aussiebear Posted December 13, 2011 Report Posted December 13, 2011 Early openers not so chipper today: Kiwis -0.3%, Aussies -1.4%, Nikkers -1.4% and Sth Korea -1.3%. In Aussie sectors the usual suspects are heading the list: Gold -2.4%, Miners and Energy -2.1% and Materials -2%.
aussiebear Posted December 13, 2011 Author Report Posted December 13, 2011 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted December 13, 2011 Author Report Posted December 13, 2011 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
Jimi Posted December 13, 2011 Report Posted December 13, 2011 Asia session not bidding up the barbaric relic.
aussiebear Posted December 13, 2011 Author Report Posted December 13, 2011 All gloom & doom here. All Ords -1.3% for the day with little change in the sectors: Energy -2.1%, Gold, Healthcare and Miners -2% with the lone green being Consumer Staples, +0.4%. All red in Asia: China -1.5%, Honkers -0.9%, India -0.1% and Nikkers -0.9%. On to UK/Europe:
Jetlag Posted December 13, 2011 Report Posted December 13, 2011 More seriously... As we come to the end of the second half of 2011, it is evident that 15,000 billion in ghost assets have gone up in smoke since last July ... Our team believes that 2012 will bring an average discount of 30% of total Western public debt (1), plus an equivalent amount in loss of assets from the balance sheets of worldwide financial institutions. Specifically, LEAP/E2020 anticipates the loss of 30,000 billion ghost assets by early 2013 (2), with an acceleration in 2012 of the partitioning process of the global financial market (3) into three increasingly disconnected currency areas: Dollar, Euro, and Yuan. These two phenomena feed into each other. They will also be the cause of a sharp decline of 30% on the part of US currency in 2012 (4), as we announced last April (GEAB N°54 ), which will occur amidst a sharp reduction in demand for the US dollar and the worsening of the US governmental debt crisis. The end of 2011 will therefore see, as anticipated, the trigger of the European debt crisis detonating a US bomb. As the good Doctor has pointed out: Veddy interesting. Tanks for posting.
Lemur Posted December 13, 2011 Report Posted December 13, 2011 Gold recovering and now trying to get thru resistance around $1670. I am long looking for a run to $1700. May have to take a bit of profit before the newsnoise today.
DrStool Posted December 13, 2011 Report Posted December 13, 2011 Precious Metals Update and Price Projections 12/12/11
DrStool Posted December 13, 2011 Report Posted December 13, 2011 I know that many of you are IB customers. IB sent out a long letter explaining why their re hypothecation of accounts is not a problem. How comfortable are you with their explanation. Is it a case of methinks they doth protest to much? Are you moving your money out of IB. I believe that Scottrade does not engage in prop trading. I have heard or seen nothing from them. Brief comments welcome here. Longer comments, please post as a thread on Look Out Below and place a link to that in this thread. Tanks to all!
DrStool Posted December 13, 2011 Report Posted December 13, 2011 spx 2 day cycle projection of 1246 is also 61.8% fiber nacho retracement of yesterdays decline to intraday low.
I_Am_Madness Posted December 13, 2011 Report Posted December 13, 2011 Gold recovering and now trying to get thru resistance around $1670. I am long looking for a run to $1700. May have to take a bit of profit before the newsnoise today. Still got my long from 1665...
Lemur Posted December 13, 2011 Report Posted December 13, 2011 Took gold off before US retail sales then had to chase but looks like it was a good idea to get back in. Will want a cushion before FOMC.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.