SI
SI
discoversearch

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 (70869)10/3/2006 6:42:55 PM
From: Wyätt Gwyön  Respond to of 110194
 
LOL!



To: ild who wrote (70869)10/4/2006 11:40:11 AM
From: orkrious  Respond to of 110194
 
@the Rand -- trotsky, 11:33:53 10/04/06 Wed
concurrently with the gold price, the Rand keeps collapsing too. it seems likely that the same players (i.e., hedge funds) are in forced liquidation mode in both markets.

@forex, pt. 2 -- trotsky, 09:56:43 10/04/06 Wed
it's a roughly similar picture in the Swiss Franc, which sports a large spec short position combined with a bullish looking chart - which is surprising, since speculators are massively net LONG the Euro at the same time:

@forex -- trotsky, 09:48:30 10/04/06 Wed
everybody and their auntie and her dog are currently short the Yen - recently the speculative net short position in Yen futures has just backed off a record high. methinks the Yen is poised for a big rise, as the chart looks bullish too (it's making higher highs and higher lows).

Yen chart plus CoT graphic:
freecotcharts.com



To: ild who wrote (70869)10/4/2006 1:47:46 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
@gold triangles of the past -- trotsky, 13:29:51 10/04/06 Wed
i have now uploaded a word file that shows the three most striking triangles of the 1970's gold bull market. you can download it using the link below. these triangles bear a striking resemblance to the current one. they are also saying that the termination point of the current triangle should be in the 520-560 region if the bull market is to remain alive medium term. the reason why this price region is so wide is that in some instances the termination point of the triangles has resulted in a new low for the move, and so far the low in the current triangle was at about $540, established in overnight trading in Asia at the terminal point of the first wave down after the $730+ high.

[ork: the link doesn't work]

@SA gold shares -- trotsky, 12:15:08 10/04/06 Wed
the SA miners are defying the decline to some exent, which shouldn't be too surprising - the Rand gold price sits slightly above R.4,500/oz. - this is pretty close to its recent record high. in fact, it's higher than what it was when gold traded at $730.

@the Rand -- trotsky, 11:33:53 10/04/06 Wed
concurrently with the gold price, the Rand keeps collapsing too. it seems likely that the same players (i.e., hedge funds) are in forced liquidation mode in both markets.