NexusFi: Find Your Edge


Home Menu

 





The rise of Gold -


Discussion in Traders Hideout

Updated
    1. trending_up 1,181 views
    2. thumb_up 0 thanks given
    3. group 0 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 Coast 
Vancouver, Canada
 
Experience: Beginner
Platform: iTrade Nexa
Trading: SLW
Posts: 59 since Dec 2011

Fortunately by happenstance I had my finger on the pulse of my stocks today.
Luck is opportunity meeting preparedness.
In my case, beginners luck.
"Yea" says Bukowski, "but that counts too!"

This may have had something to do with gold today.

Will Iran Kill the Petrodollar?

"The Iranian Dilemma
Iran may be isolated from the United States and Western Europe, but Tehran still has some pretty staunch allies. Iran and Venezuela are advancing $4 billion worth of joint projects, including a bank. India has pledged to continue buying Iranian oil because Tehran has been a great business partner for New Delhi, which struggles to make its payments. Greece opposed the EU sanctions because Iran was one of very few suppliers that had been letting the bankrupt Greeks buy oil on credit. South Korea and Japan are pleading for exemptions from the coming embargoes because they rely on Iranian oil. Economic ties between Russia and Iran are getting stronger every year.

Then there's China. Iran's energy resources are a matter of national security for China, as Iran already supplies no less than 15% of China's oil and natural gas. That makes Iran more important to China than Saudi Arabia is to the United States. Don't expect China to heed the US and EU sanctions much – China will find a way around the sanctions in order to protect two-way trade between the nations, which currently stands at $30 billion and is expected to hit $50 billion in 2015. In fact, China will probably gain from the US and EU sanctions on Iran, as it will be able to buy oil and gas from Iran at depressed"


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
New Section 301 Probes Target 16 Trading Partners -- Tra …
Traders Hideout
Irans Answer Due Today: Peace Surges to 33.5%, Invasion …
Prediction Markets & Event Contracts
CME Launches Bitcoin Volatility Futures June 1 -- First …
Cryptocurrency
Orban at 29pct as Hungary Votes Tomorrow -- McIlroy Surg …
Prediction Markets & Event Contracts
Q1 2026 Shatters All Derivatives Volume Records -- CME H …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
24 thanks
2026 Jlab journal
10 thanks
Trying to learn Volume and price action correlation
7 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Lady Vols Primer: Trading Volatility Journal
6 thanks
  #2 (permalink)
 
GridKing's Avatar
 GridKing 
San Diego, CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
Posts: 3,630 since May 2011
Thanks Given: 584
Thanks Received: 881

Jan. 26 Comex February gold options expiry
Jan. 27 Comex February miNY gold futures last trading day

DJ Metals Calendar - Futures, Options Dates - Jan 13


"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Visit my NexusFi Trade Journal Reply With Quote




Last Updated on January 25, 2012


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts