Jump to content

romans holiday

Members
  • Content Count

    8,549
  • Joined

  • Last visited

Everything posted by romans holiday

  1. romans holiday

    GOLD

    Not a dent in the 200MA. Gold continues its steady appreciation against currencies though now in a consolidating phase. If June/July 2012 marked the bottom of the consolidating cup then after this current re-test of the bottom wouldn't be surprised to see a rapid move to 1800-1900.
  2. romans holiday

    Trading Volatility, Ballasted by Gold

    Wanting to see one last push to 40.
  3. romans holiday

    Trading Volatility, Ballasted by Gold

    Hang about. Weren't you 'all in' years ago? You say you're putting your monthly income in now? But then why the need for a truck? Wouldn't your briefcase suffice for that?
  4. romans holiday

    GOLD

    http://news.goldseek.../1360674000.php End Currency Wars With Gold Standard? –Bloomberg Interview and FT Op-ed
  5. romans holiday

    INTERVIEWS by Dominic Frisby

    Ah, the luxury of being able to devalue by fiat. But then, to the chagrin of the rest of the world, they had an arbitary 'gold standard' for that.
  6. romans holiday

    Trading Volatility, Ballasted by Gold

    The next couple of weeks could be interesting. http://www.marketwatch.com/story/gold-flat-takes-cue-from-stable-euro-2013-02-08http://www.marketwatch.com/story/gold-flat-takes-cue-from-stable-euro-2013-02-08
  7. romans holiday

    INTERVIEWS by Dominic Frisby

    Not before those pesky Luddite politicians smash the thing to pieces in a fit of rage and throw it out the window.
  8. Keynesians, neoclassicists, Austrians etc are all just ideological labels. Economics is not like geometry or mathematics with abstract a priori truths - it's unfortunate that many professionally trained academic economists have thought it is in their desire to make economics a 'respectable' science. No, economics is simply rooted in human behaviour - observation and experience should shape economic thought that is primarily pragmatic. It's the same case with politics. No wonder economics was originally known as Political Economy. Unfortunately, the idea of 'pure science' has contaminated all of us today.
  9. When economists want a 'weaker' currency, they mean this in a relative sense, that is, relative to other currencies. It may not be considered 'good for you' as an international man of money but it is 'good for the [specific] economy', which are what economists generally have in mind [but then I see a false dichotomy there and see the two as inter-connected]. The last thing they want is a 'strong' currency [relative to others]. Of course, what they should be aiming for is balance of trade and stable currencies. It simply is not a matter for pure theory/ logic, but more to do with real world relations and practical reason. Money is primarily a practical thing, and can not be overly theorized.
  10. romans holiday

    Books

    Alain de Botton is always a good read. I'd recommend 'Status Anxiety', a good insight into what drives most of us.
  11. romans holiday

    Trading Volatility, Ballasted by Gold

    Well, simply a re-test of what I think was the 'bottom' put in June/ July last year [i sold a large position at 60 on the spike]. Sell point, after the next buy, is a bit trickier, I'm envisaging another spike like the previous one to say 70 odd. If the trend changes will change my targets. The point of the trade is to increase US dollars, and I think most would agree by now that the volaitity of silver is a good instrument for this.
  12. romans holiday

    Trading Volatility, Ballasted by Gold

    200MA good as gold. 50MA turning upwards.
  13. romans holiday

    GOLD

    Steady on old chap. The 200MA is - 20% year on year as predicted:
  14. romans holiday

    GOLD

    A re-testing of the 1600 level and then off to the races? This would complete the large consolidating cup [bowl] seen since the spike in 2011.
  15. romans holiday

    Trading Volatility, Ballasted by Gold

    40 on track this time?
  16. romans holiday

    Trading Volatility, Ballasted by Gold

    it's always possble, but I will stick to my targets for this trade. Still looking for 40 to buy. Fundamentals, or should I say the perception of them, swing one way then the other.
  17. Yup, gold stocks are not gold.... neither is silver for that matter. I take it the market has falsified the fanciful idea that stocks and silver would leverage the price of gold.......
  18. Dr Bubb, hate to be a stickler for details but those long term charts are grossly distorted using the linear scale. Basic stuff.
  19. romans holiday

    SILVER

    An explosive move up [towards 90] on its way soon? But then it's not leveraging the price of silver, more just reflecting it.
  20. romans holiday

    Trading Volatility, Ballasted by Gold

    Down-trend confirmed?:
  21. romans holiday

    SILVER

    This chart showing the relation between silver's short term volatility and its strengthening over the long term [the 200 MDA] should lead to the arguably obvious conclusion; precious metals will not act as 'inflation hedges' - with simply explosive moves up in price - but rather they will steadily appreciate in the aggregate being not simply [hyper] inflation hedges but currency hedges. Some have been predicting this quite unmysterious move in price for years.
  22. romans holiday

    Trading Volatility, Ballasted by Gold

    Turn of the worm?
  23. 1] The excellence of the machine is efficiency. It can also be applied to economy. But it is de-humanizing when applied to people. There are quite other ideals involved with the pursuit of personal excellence. 2] Besides enabling us to communicate, language serves as signs for the ideal; it provides a window on reality. Language will always be a little 'messy' and ambiguous simply because meaning, what is signified, transcends the signs. 3] Comparing the mind to a computer is just the latest in a long series of muddled attempts to explain mind by the most developed form of technology. Sapere aude
×