Thursday 25 August 2011

Who is speaking at Jackson Hole?


As you all are probably aware, Ben Bernanke is speaking at Jackson Hole. There is more than one speaker.

I like to share with you that J C Trichet will be speaking at Jackson Hole, too.

I noted that most fellow bloggers posted and the emphasis is on Ben Bernanke. I thought the audience should also share light on J C Trichet.

What does this mean? While Ben Bernanke speech concentrates on US issues, his European counterpart will deliver EU issues.

The crux of Jackson Hole will mainly depend on these two speakers.

If both of them deliver market expectations, financial markets will turn around and head north. IF they are not aligned, I regret to say what the outcome might be.

Hence, your strategy will depend on what is the outcome on Friday night.

If you’re speculating on Gold, you will need to take note if any stimulus or QE3 equivalent is in the pipeline. In other words, if there are hints of the above, Gold will continue to head North, break US 2,000 and henceforth. Otherwise, you might see Gold going back to the US$ 1,400 region.

So let’s get ready to make tons and tons of money! Meanwhile, please feel free to email me or drop any queries you might have. I’ll be too please to answer them.


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