World Stock Markets Trading Discussion - Unsettled undulations

[aussiebear]

http://www.engrish.com/2012/12/this-is-why-i-dont-eat-in-a-bar/

 

Found at restaurant in Shanghai, China.

 

 

[aussiebear]

Early openers floundering: Kiwis -0.6%, Aussies +0.2%, Nikkers -0.1%, Sth Korea closed.

In Aussie sectors, resources are getting more favourable attention: Miners +1% down to Consumer Staples -1.7%.

 

 

[aussiebear]

http://finance.yahoo...lindices?e=asia

[aussiebear]

http://money.cnn.com...s/morning_call/







http://www.kitco.com



http://www.kitconet....ase_metals.html

 

 

http://finance.yahoo.com/

[jp6]

Strong Dollar can't be good for Gold

 

Reserve currency war, $ should win for now

 

 

[aussiebear]

 

A sideways day for All Ords with the index closing +0.3%.  Most sectors had some sort of gain led by Miners +1.3%, Energy +1.1% and Materials +1%.

Asia did reasonably well: China +1.4%, Honkers closed, India +0.2% and Nikkers +0.7%.

 

 

On to UK/Europe:

 

[DrStool]

Today Is The Day For Gold - Professional Edition http://wp.me/p2r1d8-Ft0

[DrStool]

The dollar is strong right now because a couple hundred billion were just pulled out of the banking system into the US Treasury, creating a temporary shortage. 

[juggler]

The dollar is strong right now because a couple hundred billion were just pulled out of the banking system into the US Treasury, creating a temporary shortage. 

 

Ha ha ha, shortage of $s ... Doc u r funny.

[DrStool]

$spx 2 day cycle projection out of the starting gate tentatively looks 1667ish. 

[DrStool]

Ha ha ha, shortage of $s ... Doc u r funny.

 

I know it sounds funny, but I'm dead serious. There's a lot of dollars needed to service debt. Take a few hundred billion out of the market temporarily and you have something akin to a short squeeze. 

 

This will normalize somewhat in the second half. But the current rally in the dollar correlates directly with the sharp deficit reductions of the past few weeks. 

 

So, no, I'm not joking. It's just technical supply and demand shit. 

[potatohead]

This is interesting. Seems very bullish for the miners, especially juniors.

http://bullmarketthinking.com/soros-reports-over-239mm-in-gold-positions-buys-25mm-in-call-options-on-juniors/

[Jetlag]

I know it sounds funny, but I'm dead serious. There's a lot of dollars needed to service debt. Take a few hundred billion out of the market temporarily and you have something akin to a short squeeze. 

 

This will normalize somewhat in the second half. But the current rally in the dollar correlates directly with the sharp deficit reductions of the past few weeks. 

 

So, no, I'm not joking. It's just technical supply and demand shit. 

 

It makes sense, solid observation (by watching )

[jp6]

 

Thanks to the FED’s recent addition of the London PM fix data, April 1968 to date, we have uncovered an unmistakeable repetitive pattern in Gold. The chart below displays the price data for the entire period.

 

 

 

 

 

 

 

The initial reaction to this two tier Gold pricing system was a rally to $44 by 1969. Then Gold declined back down to $35 by 1970. In January, 1970 the Gold price began to rise again. By August, 1971 the price of Gold had risen back to $44, and the USA abandoned the Gold standard altogether. This launched the 1970-1980 bull market. Notice the 1968-1970 double bottom, then the 10 year 1970-1980 bull market.

After the January, 1980 blowoff top in Gold a 19 year bear market followed. In 1999 the price of Gold hit its low at $253. Then after a rally to $326 it retested that low again in 2001. What followed, as we have all observed, was a 10 year bull market into the 2011 high. Notice this bull market pattern, in time, is identical to the previous bull market: a 2 year double bottom followed by a 10 year bull market.

 

http://caldaro.wordpress.com/2012/07/09/gold-deja-vous/

[DrStool]

Gold Set Up For Major Bottom http://wp.me/p2r1d8-Ft7