Comments on: Gold fall may indicate an end to “Armageddon” trade

By: Sean Lee

Sean Lee — Thu, 11 Mar 2010 02:13:26 +0000

Sorry Puks, the trade you put on if the entire financial markets cease to function. Buy gold, commodities etc.

By: simon

simon — Thu, 11 Mar 2010 01:57:05 +0000

Good Luck to you Sean I cant bring myself to pull the trigger against that downtrend, I need some confirmation but thats me I suppose

By: puks

puks — Thu, 11 Mar 2010 01:43:07 +0000

Hi Sean, Afternoon.

Can you please elaborate on “Armageddon” trade? sorry – I am not that familier with such terminology.

Thanks

By: simao4

simao4 — Thu, 11 Mar 2010 01:30:36 +0000

i need to buy eur/usd or aud/usd and i am dont know who is the pairs he goes up first

By: Rance San

Rance San — Thu, 11 Mar 2010 01:19:07 +0000

I was going to do the same Sean, but did not give in to the temptation as I still have wounds from my last go-round witht he GBP…

By: Sean Lee

Sean Lee — Thu, 11 Mar 2010 01:11:56 +0000

Thanks Simon. I must admit I couldn’t resist and have bought a small amount of cable.

By: simon

simon — Thu, 11 Mar 2010 01:09:07 +0000

Good Morning Sean
I must say that is some fall in pound/aussie, I think the fall in gold is a little worrying for the commodity currencies, the weekly charts in the aussie are pointing towards correction, but gee its hard to pick, as u say play the fringes.

Simon

By: Rance San

Rance San — Thu, 11 Mar 2010 01:09:05 +0000

well it would seem that the AUD has it’s act together and the rest of the world is trying to figure it out while they just kep getting better…

By: miki

miki — Thu, 11 Mar 2010 01:02:28 +0000

more poop for the cable