- Search Energy EXCH
- 323 Results (309 Replies, 14 Comments)
- EricB replied May 15, 2013
No idea Gno - trying to average out - Can go any direction. Some news items are bullish: $1 Billion invested in Russian Gold mines yesterday, China/India gold market is red hot, others bearish - GLD bullion 2.3% down, inventories in COMEX down. Some ...
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- EricB replied May 15, 2013
I was hoping I wouldn't have to respond but just for other users sake: 1) B-Unit/Terminal usernames are confidential - there is no reference related to PLI Licenses and I fail to see the connection - I think you are just using terms to confuse ...
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- EricB replied May 15, 2013
Warren, I don't pass out confidential data. We both know what the truth here is, so I am going to leave it that. I am not going to respond to your rant any further. FYI for other users, there is no system that enables anyone to know what ...
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- EricB replied May 15, 2013
No Arguments just facts: 1) You have never used a Bloomberg Terminal - hence your conjecture about it is false and misleading - it would be more useful for users of this forum not be mislead. 2) It is more likely that I know much more about libel ...
All Majors and Gold
- EricB replied May 15, 2013
I have used a Bloomberg Terminal for better part of 7 years. There is no function where you can see another organisations "waiting trades". I have also followed Jim Rodgers calls for the better part of 8 years and know how speculators tend to use ...
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- EricB replied May 15, 2013
Jim Rodgers is a charlatan - he never shares his trades and only goes on media to drive prices. Where his buy positions are no one knows and neither does anyone claim to know where institutional orders are sitting. The only indicator that can give ...
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- EricB replied May 15, 2013
Yes its a delicate balance - naked shorts lower the price while bullion is loaded up on. Then when there is a rise the paper will be bought back raising price further. Arithmetically quite complicated to exercise but I'm sure there is a computer ...
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- EricB replied May 10, 2013
I wouldn't count on it too much. The resistance seen around 1.30 could be monetary supply related. Fundamentally it should be around 1.24-1.26 range but its not. Hence it could either go that and find its value or it could be propped up by ECB in ...
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- EricB replied May 10, 2013
failure of Euro + dollar diminishing in value, Yen the same = Asset Price Normalisation i.e. Everything will find its Fair Value - Including Gold.
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- EricB replied May 10, 2013
As much as I would like to agree do not forget CB's ability to lease gold in very large quantities via their trading partners like JP Morgan and pay negative interest rate i.e. they will lease you gold and will pay you money to have it. When ...
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- EricB replied May 10, 2013
While I have the time here is my last observation. There just isnt enough productivity in the world at the moment to sustain World Growth. That is scary. Phase I: Internet to make people spend more- e-Commerce the big thing in late 90's. Will ...
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- EricB replied May 10, 2013
Fundamentally should go above 1490. But I cant rule out another sustained attack on Gold driving it down to get people out of this asset class.
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- EricB replied May 10, 2013
I wanted to say something about Buffet's quote on Gold. Though I am a great admirer of him, and I can understand his perspective, I am inclined not to agree with his opinion of Gold. What he says about Gold can be said about any asset class. The ...
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- EricB replied May 10, 2013
Still not sure how long this will carry on. However I had a short position targeting 20's which I have closed now completing the trade cycle.(Please see my excess volatility trade posts). On a fundamental level the volumes involved mean that about ...
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- EricB replied May 1, 2013
Nope - I am still in there - took long 1441 - Still open
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- EricB replied May 1, 2013
I don't see what you see. Volume is pretty high on the moves down and not as high on moves up. As you know I am still sticking to my April 16th strategy (excess volatility trade), looking at this as a dip to buy. My Target 3b is still open on the ...
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- EricB replied May 1, 2013
As predicted above: "Exchange data showed that the fall at JPMorgan's warehouse was led by plummeting "eligible" stocks, which meet COMEX requirements but do not have warehouse delivery receipts issued against them, as opposed to "registered" ...
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- EricB replied Apr 30, 2013
Variable Average Indicator is an Exponential Average Indicator. Automatically adjusts its smoothing constant on the basis of Market Volatility.
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- EricB replied Apr 30, 2013
Closed out Target 4 a little early at 1479 - From PA it seems its going to break higher. Will be looking to reopen position on a dip. VA indicator pointing towards break out above 1485. Downside risks remain though probability reduced.
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- EricB replied Apr 27, 2013
Start of Hybrid Perceived Volatility Trade - April 19th. Met Target 1 April 24th Met Target 2 April 25th Met Target 3a April 26th Chances of meeting Target 3b are low though position is open. Target 4 and above. Bias is up.
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