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fibking

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About fibking

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  1. gold has nothing to do with interest rates nor inflation.gold rises and falls with confidence in government period.i watch cnbc a lot for one reason to see the lies they are an excellent source for finding bottoms and tops.you don't here about gold until its up 20% then its all hey look at gold folks its breaking out.when oil was down in the 20's you get the extreme $10 calls etc they are bullish the dow when its falling and then suddenly turn bearish as it turns.right now its all about how the banks are a buy espically goldman sachs just watch goldman you'll see what i mean.and look at the c
  2. for those confused or lost or for those looking at the market all wrong here is whats going on.the eur/usd move back in march said it all draghi came out and said that there would be no more interest rate cuts after expanding qe and this created a whipsaw for eur/usd to the upside.then the japanese go neg rates and the yen rallied!why?because this was a big poke in the eye of the fed.the fed could not then raise rates and yellen was forced to go super dovish.with todays non event by draghi it now allows yellen to raise.with the dollar having fallen so much the damage will be limited.the centra
  3. it has topped without the shadow of a doubt.the interesting play is thru gold check out correlation.aussie was the last thing holding it up now gold is going to go into freefall. a close below 7415 on a daily level will send aud to below 72 handle.
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