Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (70060)	9/21/2006 2:35:34 PM
From: orkrious	Read Replies (2) \| Respond to of 110194

@the Rand -- trotsky, 13:55:04 09/21/06 Thu the Rand is back in plunge mode, now almost at a 3-year low. it looks now like the possible e-wave interpretation i recently offered here regarding the Rand was quite correct. you can get the prayer rugs out now - so far this year, Rand weakness has almost always led to weakness in gold shortly afterwards. as i've mentioned, there really is no good reason for the two to track all the time, especially as SA's huge trade deficit should continue to weigh on the Rand, and that has obviously little to nothing to do with gold. imo the major reason why there has been some correlation is that often the same hedge fund players that are playing emerging markets currencies also play the commodity futures. thus liquidations in one corner of their speculative universe can lead to liquidations in another, since they're all leveraged up to their eyebrows (too much easy money from the BoJ, Fed, ECB, etc. will usually lead to that). @Philly Fed survey -- trotsky, 13:21:27 09/21/06 Thu sorry chaps, no growth: "Indicators for general activity, new orders, and shipments fell from their readings last month and suggest no growth." phil.frb.org @recent pressure on pm stocks -- trotsky, 13:18:18 09/21/06 Thu it appears that the Amarinth hedge fund that just tripped over its NG trades held a number of large positions in various gold stocks as well. this may well explain some of the recent weakness especially in liquid senior and mid tier producer shares - there may have been a bit of forced liquidation at work. as an aside: the fact that Amarinth was forced to liquidate its NG trades indicates that NG likely made its usual seasonal low here. @near-bankruptcy concentrates the mind -- trotsky, 13:02:04 09/21/06 Thu California, always on the brink of insolvency, gets creative: (take a deep breath): "California sues big carmakers over global warming" California's stand-up comedian general has a grand idea news.xinhuanet.com @FOMC statement -- trotsky, 12:56:40 09/21/06 Thu there you have it - the monetary bureaucrats know EXACTLY what they are doing: read and try not to fall off your chair laughing globaleconomicanalysis.blogspot.com @peak oil -- trotsky, 11:23:19 09/21/06 Thu it's unlikely to become a problem if the free market is allowed to operate says Prechter - he's right: peak oil or peak price? elliottwave.comaid=2613time=pm @why GSS got clocked so badly -- trotsky, 10:49:31 09/21/06 Thu in yesterday's trading, it looked at first as if GSS was going to resist the decline, but then it suddenly plummeted. here is why - one of the Prestea shafts was badly damaged by nearby blasting activities by illegal miners on the property: yet another serious setback for GSS allafrica.com