Is pretending to know better that others make you feel good? Sick of seeing such clowns. Edit: Was that you who claimed to make 100% every month and then went to C2 only to blow up accounts several times in a row?
One thing I’m trying to reconcile is the idea US is the highest cost producer in nearly everything. For commodities, this is certainly the case. However, for certain value added goods such as industrial machinery and services, how does one quantify quality or even “uniqueness”? I’m thinking in terms of the sustainability of US export levels under a increasing dollar. Another factor is the US becoming less dependent, or even independent, on energy imports. Instead of having to import $140.00 oil at its worse, it is now a non factor. This is a significant status quo changer in global money flows, with the implication the US Dollar has a positive fundamental it did not have since its 2008 low.
Truly profound. I shall cover and short only when I deem it will be ALL THE WAY down. Thank you, Kierkegaard.
why don't we seriously analyze the lebanon sterling instead. I went to beirut last few months to 'get a feel' if its usd peg is doable, fundamentals are bad but the peg seems to be holding and the interest rate spread (stering-usd) is around 800bps! with its worsening relation with its sugar-gaddy saudi due to the rising hellbolah influence, i can't figure who would bail the tiny lebanon out with its twin deficits and poor fundamentals. the central bank reserves are kinda flat, but i can't understand how it is holding.
People demand freedom of speech as a compensation for the freedom of thought which they seldom use - Søren Kierkegaard, Danish philosopher
Gold is a better option , as we can often see recently when equity up, gold up, when equity down, gold up. 1. When tariff is raised, equity down and gold up because of rising risk. 2. When Fed cut rate gold is up because USD down. 3. Since global economy is slowdown, every country is cutting rate, you buy gold as every currency devalued.
I'm flat PNL on spot, but up a bit on options. I am not going to mark the vol-positions to this thread as the vol is there to earn the outlay on the swap. I don't do gold. Look what happened to gold during the internet and subprime crashes. It's a source of funds when shit goes sideways and I cannot trade vol on gold. You want to trade gold? Start a thread.
What is nonsense about it? It is just common sense or your tiny brain cannot comprehend other countries doing what economically, benefits them? Debate the issues and say why it is wrong. You are very childish and to say you are smart and every one else dumb? I will leave that to the others to decide! Seems like you have troll tattoed on your forehead!
I meant if you want to hold something,gold is a better option in current environment. I don't hold gold, only trade it when some gold positive news comes out(Because that will be a moment it goes all the way up). The thing I hold often is euro. I had a short on it from last week, and I am up 100% on it.Euro is an instrument that often goes all the way up or down,so in my view it is the best instrument to trade. My calls on euro have been 90% correct.I don't mind posting some euro calls if there is such a thread.