Hedge Fund Redemptions May Crash Q1 Markets [View article]
i dont agree with this article the reason behind this is very simple, that consumptiion from the major consuming countires will be declined and is still declined if it reach upto 4-5000 ouce dollar that means only funds can make this possible not the real consumer. Second thing is that funds will be sell gold at every higher price because of deleraging expected to be continue at least for sometime ..... only funds can make it possible if they are able to invest and ready to loss ....world economy mostly reduced the consumption capacity second thing selling from IMF (gold ) can take prices belwo the 600 ounce dollar....
ok gold stock can be rise between the time.. since they are always bullish , but the dollar expected to be recover very soon currently trading at 77 but it can be highe above 100 very soon and next year which will be the main reason of higher gold prices in future...... i am going to make my short postion from US$890-850 for short term target of US$690 and then US$590 ..........upside price can rise upto US$1080
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i dont agree with this article the reason behind this is very simple, that consumptiion from the major consuming countires will be declined and is still declined if it reach upto 4-5000 ouce dollar that means only funds can make this possible not the real consumer.
Dec 23 02:22 am
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All Comments by Rakesh V »Hedge Fund Redemptions May Crash Q1 Markets [View article]
Second thing is that funds will be sell gold at every higher price because of deleraging expected to be continue at least for sometime ..... only funds can make it possible if they are able to invest and ready to loss ....world economy mostly reduced the consumption capacity second thing selling from IMF (gold ) can take prices belwo the 600 ounce dollar....
ok gold stock can be rise between the time.. since they are always bullish , but the dollar expected to be recover very soon currently trading at 77 but it can be highe above 100 very soon and next year which will be the main reason of higher gold prices in future...... i am going to make my short postion from US$890-850 for short term target of US$690 and then US$590 ..........upside price can rise upto US$1080