tomorrow; buying flushed out shorts, gave the rally some legs but these kind of market events are there to be sold into, says senior metals trader in Hong Kong; "You just have to look around to see how bad the situation really is." Notes China's Guangdong province export growth in 2008 was 5.6%, down sharply from 22.3% in 2007. "Guangdong is the manufacturing center of China. 30% of China's exports come through there. It just is not looking good," he adds. LME 3-month copper at $3,320/ton, down $20 since yesterday's kerb with 79 lots done. Other metals volume very low, all slightly down except lead which is untraded so far.
Syd 02:44 GMT January 8, 2009
Weekly U.S. EIA oil data yesterday "forced the energy complex back to the reality of a continued bearish supply situation that is not likely to be alleviated anytime soon," says Jim Ritterbusch at Ritterbusch and Associates in note; "the weak global oil demand argument is still very much alive and well and capable of forcing crude values back to the low- to mid-$30 region." Adds "consequently, some immediate downside follow through appears likely especially if Friday's (U.S.) employment data brings another bearish surprise to the table." Says Russian natural gas supply cutoff, Gaza conflict unlikely to push oil higher without support from upswing in equity markets or dollar weakness. February Nymex crude up 14 cents on Globex at $42.77/bbl. Keyword search DOE OIL DATA or, in some systems, follow the link to read more
Syd 02:19 GMT January 8, 2009
2 hours 55 mins ago
FW CS 01:27 GMT January 8, 2009
In these markets nowadays where wide ranges are now the norm might as well plan for a more extreme reaction now like to 790 or something
hongkong seek 00:09 GMT January 8, 2009
exited with 3 dollars profit early...
gold weakness may extend to 825 this week...
Syd 00:00 GMT January 8, 2009
A German sovereign bond auction failed on Wednesday as investors shunned one of the most liquid and safe assets in the world in a warning for governments seeking to raise record amounts of debt to stimulate slowing economies.
The fate of the first eurozone bond auction of 2009 signals trouble ahead as governments around the world hope to issue an estimated $3,000bn in debt this year, three times more than in 2008.LINK