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Alias Born 10/01/2015

Re: None

Wednesday, 06/28/2017 5:07:48 AM

Wednesday, June 28, 2017 5:07:48 AM

Post# of 63744
What happens with the gold price and with BAA ...
Baa is heavily dependent on the gold price.
For me, this all depends on politics. More than ever before.
Not so much with the economy.
Charts I see as medium-term and short-term interesting.
Sometimes they are a help. Often they are completely uninteresting.
Many have done charttraining, with the most diverse theories.
This has cost a lot of money to many small investors.
I go more to the historical lows, highs. Check the conditions at that time and then develop my own opinion.
Japan and Europe lend money free of charge. Japan has declared that they do not want to change it at the moment.
There you pay for deposits.
The world economy consists of a huge printing press.
You will not be able to drop the dollar so easily.
There are huge interests behind it.
If that changes, much changes on this planet.
I'm not sure what we'll see in the short term. But in the long run not much good is to be expected.
I bet on that.
Draghi said he is confident about the economy. And he announces that the flood of money is being curbed. The Euro rises. now.
BAA long

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