tag:blogger.com,1999:blog-1708908742323002823.post2376997474970245836..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Nikkei Futures are moving off their Worst levelsTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1708908742323002823.post-86014281557623075482011-03-15T16:05:23.314-07:002011-03-15T16:05:23.314-07:00Dan,
Thanks for the reply .
What would be your bes...Dan,<br />Thanks for the reply .<br />What would be your best guess when this over reaction will reverse and things get back to normal?<br />I wish I was around before the Fed and all these hedge funds and their black boxes made such a mockery out of trading<br />Fundamentals mean nothing to these guys--Roberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-36406714223309098202011-03-15T15:41:51.107-07:002011-03-15T15:41:51.107-07:00Robert - yes both the metals markets are not freel...Robert - yes both the metals markets are not freely traded but keep in mind that this is exactly the same thing that happened back in 2008 when the huge sell offs hit the commodity sector and the metals. These damn hedge funds just dump everything at once, and I mean everything. the only thing higher today was the Yen, the bonds and the Dollar, only a tad.<br /><br />It was pretty much the same back in 2008.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-58215108293326328632011-03-15T15:38:22.404-07:002011-03-15T15:38:22.404-07:00Hi Dan,
The trouble I have is that in a free marke...Hi Dan,<br />The trouble I have is that in a free market ,one that is not so manipulated as the PMs are gold/silver should of been going up not down.There is no reason why gold/silver are not breaking into new highs .It just makes me sick to see how these metals are manipulated by the bullion banks and of course the Fed.Roberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20698405677399007352011-03-15T14:32:37.164-07:002011-03-15T14:32:37.164-07:00thanks TD.
that helps a littlethanks TD.<br />that helps a littleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-11273246096113466732011-03-15T14:28:02.828-07:002011-03-15T14:28:02.828-07:00Andrew Smith - the money comes out of the commodit...Andrew Smith - the money comes out of the commodity sector and just sits there in cash in the accounts of the hedge funds. They run to cash to get liquid and also to meet any potential margin calls in other markets where they are leveraged to the gills.<br />That is also one of the reasons they sell gold initially.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-42994223115964631212011-03-15T14:26:15.281-07:002011-03-15T14:26:15.281-07:00Markaltobelli;
The Japanese insurance companies a...Markaltobelli;<br /><br />The Japanese insurance companies are selling Tresuries and exchanging those Dollars for Yen and then repatriating the Yen to prepare for the enormous claims that they are going to have to pay out to rebuild the nation.<br /><br />As counterintuitive as it sounds, they hold such a large number of Treasuries that the impact on the Dollar/Yen cross is significant.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-53731321798026095992011-03-15T14:16:34.357-07:002011-03-15T14:16:34.357-07:00dan, something has me besides myself in bewilderme...dan, something has me besides myself in bewilderment.....how on earth is the yen rallying on the heels of the disaster and the irresponsible BOJ.<br /><br />please make some sense of it for me.<br />thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-21845721598187374012011-03-15T12:43:09.736-07:002011-03-15T12:43:09.736-07:00Hi Dan, I have been a watcher/investor in the prec...Hi Dan, I have been a watcher/investor in the precious metals area for 5 years now and I must admit, this stuff is no easy ride. Take the markets today. Usually when fear comes in, the dollar rallies a bit and PMs go up. I can understand that right now, with the uncertainty in Japan, that Hedgies etc are getting into cash. But whose cash/dollars/assets are they buying? The dollar is flat and PMs are dropping. Where has the money gone?Christine and Andrew Smithhttps://www.blogger.com/profile/10146425572113226352noreply@blogger.com