States of Currencies 20110114

Sociedad Qumica y Minera de Chile

SQM (U$), agriculture/fertilizer play? Iodine, lithium, Sodium, Potassium Nitrate play???



Very tradable.

US Natural Gas

UNG (U$): how many hedge funds will it take to blow up before the bull market of natural gas, again?

FCG (U$): meanwhile, incredible credits has flown back into the equity side of the market ???

Gold

GLD (U$)

Initiated long position, with price range in between $650 and $1,200 in the next 6 months.

Gold

$GLD (U$)

US Natural Gas

Well, the same question as before, how long will it take before a lower low, again?

Q&A: UK Banks

HSBA:

LLOY:

BARC:

RBS:

Current view:

Market is in favour of BARC then HSBA for their "broad geographic and business diversification".

For all 4 banks, the half year earning results next week might shed lights on questions of loan losses and requirements for further capital raising.

Q&A: Platinum?

PTM (U$)

PHPT.LON (£)

PHPT.MIL (Euro)

Current view: Speculative buy. Will it be easier and cheaper to simply short the U$?

Q&A: Switch from GBP to EUR?

Will 0.88 become resistance? It is yet to be tested. The current view is neutral.

Q&A: Switch from Oil to Gold ?

The breakout in June seemed to be short-lived. The current view is neutral.

Equities: Asia Pacific Ex-China/Japan

EPP (in U$)

XPXJ.LON (in £)
XPXJ.MIL (in Euro)

From now, which region will be the most promising in the years to come? Asia Pacific Ex-China/Japan ???

Note: waiting for a pullback before initiate positions

Q&A: Gold?

GLD (U$)

BULL.LON (£)

GOLD.AX (A$)

BULL (Euro)

Current view: Neutral

Q & A: Switch from EUR to GBP?

How long before the currency cross shows its true colour? No choice but to wait. Patience is a virtue, at least for now.

Q&A: Switch from Oil to Gold

Zoom in a little bit, here's what a 4-week breakout (?) is like. It is yet to be confirmed.

UNG on fire, where's the door, please?

After billions into the fund by June, what a firework once into July! "I'm a Gas man, get me out of here"?

Q&A: Switch from GBP to EUR ?

Still a waiting game ... high time enjoying the summer

Q&A: Switch from Oil to Gold

A breakout? Seemed genuine in the past 3 weeks.

And ? Test the water with tactical adjustment from Oil to Gold first?

timewilltell.org.uk ...

Natural Gas Later Rather Than Sooner

The price dropped like a stone.

A loss has been cut...paid the price of a pack of beer. What else more valuable in the heat wave of London ?

Excess shorts mentioned in COT report have won! What's next? What about starting with following @SellPuts ?

Q&A: Switch from Sterling to EURO?

It could be more favourable of holding Sterling. if the "sovereign" rights of EURO is cracked under the financial, economical and social stresses within the EU.

Technically, we need to wait and see if EURGBP breaks out or breaks down.

Stay tuned, please.

Q&A: Swith from Oil to Gold?

It's reported the highest saving rate in the US in 15 years and the highest credit card charge off rate ever (10%).

Nouriel Roubini estimates that US savings rate could rise to 10% or more and Nobel prize winning economist Phelps thinks it could take 15 years for households to rebuild their wealth. US and the world is still deflationary.

In order to store wealth, wait for the break out again like last October before the switch from OIL to GOLD.