QuoteDisliked1. By having cheap gold FED will cover paper dollars by gold.
Sounds logical, but is not currently permitted to provide the currency of any country with gold
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QuoteDisliked1. By having cheap gold FED will cover paper dollars by gold.
Disliked" FED is depreciating GOLD" Reasons: 1. By having cheap gold FED will cover paper dollars by gold. That will make dollar stronger for a long time. That will help to exit from big national debt of trilions of dollar. 2. Buy depreciating GOLD, the FED will crash down the biggest economy of strong competitor China. That will create new crysis not in U.S but in EUROZONE,AUSTRALIA and rest of the world. EURO/DOLLAR will hit 0.8. 3. After covering dollar by gold FED will start new program that will make gold prices to rise. They will rise GOLD to 3500-4000$....Ignored
DislikedBought at 0.9162. Honestly I dont give a f*ck since I already had 320p over the EUR/AUD but to me it looks like there was a small panic sell at 0.92 and if the data will be good tomorrow the sky is the limit.Ignored
Disliked" FED is depreciating GOLD" Reasons: 1. By having cheap gold FED will cover paper dollars by gold. That will make dollar stronger for a long time. That will help to exit from big national debt of trilions of dollar. 2. Buy depreciating GOLD, the FED will crash down the biggest economy of strong competitor China. That will create new crysis not in U.S but in EUROZONE,AUSTRALIA and rest of the world. EURO/DOLLAR will hit 0.8. 3. After covering dollar by gold FED will start new program that will make gold prices to rise. They will rise GOLD to 3500-4000$....Ignored
DislikedBought at 0.9162. Honestly I dont give a f*ck since I already had 320p over the EUR/AUD but to me it looks like there was a small panic sell at 0.92 and if the data will be good tomorrow the sky is the limit.Ignored
Disliked{quote} yes, big swaps. My swing trade timed out today with 0.45 risk loss. Time stop gets you out so you not paying swaps day after day. Other option is use futures where swap is the fairest.Ignored