Ichimoku cloud is possibly calling for lower price ahead for gold.
AUD is moving up and is about at per. I think we will see strength in the markets for the next few days.
In any case, I do not believe that the end of world is upon us. People who are predicting apocalyptic and end of world, will have to wait more. They forget that it is the interest of Germany to have a weaker euro. And the printing power of the central bankers and politicians are never to be underestimated.
85% of the population still has jobs and malls are still full. We will muddle through for some more time. But that does not mean that we have to go long equities yet.
Cash is King. Long live the King.
AUD is moving up and is about at per. I think we will see strength in the markets for the next few days.
In any case, I do not believe that the end of world is upon us. People who are predicting apocalyptic and end of world, will have to wait more. They forget that it is the interest of Germany to have a weaker euro. And the printing power of the central bankers and politicians are never to be underestimated.
85% of the population still has jobs and malls are still full. We will muddle through for some more time. But that does not mean that we have to go long equities yet.
Cash is King. Long live the King.
