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  • Goldman Sachs bets against the US dollar as economies reopen

    From cnbc.com

    Goldman Sachs has begun to establish short positions on the dollar as the reopening of economies is expected to lure investors out of the traditional safe-haven currency. In a note over the weekend, Goldman strategists said that while they had maintained that it was too early to look for “outright and sustained Dollar downside given the balance of cyclical risks,” shorts on the dollar now looked attractive in certain currency crosses. Goldman cited the “steady reopening process, limited evidence of a pickup in Covid infection rates, and encouraging policy actions like progress on the EU Recovery Fund,” a 750 ... (full story)

So they are buying dollar then...
Quoting OnlineAddict
So they are buying dollar then...
lol...yup exactly..i mean everything has come back from precovid already. Why didnt they say it even last month..
2 weeks ago they said they have abonded their short position ...
Quoting goldenmike
2 weeks ago they said they have abonded their short position ...
And thats when it dropped...
bullish for USD.

I wonder if Mnuchin wrote the news
Quoting OnlineAddict
So they are buying dollar then...
Haha yes.
i agree with goldman..charts are telling me the multi year bull USD dollar run has finished
Guys, stop laughing at manipulators, they working hard to make shit up for our entertainment
Wow, All 7 of the prior posters are cynical and don't believe the new? Imagine that!

Now how come everyone doesn't complain about the above posters who don't believe in the "fake news"?

So how do you determine if it is true or un-true?

Curious about this - seriously people. Let's do a poll:

Do you trust the news that gets released? Yes, No, maybe
Quoting fxsport
Wow, All 7 of the prior posters are cynical and don't believe the new? Imagine that! Now how come everyone doesn't complain about the above posters who don't believe in the "fake news"? So how do you determine if it is true or un-true? Curious about this - seriously people. Let's do a poll: Do you trust the news that gets released? Yes, No, maybe
This is not news. When a bank, hedge fund or any other big MM tells you what trade to take, its not because they like you so much and want you to make money. Money on the market has to go from one hand to another, we don't produce anything, we are just tricking others to get their money.

When EU was below 700 not so long ago, big bank analysts were saying to go short.
Quoting OnlineAddict
{quote} This is not news. When a bank, hedge fund or any other big MM tells you what trade to take, its not because they like you so much and want you to make money. Money on the market has to go from one hand to another, we don't produce anything, we are just tricking others to get their money. When EU was below 700 not so long ago, big bank analysts were saying to go short.

Pretty much spot on an investment bank giving you investing advice in your favor go figure right. It's funny I'm finishing up a book that talks about how headlines in stories get the masses going the wrong. The examples went as far back as 1950s and it was pretty accurate. Anytime a headline told the masses to go one way in the next few weeks to months it literally went the other direction.
What i know from the news is that Italians harvesting spaghetti on a trees, that's all i know.
Quoting fxsport
Wow, All 7 of the prior posters are cynical and don't believe the new? Imagine that! Now how come everyone doesn't complain about the above posters who don't believe in the "fake news"? So how do you determine if it is true or un-true? Curious about this - seriously people. Let's do a poll: Do you trust the news that gets released? Yes, No, maybe
Yes..... No..... Ohhh i see what you mean...
Quoting Momofrmnyc
{quote} Pretty much spot on an investment bank giving you investing advice in your favor go figure right. It's funny I'm finishing up a book that talks about how headlines in stories get the masses going the wrong. The examples went as far back as 1950s and it was pretty accurate. Anytime a headline told the masses to go one way in the next few weeks to months it literally went the other direction.
Yep. Remember bitcoin before christmas 2 years ago? All media talking people into buying it below 20k, daily stories of people selling their houses, buying bitcoin and living in their cars, waiting to make a fortune. It was so obvious that it was almost sad how many people fell for it.

In here, that KPMG troll bought at those levels and is screaming about bitcoin hitting 100k ever since.
Truth. The volatility alone on bitcoin is disgusting and I'll never touch it. We are waiting for pandora box to unfold. A lot of people will be caught on the wrong path of "growing optimism/risk on". I feel like a meteoric drop is in the works and things might get truly scary real soon. I'm just watching from the sidelines taking small moves and getting out immediately.
watch how it changes with this version of marketwatch

https://www.marketwatch.com/story/he...le_top_stories
goldman crew is not very clever. they make money on insider news.

when that sometimes fail, go crying to president to bail them out.

capitalism at its best.
  • Post #19
  • Quote
  • Edited at 10:23pm Jun 1, 2020 9:56pm | Edited at 10:23pm
Is that the same disgusting crooks that said Bitcoin is bad, stocks good???

Ohhh


Here's the link to our Crypto, Bitcoin thread. 👏🍻
Only smart people can post. Anyone can read 🤔😂
News, charts, opinions ....

https://www.cryptocraft.com/showthre...649&lastpage=1

Check the first post for general info. 🤔👌💰
While there, please vote on first page.
Thanks 👏🍻😲
Attached Image (click to enlarge)
Click to Enlarge Name: total-debt 2016 compare Bitcoin.jpg Size: 3 KB
Quoting OnlineAddict
{quote} Yep. Remember bitcoin before christmas 2 years ago? All....
r it. In here, that KPMG troll bought at those levels and is screaming about bitcoin hitting 100k ever since.
Frigging scum liar - that's you yes

I SOLD at November - December 2017 and advised all to wait....

Ooohhh look liar. .. 😳😳

Quoting Not-KPMG
{quote} Relax!!! Nothing has changed!!

... bit. .. About your previous post...hmmm.5000 is possible.


And I bought $250 levels in 2015 and 4-5k last dozen months....
History is there, my thread etc...

Who are you lying to, dumb liar?
  • Post #21
  • Quote
  • Edited at 10:25pm Jun 1, 2020 10:00pm | Edited at 10:25pm
PH

Difficult to lie to us - smart people and FF history ehh 😳😳👏

Quoting Not-KPMG
Tax day passed

Let's see some up!!

I'm adding few...but mind possible dip to 5000 as charted above
Was about 8-9k that April.... 🤔🐢🐢
The PATIENCE warning to wait 5000.

You're all welcome 👍

Good but slow times...
Quoting Momofrmnyc
Truth.... Blaaaa and I'll never touch it....

I'm just watching from the sidelines taking small moves and getting out immediately.
Soooo🤔🤔

Dunbeetlyyyy.....
Yes you. 🐒

Are you touching or not touching???? Small what ?

Ohhh another liar spotted
Good phrasing dumpfy
Quoting Momofrmnyc
Truth....
Blaaaaaa... . I feel like a meteoric drop is in the works and things might get truly scary real soon. I'm.. .

Yep

Biiiiig drop. Horrible Bitcoin

Almost zero yep. ....
Wait Whaaaaaat???.... 😳😳

Went above 10000 dollllars tonight

Sue me 🐒😂😂
Attached Images (click to enlarge)
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  • Story Stats
  • Posted: Jun 1, 2020 7:48am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 23  /  Views: 5,170
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