
The Future – an Alternate View
highwayman Posted 10 Mar. in #Global Reserve Currency #Precious Metal #The Future24/40
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The Trader “Why are you so glum today?” asked Sanjay on seeing his brother Roshan staring at the computer. Roshan hesitated for a moment before replying. “The metals are taking a beating and I am long on gold” he said at last. “Don’t you worry” said Sanjay calmly. “They will recover, they always do.” “But I disregarded your advice and used leverage a couple of times” admitted Roshan after a guilty silence. “You used leverage while trading!” exclaimed Sanjay in dismay, obviously shocked at his brothers actions. “Where, show me?” “Here and here” said Roshan pointing to his charts. Sanjay studied the charts for a while. ”Those seem to be the places where QE3 and QE4 were announced” he said. “The price looks like it might drop still further. I think you had better fund your account before you are margin called.”------------------------------------------------------------------------------------------------------------------------------------------The Currency“Didn't the funds reach your account on time?” Roshan shook his head slowly. “No, I was too late” he said in a low voice. “I don't understand it, each time further Quantitative Easing was announced the US dollar actually seemed t…