Jump to content

tinecu

Members
  • Content Count

    734
  • Joined

  • Last visited

Everything posted by tinecu

  1. Soros article http://business.timesonline.co.uk/tol/busi...icle3673569.ece some interesting points and predictions... -few alternatives to the dollar -a new bottom 6weeks to 3 months out. Seems to be similar to the Oreol (spelling?) type prediction. Now entering the soft centre.
  2. Yen carry trade back in overdrive today? $1 buys change % 52 wk-h 52 wk-l Yen 101.91500 1.99000 +1.99 124.15000 95.71000
  3. What a day! Blimey guv. Taken a hit on my new silver but hey ho....it will feel like a great investment when the really bad news starts coming out later in the year. Could be as late as August . the Fed simply can't keep it up for ever. So far the markets have only noticed the emperor has no socks on.
  4. tinecu

    GOLD

    I'm getting the impression that '-ve lease rates' be they real or implied are rather bullish for gold...IMO it means there is very little demand to short gold. Suggesting a widespread belief that gold will rise from here? edit:spelling
  5. tinecu

    GOLD

    Ooops forgot link: http://www.aci.net/kalliste/Gold3.htm
  6. tinecu

    GOLD

    this is worth a read. Note. The 'Cash and Carry trade' and the final example cited of a central bank in need of liquidity at the bottom of the page.
  7. tinecu

    GOLD

    I wonder if they both hold Gold shorts by any chance?
  8. tinecu

    GOLD

    CGNAO's take in the lease rate move... "Central banks dumping gold like it's going out of fashion. They desperately want to hold it back, but they can't. " http://www.housepricecrash.co.uk/forum/ind...046&st=2175
  9. tinecu

    GOLD

    Hmm so lots of borrowing of gold took place over the last two months....probably to sell high and buy back low as everyone and their dog expected a correction post $1000. So now they want to give it back....but the banks aren't keen as this means handing out their precious liquid funds in a credit squeeze. So this could go several ways...here's two...maybe 1)Gold borrowers decide to enjoy being paid to keep it (like fiat)..gold price goes up? 2)Investors don't want the risk of further falls and force the banks to take it back...banks have to borrow or sell their remaining gold or other assets to cover the USDs needed to repay the loan. The outcome of this depends on how much the gold the gold lenders have left in their vaults. Re point 1...if investors can get Libor + the lease rate return on their money in a 'safe haven' won't they rush to it and create a shortage of supply in Gold? Or is this too optimistic?
  10. tinecu

    GOLD

    Silver looked cheap to me at $17.7...so I bought.
  11. tinecu

    GOLD

    Great post. Methanol and hydrogen fuel cells also use platinum.
  12. tinecu

    GOLD

    Well put. They'll all get it eventually.
  13. tinecu

    The Euro is going to $1.62

    OK, but why 1.62? Got a chart?
  14. tinecu

    GOLD

    Is it me or did someone just turn the Yen carry trade on full monty today? Is that the G7 plan to avoid catastrophy? Oh dear... Short term= recovery long term = inflationary collapse
  15. tinecu

    GOLD

    Yeah the guy seem rather optimistic!
  16. Hey guys/gals, the British Empire was almost entirely a commercial operation based on the fractional reserve system. IMO America was doing really great as an alternative to the unfairness of Britain....but it all went badly wrong as the Rebels morphed into the Dark-side they had escaped from. Its a classic tale in history. Adopting the UK's perverse banking practices in the earlier part of the the last century was the last nail in the coffin of Americas hard won freedom from oppression by the elite. There is no myth. Thomas Jefferson was a genius, it just went pear-shaped. Just my two-penneth.
  17. tinecu

    GOLD

    Gold is gaining against all fiat tonight even the JPY!
  18. tinecu

    GOLD

    Now it must be big if we are quoting Churchill
  19. tinecu

    GOLD

    but Pt and Pd are heading down
  20. tinecu

    GOLD

    £500+ on BV
  21. tinecu

    GOLD

    Yup, but first 16K/kg GBP=toast
  22. http://www.stockbrokers.barclays.co.uk/con...-02%2011_00.pdf Any thoughts on this? Code: INXG LSE Normally thought of as a conservative investment and protection against inflation...as long as the UK keeps their triple A rating of course.
  23. tinecu

    GOLD

    1) Loads 2)Yes (and this will increase in the mania phase) Hence the chance of a sharp correction...but after the shake-out Gold will rise again IMO
  24. tinecu

    GOLD

    I like the 1kg 'coins' ...saves hours of counting The Times says 'Hoard Gold' today!! The masses are wising up at last. Return to the 1970s: how to reap a profit in the downturn With the rocketing price of oil, gold and many other commodities reminding investors of the turmoil that Britain faced 35 years ago, we asked the professionals to outline the best ways to profit from the current chaos raging in the world’s markets http://business.timesonline.co.uk/tol/busi...icle3558728.ece
×