XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #13,143
- Nov 15, 2011 5:54am Nov 15, 2011 5:54am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #13,151
- Edited 10:22am Nov 15, 2011 7:47am | Edited 10:22am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Your link does not work,
Also, this shows poor trading on Paulson's part.
Nadler put it exactly right below, (although I don't care for his analyis sometimes he does know his stuff) Yet for someone who works for a Huge PM company you would think he would be a bit more gold positive.
Also since there is no date I am assuming as the article says the shares are gone.
Thus, there has been minimal market reaction if any due to his F---K up.
Notice he is still long more than half of the position.
There are a lot of other huge players in the gold market. If this kind of selling by many all takes place at once on a slow NY afternoon, I would expect prive to move.
Thanks for posting though.
Also, this shows poor trading on Paulson's part.
Nadler put it exactly right below, (although I don't care for his analyis sometimes he does know his stuff) Yet for someone who works for a Huge PM company you would think he would be a bit more gold positive.
Also since there is no date I am assuming as the article says the shares are gone.
Thus, there has been minimal market reaction if any due to his F---K up.
Notice he is still long more than half of the position.There are a lot of other huge players in the gold market. If this kind of selling by many all takes place at once on a slow NY afternoon, I would expect prive to move.
Thanks for posting though.
ATTENTION PLEASE
NEW YORK (TheStreet ) -- Legendary hedge fund manager John Paulson made some bad bets this year and gold is paying the price.
More on Metals and Mining[list][*][b], Advantage Plus Fund, has sunk 44% for the year, dragged down by...
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #13,155
- Nov 15, 2011 8:58am Nov 15, 2011 8:58am
Hey, Is it moving fast enough now? wow, I never expected the jump we just got to 1785, i totally missed my own numbers, i am so pissed!
If anyone wishes to contact me, you can via email.
[email protected]
And I managed to jump in at around 1771, thanks to you!
edit: Now, am waiting for it to break past that ~85 barrier
- #13,158
- Nov 15, 2011 9:24am Nov 15, 2011 9:24am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Thank you Sir
- #13,159
- Nov 15, 2011 10:18am Nov 15, 2011 10:18am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #13,160
- Nov 15, 2011 10:20am Nov 15, 2011 10:20am
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
At the moment they might be, but do not always rely on ANY correlation when trading gold. It is now it's own beast!
Metals and many commodities as a whole also they tend to be correlated when the main market mover is risk and headlines.
Metals and many commodities as a whole also they tend to be correlated when the main market mover is risk and headlines.
I started trading oil now aswell so that I dont put all my trades in one box
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News