PRU 1.57% $2.59 perseus mining limited

I hit a buy button for two goldies for 8k each as I bet against...

  1. 2,185 Posts.
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    I hit a buy button for two goldies for 8k each as I bet against the USD.

    . The fed must rise rate.
    In 2015 the interconnect banks' repo market surged before the day yellen hiked rate in Dec. After the bechmark rate rose then the fed fund rate was automatically adjusted the following days.

    This time is difference in the other way. The fed fund rate spiked to open another increase in the bechmark rate but the london repo rate is at its lowest lelel.

    The different is the london international repo rate isn't responding to the us fed fund rate so I believe the fed is NOT going to hike rate aggressively in 2017 therefore usd must fall

    http://www.wsj.com/articles/private...ar-low-adding-to-challenge-for-fed-1481583976

    . Santa's rally
    Opec/no opec decisions give the market a glory. Futures traders and VIC traders did bet the sp500 will continue to rise that was why the rallies are still enjoying the glory days but those traders are short term players leaving the market vulnerable to any shock to major economic event like the fed decision tonight.

    http://acrossthecurve.com/?p=28052
    http://acrossthecurve.com/?p=28040
 
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Last
$2.59
Change
0.040(1.57%)
Mkt cap ! $3.564B
Open High Low Value Volume
$2.60 $2.64 $2.58 $12.41M 4.781M

Buyers (Bids)

No. Vol. Price($)
2 3000 $2.58
 

Sellers (Offers)

Price($) Vol. No.
$2.59 13236 2
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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