baronbloe

baronbloe

The Singaporean government has opted for a tighter monetary policy because they are offering bonds worth $24 Billion. I'm used to superlatives, BUT a $24 Billion bond issue?!. Its as if the government went around its own banks and is offering a product itself. SGD will strengthen because of Singapore's strategic business location, good business environment, and as...

baronbloe

It has been a roller coaster for gold prices soaring after being dormant for a few months in 2017. This year, the main effect I think on Gold is Indian legislation regarding the regulation of Gold and Gold exchanges. This will have the effect of people hoarding their gold, therefore, not selling. These measures being discussed by the finance minister are being...

baronbloe

The markets were waiting for the giant of BTC to awaken. In recent days, it has. Add a few hundred million to the market capitalization of the cryptomarket. Once the beast awakens, then usual practice is to shy away from the altcoins. But that hasn't happened this time around. The rest of the coins are going up and down in tandem with it. This could be an...

baronbloe

The Euro is not fairing well against the CHF. This is not a surprise given that in many cases like raising interest rates, selling off some of its balance sheet, or even having another economic crisis globally, this would strengthen the CHF. In 2015, The Swiss de-pegged from the Euro. Sending the EURO/CHF to nearly. .993. I would short this position until it reached 1.14.

baronbloe

If we take a look at Apple stock performance on the 3-hour. We will see that there was a huge retracement. Although I believe this to be temporary. I believe in Apple and its goals. But what does just providing jobs to the economy do for Apple and it's lacking innovations so far. Retracement Fibonacci sees Apple have a modest chance of growth in spite of recent...

baronbloe

We all know why there was a drop. That's because it was BREXIT. Although volatility and excitement are what drives major trades on this pair. I can see in the long run the GBP gaining strength as its economy develops faster in response to Brexit. I see the pair reaching the 163 mark beginning os July.

baronbloe

Although not one of the exotic commodities to trade. Silver is a store of value and an instrument of exchange. It has many uses and features. I see it maintaining $17 level until near-end of march

baronbloe

If one were to take away the multiplicity of hurdles facing a weaker USD. Then one would realize that the real reason the USD is weaker against the EUR is that there are stock market factors. The DOW plunged recently wiping off $5 Trillion. If the Eur remains at the $1.24 level then it looks surely to reach the $1.26 mark.

baronbloe

This chart correlates heavily with that of the value of the Japanese Yen. This is why we see a deep dive for Yen as it has less supply. Thus, a strengthened Yen against the USD. This is probably why Oil prices increased sharply as it was due to the weakened USD. In the eyes ot 1 OPEC this would be called price stabilization efforts. Although I see them as a clone...

baronbloe

Ethereum (ETH) has been a sort of catalytic converter as of late. Even though Ethereum makes up the bulk of this given activity. It still falls short of optimum performance.The demand for Ethereum based contract will increase but so will the alternative investment products. Efforts should be made to unify Saudi banks' stance on issues that come up. I suggest a...

baronbloe

I am neither long nor short on the GBP/USD pair. The GBP was stronger against the USD due to inflation from the US. The conundrum between the British government and European authorities is still ongoing. Both zones are so erratic with thr news that has come out that neither is benefitting the other. This is part of the bigger picture where the GBP is on a bull...

baronbloe

Bitcoin Cash is in a peculiar position. It is the one fork of Bitcoin that everyone pays street cred too. I cannot think of another besides Bitcoin Gold (Which I love but never owned). As Bitcoin has made its move breaking the $9k barrier and other cryptocurrencies make gains. It seems that BCH is missing out on the party. Although BCH had a rally as of late, it...

baronbloe

Palladium is from the Platinum family of metals and has a lower melting point. It is used as a catalyst converter (Fancy for: used to make one chemical into another bu using the Palladium as a catalyst. Over half the global supply of Palladium is used for this purpose. Will we see a strengthening of emissions rules on Commodities? Probably not. Given the high...

baronbloe

The Yen experienced upheaval in late 2017. Foreign industrial orders for cars and durable goods affect the volatility heavily during times of trade. Now is no different, When you have a stronger currency then it implies that stocks will be at more of a bargain. As stock prices gauge the power of a currency. The increasing separation between Topix prices...

baronbloe

I don't write about Litecoin much or give analysis. But here I'm going to. It is interesting how news of a fork made Litecoin jump when other coins in the same situation didn't, even after Charlie Lee said the fork was a "Scam". Although, I think we are missing the bigger picture. Litecoin has weathered many of the political storms that other coins haven't....

baronbloe

ADA from the cardano project has been hovering at comparably low of $.37. The potential of this foundation and cryptocurrency are highly anticipated. Godd investment time for this Crypto as the price is attractive in the long term.

baronbloe

XRP had laid dormant for most of 2018. It then awakened and drove more adoption of cryptocurrencies (Even though its not). XRP has been gaining many clients including recently signing with a firm in Abu Dhabi that specializes in remittances. The agreeing with Ripple DOES NOT make you buy tokens, there are some technologies they push that are. I look to XRP to...

baronbloe

After many attempts to break into $16k territory since before 2018. The correction nevertheless continues. Its cyclicle in nature. The bulls have attempted to burst through a number of times but to no avail as of yet. The bears still have the grip and could drag down another $2k to $6k. Expect to see BTC testing new lows.