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Gold : Is it trending up?.

krafty

Alfrescian (Inf)
Asset
it's more like israel went rampaging in palestinian soil and banks in portugal n italy are faltering.:o

close position...


very sorry Dear Leader,

India shorted their own currency a few times in recent months, due to incoming hot money. Now they wanna reduce gold import-duties to create some selling pressure on rupee.
 
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frenchbriefs

Alfrescian (Inf)
Asset
gold can never be the world currency because soverign states will simply print fiat currencies......guys,we need fiat currency to survive.....a gold based monetary system will only lead to great depression and economic failure cause gold supply is too easily controlled......this concentrates economic power in the hands of the few....

[video=youtube;swkq2E8mswI]http://www.youtube.com/watch?v=swkq2E8mswI[/video]
 

Runifyouhaveto

Alfrescian
Loyal
gold can never be the world currency because soverign states will simply print fiat currencies......guys,we need fiat currency to survive.....a gold based monetary system will only lead to great depression and economic failure cause gold supply is too easily controlled......this concentrates economic power in the hands of the few....

Fiat is relative.

There were so many talks about strong RMB but many Singaporeans bet on RMB in the past year sitting on paper losses now
 
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Runifyouhaveto

Alfrescian
Loyal
1000 bucks for -10points, short at 1330.:(

I know you got better bets from Germany

sgantigambling_reuters.jpg
 

frenchbriefs

Alfrescian (Inf)
Asset
1000 bucks for -10points, short at 1330.:(

if u aint got the balls to hold why trade?u dont make no money trying to play the guessing game....most of the market movement is just noise and indicators not gonna tell u jackshit.....if u believe that gold is going down then short until it does.
 

krafty

Alfrescian (Inf)
Asset
it got to do with money management, with my capital and the money to hold, i can use it to play other instrument, i can recover shortly.:o

if u aint got the balls to hold why trade?u dont make no money trying to play the guessing game....most of the market movement is just noise and indicators not gonna tell u jackshit.....if u believe that gold is going down then short until it does.
 

frenchbriefs

Alfrescian (Inf)
Asset
it got to do with money management, with my capital and the money to hold, i can use it to play other instrument, i can recover shortly.:o

well if u want to manage ur bankroll,simply use 10% of ur bankroll and bet on it....bet on it until u win.....shorting might be dangerous so buy some options instead....
 

krafty

Alfrescian (Inf)
Asset
no worries...seems that gold price up, silver will follow, this is what i understand from this chart:

<a href="http://s613.photobucket.com/user/hightoss/media/ratio-or-argent_zps6c361a2a.png.html" target="_blank"><img src="http://i613.photobucket.com/albums/tt218/hightoss/ratio-or-argent_zps6c361a2a.png" border="0" alt=" photo ratio-or-argent_zps6c361a2a.png"/></a>

not sure Dear Leader, please teach me when you have a clearer picture
 
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