U.S. Dollar Strength and Implications for Gold [View article]
I have seen many investors who say this or that asset price is artificial, if you were are real trader short US$ Index, by today you would be broke completely.But luckily 99% of writers on Seeking Alpha are just,well,writers and may continue to entertain me or traders like me with their great, funny, up to date stories.That's why I love Seeking Alpha, no other writers have such a sense of humour, such knowledge of finance! Regarding those artificial asset prices, ANY ASSETS PRICE IS IT'S ONLY AND REAL PRICE WHERE BUY/SELL ORDERS MEET AND ARE READY TO TRADE AT THIS PRICE.ANYBODY WHO THOUGHT THAT PRICE OF US$ IS ARTIFICIAL AND BOUGHT AGAINST IT EUR BY NOW HE IS BROKE AND KNOWS, THAT BUY EUR/USD ORDER WAS MORE THAN REAL AS HIS PROFIT/LOSS WAS COUNTED FROM THE PRICE HE BOUGHT. Nobody asks what is real what is not, the margin requirements are the same for everybody, when billion dollars investor on the margin call he liquidates just as happened with most hedge funds long commodities, they didn't ask if nickel price today is real or it was real when they bought it, it is they who were asked to close their fund by their bank or broker who lended to them real money...got it?
Gold, Viagra and Emerging Markets: Harry Dent on 2009 and Beyond [View article]
The GC will crash, I repeat my previous comments only bring new observation for your consideration. Today walking in the downtown in Frankfurt, Germany, I passed many jewelerly boutiques many of them are brand names like Cartier, Wempe, Christ and all the rest is high street high end focused luxury selling shops. Most of this boutiques were empty and employees inside exceeded public inside, I wondered if they sold anything at all today. Then we went with my girlfriend to shopping center also high end focused, the highest floor with most expensive designer clothes was alost empty, the one below little occupied, the floor where are the cheapest brands and exit/entrance was also not busy. That's why Gold is heading for 700,600,500,400,300,20... but soon 500-600 $ per ounze is very likely.
The GC will crash, I repeat my previous comments only bring new observation for your consideration. Today walking in the downtown in Frankfurt, Germany, I passed many jewelerly boutiques many of them are brand names like Cartier, Wempe, Christ and all the rest is high street high end focused luxury selling shops. Most of this boutiques were empty and employees inside exceeded public inside, I wondered if they sold anything at all today. Then we went with my girlfriend to shopping center also high end focused, the highest floor with most expensive designer clothes was alost empty, the one below little occupied, the floor where are the cheapest brands and exit/entrance was also not busy. That's why Gold is heading for 700,600,500,400,300,20... but soon 500-600 $ per ounze is very likely.
U.S. Dollar Strength and Implications for Gold [View article]
Regarding those artificial asset prices, ANY ASSETS PRICE IS IT'S ONLY AND REAL PRICE WHERE BUY/SELL ORDERS MEET AND ARE READY TO TRADE AT THIS PRICE.ANYBODY WHO THOUGHT THAT PRICE OF US$ IS ARTIFICIAL AND BOUGHT AGAINST IT EUR BY NOW HE IS BROKE AND KNOWS, THAT BUY EUR/USD ORDER WAS MORE THAN REAL AS HIS PROFIT/LOSS WAS COUNTED FROM THE PRICE HE BOUGHT.
Nobody asks what is real what is not, the margin requirements are the same for everybody, when billion dollars investor on the margin call he liquidates just as happened with most hedge funds long commodities, they didn't ask if nickel price today is real or it was real when they bought it, it is they who were asked to close their fund by their bank or broker who lended to them real money...got it?
Gold, Viagra and Emerging Markets: Harry Dent on 2009 and Beyond [View article]
Today walking in the downtown in Frankfurt, Germany, I passed many jewelerly boutiques many of them are brand names like Cartier, Wempe, Christ and all the rest is high street high end focused luxury selling shops.
Most of this boutiques were empty and employees inside exceeded public inside, I wondered if they sold anything at all today.
Then we went with my girlfriend to shopping center also high end focused, the highest floor with most expensive designer clothes was alost empty, the one below little occupied, the floor where are the cheapest brands and exit/entrance was also not busy.
That's why Gold is heading for 700,600,500,400,300,20... but soon 500-600 $ per ounze is very likely.
Gold's Big Picture [View article]
Today walking in the downtown in Frankfurt, Germany, I passed many jewelerly boutiques many of them are brand names like Cartier, Wempe, Christ and all the rest is high street high end focused luxury selling shops.
Most of this boutiques were empty and employees inside exceeded public inside, I wondered if they sold anything at all today.
Then we went with my girlfriend to shopping center also high end focused, the highest floor with most expensive designer clothes was alost empty, the one below little occupied, the floor where are the cheapest brands and exit/entrance was also not busy.
That's why Gold is heading for 700,600,500,400,300,20... but soon 500-600 $ per ounze is very likely.