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Author Topic: Live chat  (Read 2974619 times)

Orca

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« Reply #3480 on: March 10, 2016, 07:49:51 pm »
The bad news from SA attenuated the fall of the ZAR and cemented the downgrade.
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Patrick

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« Reply #3481 on: March 11, 2016, 10:27:39 am »
And then gains again the next day. Currency traders must be making a killing, or losing the shirt off their backs!
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Orca

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Re: Live chat
« Reply #3482 on: March 11, 2016, 10:35:36 am »
Traders act on impulse and then digest the news for some time to before making a decision on the direction it should be taking. Seems we will see sub 15 soon.
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jaDEB

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« Reply #3483 on: March 11, 2016, 11:54:32 am »
lon :)
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jaDEB

If it scares you, it's a sign you need to do it

ninamina

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« Reply #3484 on: March 11, 2016, 12:40:40 pm »
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ninamina

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« Reply #3485 on: March 11, 2016, 12:44:43 pm »
anyone looking for info about megastocx, instastocx, tiestacron, MSI???
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Patrick

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« Reply #3486 on: March 11, 2016, 03:53:23 pm »
Did you get scammed by them? send Facebook and hello Peter are full of complaints.
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Orca

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Re: Live chat
« Reply #3487 on: March 11, 2016, 08:53:20 pm »
Brazil was recently downgraded to junk but:
The index is now up just over 30% for the rolling month, against the backdrop of growing bullishness on South American markets, following moves this year by recently elected President Mauricio Macri to reform neighbouring Argentina’s economy.
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Nivek

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« Reply #3488 on: March 14, 2016, 12:27:43 pm »
So how did those on top of the leaderboard predict that reasources were going to run as hard?
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Fanus

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« Reply #3489 on: March 14, 2016, 01:00:46 pm »
I'm of the opinion that the world is on a downward spiral and that gold is going to become very scarce in the next 2 years so I'm trying to own the mines (just like some other Zuptas). If you invest where the president invests you can't go wrong.
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Moonraker

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« Reply #3490 on: March 14, 2016, 01:10:14 pm »
Wait till (if) the FED increases rates - if they do gold will go down.
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Snapcase

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Re: Live chat
« Reply #3491 on: March 14, 2016, 01:31:16 pm »
I think its clear Mr President is a forex trader...   :P
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Luna

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« Reply #3492 on: March 14, 2016, 01:35:04 pm »
Are you sure gold will go down after the FED increases rates? Gold is up in rand after the December rate increase. Might go down in dollar terms. lol to be honest... I think Gold will go up in rand terms whether or not the FED increases rates or keep them stable.
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Moonraker

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Re: Live chat
« Reply #3493 on: March 14, 2016, 02:08:00 pm »
Agreed, in Rand terms it could be a totally different kettle of fish. However in $ terms, if the $ strengthens, it means that the $ strengthens against all commodities (which are priced in $), so by implication the commodity prices will be weaker. Conversely, if the dollar weakens so anything that is priced in dollars, including oil, becomes relatively stronger and that relative strength is reflected in a higher price.
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Luna

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« Reply #3494 on: March 14, 2016, 02:21:10 pm »
lol and if the US decides not to increase rates... keep it stable or maybe backtrack on interest rate plans... it might be that investors will also flee to Gold (loosing faith in QE and other stimulus methods). Might be Bullish for the Rand (not that the FED will decide this unless some crappy employment data comes out)
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