GOLD 0.51% $1,391.7 gold futures

Gold, page-2469

  1. 800 Posts.
    lightbulb Created with Sketch. 1
    You're correct.
    I think Yellen is smarter than Draghi.

    I expected Draghi will deliver more QEs rather than a cut in deposite rate.

    An additional QE will curb the potential of a US rate hike.

    QEs do not actually lift the pog but if there's a drop in USD. It could send pog back to a comfortable level due to its long overdued undervalue.

    Existing 60 billions Euro in QE plus an interest rate hike are pains in the ass.

    Additional negative deposit rate forces consumers to spend rather than to put cash in the banks.

    Swiss central banks did introduce negative rate sometime last March 2015.

    China banks are going to lower their rate.

    Australia is eager to lower rate.

    All other countries are lowering rates while US is lifting rate.

    US will take this TRADE advantages because people will borrow Cheap monies in their countries to invest in the US.

    US stocks will recover at a very fast pace.

    Why should Draghi cut rate. Is He going copy the US supreme crisis where properties are already sky high.

    How long will it take Euro retain its value. It took 7 years for the USD to stand at this time.
    Will USD fall because there's more money supplies in Europe in which the liquidities increase the Euro value.

    Is Yellen a worse person. It's not if other central bankers are dumb enough to fall in her trap.

    This is about the near future. At the moment I go step by step to see if I can go long on gold and oil.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.