Originally Posted by land118
USD buying has nothing to do with usd being safe haven.
It's a massive funding shortage in the system.
A lot is going on. can't go into detail here.
Stk mkt will fall further. Just watch it
Originally Posted by land118
USD buying has nothing to do with usd being safe haven.
It's a massive funding shortage in the system.
A lot is going on. can't go into detail here.
Stk mkt will fall further. Just watch it
I need to warn those traders without putting stop. In the event the position is against u, and ur in a margin call situation, and if ur not contactable or unable to make good of margin within the same day.
Your position will be chopped....
Also, for some houses, the stop does not work in the event of open gap up or gap down, it may become a limit order.
I went down to the house today...so many margin calls..
Lucky enough to catch some fire sales, if there's any?
If fire-sale house can also raise cash so fast to meet margin calls?Originally Posted by maisonjai
can't. but maybe after margin called and forcesold positions, there is still a massive loss to pay or face bankruptcy proceedings. in that case, fire sale house can raise cash to save the fella.
Originally Posted by hyenergix
It's USD1740 today.Originally Posted by Montaigne
A month now and it's back to 1759 today.Originally Posted by Montaigne
Gold will never drop back to this level. It's teasing us around $1600-$1800. Chinese and Indian festivals are coming. Central banks are still buying gold. I think price will go up again next year.Originally Posted by DC33_2008
http://news.goldseek.com/GoldSeek/1320411600.php
People got scare after hearing to Basic.Originally Posted by hyenergix
Wait till US$ raises and gold will, well, crash like stone!
Originally Posted by hyenergix
I don't think so. Too many people (including myself and the forumers here) and central banks are aiming for gold now.
Useful articles:
Gold as investments?
http://www.goldinmind.com/gold-updat...hat-to-do.html
Gold scams!
http://www.goldinmind.com/how-to-buy...and-scams.html
It's 1792 today, you should be making now. Sell or hold, the choice is yours.Originally Posted by Montaigne
Already sold one at 1670 lah... sian...Originally Posted by 1000g
Gold must buy and hold one lah. Price won't go down much because drama is still unfolding in the west and east is still buying quietly.Originally Posted by Montaigne
Agreed 1000%.Originally Posted by hyenergix