Forex Forum Archive for 09/1/2013

dc CB 23:56 GMT September 1, 2013
Guess Which "Bearish" Bank Bought A Record Amount Of GLD In Q2

"Potential claims against deliverable supply on the COMEX remains elevated at about 52 per ounce" (Gold)
+++++++++++++++++++++++++++++++++++++++++++

So that's 50 to 1 leverage.

yet during tonight's first hour another 78,000 ounces were sold on the Comex/Globex.

Syd 23:43 GMT September 1, 2013
Financial cost of the Iraq War
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The costs of the 2003-2010 Iraq War are often contested, as academics and critics have unearthed many hidden costs not represented in official estimates. The most recent major report on these costs come from Brown University in the form of the Costs of War project,[1] which said the total for wars in Iraq, Afghanistan, and Pakistan is at least $3.2-4 trillion.[1] The report disavowed previous estimates of the Iraq War's cost as being under $1 trillion, saying the Department of Defense's direct spending on Iraq totaled at least $757.8 billion, but also highlighting the complementary costs at home, such as interest paid on the funds borrowed to finance the wars and a potential nearly $1 trillion in extra spending to care for veterans returning from combat through 2050.[1] An update in 2013 topped this at US$6 trillion.[2]

LINK

dc CB 23:27 GMT September 1, 2013
The difference? Russian warships.



Wm Banzai7

Mtl JP 22:58 GMT September 1, 2013
The difference? Russian warships.

dc CB 21:46 maybe things are closer on Willie's timeline even more than he figures:

Saudis Urge Action on Syria - sept 01 2013

likely there is something else going on than the Saudi's pretend moral indignation call "to stop this aggression against the Syrian people". something is currently not going well for them to a point of calling "U.S. officials "weak" and even "cowards."

tokyo ginko 22:56 GMT September 1, 2013
The difference? Russian warships.

good link, thanks CB!

JERUSALEM KB 22:20 GMT September 1, 2013
Pipshunter

Sell Gold
Entry: 1392 Target: open Stop: 1382

Pipshunter: Reply
Pipshunter: Reply
Sell Gold
Entry: 1392 Target: 1369 Stop: 1404

sold

out of half 110pips sl to brek even

JERUSALEM KB 22:13 GMT September 1, 2013
Pipshunter

Pipshunter: Reply
Sell Gold
Entry: 1392 Target: 1369 Stop: 1404

sold

out of half 110pips sl to brek even

JERUSALEM KB 22:06 GMT September 1, 2013
Pipshunter

Sell Gold
Entry: 1392 Target: 1369 Stop: 1404

sold

tokyo ginko 22:03 GMT September 1, 2013
relief rally

snp opened +0.5%..

oil is down $1.60

eur/usd flat...
usd/jpy firm..

GT all

dc CB 21:46 GMT September 1, 2013
The difference? Russian warships.

Syria is about the last gasp for the Petro-Dollar, the emergence of energy pipeline geopolitics, the rise of the NatGas Coop, the new dominance of Russian Gazprom, the eclipse of OPEC, the fall of the house of Saud, and a grand adjustment process in global commerce and banking.

Syria, Pipeline Politics, OPEC & the USDollar

dc CB 21:31 GMT September 1, 2013
Guess Which "Bearish" Bank Bought A Record Amount Of GLD In Q2

Stox Up 20% or MORE

Fun With Covers

GVI Forex john -- Inner Circle 18:39 GMT September 1, 2013
Calendar
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September 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, September 2. Updated: Trading Events Calendar

HIGH IMPACT RELEASES: CN- HSBC PMI, EZ/DE/FR/UK- PMIs, US/CA- Holiday

• Far East: CN- HSBC PMI.
• Europe: EZ/DE/FR/UK- PMIs.
• North America: US/CA- Holiday


Direct links to primary data sources

dc CB 18:36 GMT September 1, 2013
Guess Which "Bearish" Bank Bought A Record Amount Of GLD In Q2

Potential claims against deliverable supply on the COMEX remains elevated at about 52 per ounce as the Exchange muddled through the end of the August delivery period.

The claims spread out over every available ounce stored at COMEX warehouses, whether it is for sale or not, is also high at 5.46 per ounce.

Potential Claims Per Deliverable (Registered) Ounce Remains Elevated On the Comex

GVI Forex john -- Inner Circle 18:35 GMT September 1, 2013
China
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GVI Forex john -- Inner Circle 16:59 GMT September 1, 2013
U.S. backs off on Syria. PMI data due. U.S. & CAD Holiday
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• HIGH IMPACT ITEMS:  AU/CN- PMIs. CN- HSBC PMI, EZ/DE/FR/UK- PMIs, US/CA- Holiday
  
  
• After ill-conceived threats, President Obama appears to be in the process back out from military action.Obama will  attend  the G20in St. Petersburg in Russia. We don't expect much.


• Markets can now refocus on the timing of a widely-expected tapering of the Fed's asset purchase program (QE).


• An outflow of funds from Emerging Markets (EM) who had come to depend on excessive monetary ease (QE)  should continue to be a market influence. With exports demand soft, EMs have been sellers FX reserves to support their currencies.


• PMI reports will be released daily through Thursday. There are also central Bank decisions from Australia, Canada, the U.K. and the ECB. In addition to a slew of other reports. Friday features key U.S. employment data. Thursday  and Friday are Jewish holidays which could limit dealer participation. On Saturday Australia holds national elections.


• For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar and see the  FOREX FORUM  for latest key data and charts as they are released.
  

GVI Forex Blog 16:59 GMT September 1, 2013 Reply   
HIGH IMPACT ITEMS: AU/CN- PMIs. CN- HSBC PMI, EZ/DE/FR/UK- PMIs, US/CA- Holiday After ill-conceived threats, President Obama appears to be in the process back out from military action.Obama will attend the G20in St. Petersburg in Russia. We don't expect much. Markets can now refocus on the timing of a widely-expected tapering of the Fed's asset purchase program (QE).

U.S. backs off on Syria. PMI data due. U.S. & CAD Holiday

ed kw 15:38 GMT September 1, 2013
relief rally

1 hour ago - September 1st, 2013 13:56:22 GMT
Japanese tax hikes more likely as expert panel endorses move
by Adam Button
If you wanted consumer inflation in Japan, you�re going to get it. Although not in the way most would like.
Economy Minister Akira Amari said 7 days of expert testimony showed the majority of experts in favor of a planned move to hike the consumption tax to 8% from 5% in April 2014. Among the 60 experts who testified last week, 46 supported the current tax timetable, while 10 proposed a change of the plan
The caveat, Amari said, is that the panel also recommended action to counteract the tax hike, including higher spending and other tax cuts. At this point, I think that course of action is a fairly safe bet.

tokyo ginko 13:53 GMT September 1, 2013
The difference? Russian warships.

Well done! President Bashar al-Assad.

Park a few warships along with other of your own warships with Russian flag! Reminds me of Art of War.

tokyo ginko 13:11 GMT September 1, 2013
relief rally

Dubai Shares Gain Most Since 2012 as Obama Delays Syria Strike

up 3%

let's see Asia..

GVI Forex john -- Inner Circle 12:37 GMT September 1, 2013
Chart Points
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many more chart points
About Moving Averages
About Bollinger Bands

Paris ib 10:57 GMT September 1, 2013
The difference? Russian warships.

I've had a gutful of Anglo-American destruction and death. If the death machine gets stopped that's a good thing. Full stop.

tokyo ginko 10:04 GMT September 1, 2013
The difference? Russian warships.

"The loss of the Syrian market would be a huge blow to Russia's arms export industry, which has already lost an estimated $4.5 billion in lost contracts with Libya and as much as $13 billion due to UN Security Council sanctions against Iran."

"it's all business....killing my customer is taking away my rice bowl.."

Paris ib 09:15 GMT September 1, 2013
The difference? Russian warships.
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While all the moronic pundits talk of public opinion, people power and legal constraints, the only difference between the attack on Libya and the proposed attack on Syria (by the same people) is: the Russian WARSHIPS parked alongside Syria.

The votes (which the UK and the US) - did not bother with in the case of Libya - are merely a face saving way for the UK and the US to back down after so much war mongering on the part of Cameron and Obama. Clowns, liars and war criminals both and neither is constrained by public opinion.

Amman wfakhoury 08:24 GMT September 1, 2013
GOLD 40$ up or down
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Important post @ Gold forum