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Thread: Why there is a big movement in gold / oil today?

  1. #1
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    Default Why there is a big movement in gold / oil today?

    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?
    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?

    Gold 1637 USD ... up $17
    US Light Crude (SGD1 Contract)
    9822.0
    9828.0 +221
    Ride at your own risk !!!

  2. #2
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    Default

    Quote Originally Posted by phantom_opera
    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?
    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?

    Gold 1637 USD ... up $17
    US Light Crude (SGD1 Contract)
    9822.0
    9828.0 +221
    Why ah? Stocks gg to cheong?!
    Stocks up or down I just buy.

  3. #3
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    oil little changed but gold confirmed got strong buying - by Russians??


    SINGAPORE, Aug 22 (Reuters) - Gold traded steady on
    Wednesday, hovering near its highest level in more than three
    months, supported by speculation on the European Central Bank
    taking action to curb Italian and Spanish yields.
    Ride at your own risk !!!

  4. #4
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    Quote Originally Posted by phantom_opera
    oil little changed but gold confirmed got strong buying - by Russians??


    SINGAPORE, Aug 22 (Reuters) - Gold traded steady on
    Wednesday, hovering near its highest level in more than three
    months, supported by speculation on the European Central Bank
    taking action to curb Italian and Spanish yields.
    Maybe they tasted the OLYMPIC GOLD medal *slurp slurp* now want more of the real thing...

  5. #5
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    Impressive, Gold looks very bullish, something is brewing

    Now at a major resistance point

    SPDR Gold Shares (GLD) -NYSEArca
    160.54 1.71(+1.08%)

    Pimco Increases Gold Allocation From 10.5% To 11.5% In Commodity Fund


    Another stunner:

    AAPL is 20% of NASDAQ now
    Ride at your own risk !!!

  6. #6
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    FOMC minutes ... very powerful push for gold (as well as SG property loh)

    Ride at your own risk !!!

  7. #7
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    looks like many people already know about Fed minutes last week, this explains the strength of gold

    ==================================
    Hopes for a fresh round of quantitative easing from the Fed were boosted Wednesday when minutes of its last policy meeting were published, IG Markets said in a report.
    The minutes from the Federal Open Market Committee meeting three weeks ago showed there was support by "many members" for additional stimulus to the US economy soon unless economic data turns around.
    "Having spent the last few months watching from in the stands, QE3 is now sitting on the bench waiting for the call to come on as a last-gasp substitute," the IG report said, referring to a new round of quantitative easing.
    "That is how things look this morning after Fed minutes stated that another round of large-scale asset purchases could happen 'fairly soon'."
    The minutes said: "Many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial strengthening in the pace of the recovery."
    Ride at your own risk !!!

  8. #8
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    it also explains why Dow / SP500 was so strong ... looks like Wall Street is controlling the Fed

    really scary, G7 is on drugs only China is not
    Ride at your own risk !!!

  9. #9
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    Quote Originally Posted by phantom_opera
    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?
    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?

    Gold 1637 USD ... up $17
    US Light Crude (SGD1 Contract)
    9822.0
    9828.0 +221
    bro look like u more interested in this kind of thing than...PROPERTY..

    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?
    Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?Why?


  10. #10
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    Gold
    1,687.60
    30.50
    +1.84%

    10-Year Bond
    1.56
    -0.06
    -3.58%

    Gold up, bond yield down, QE3 is 70% factored in
    Ride at your own risk !!!

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